Between 1976 and 1996, the Consumer Price Index went from 56.9 to 156.9.
Cumulatively, prices increased 175.7%, which works out to an average of
5.20% per year. Put differently, a dollar in 1976 bought what
$0.36 buys in 1996.
Common amounts: 1976 dollars in 1996
Amount in 1976
Value in 1996
$1.00
$2.76
$5.00
$13.79
$10.00
$27.57
$20.00
$55.15
$50.00
$138
$100
$276
$500
$1,379
$1,000
$2,757
$5,000
$13,787
$10,000
$27,575
$100,000
$275,747
$1,000,000
$2,757,469
Inflation by spending category, 1976–1996
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1976 spending costs in 1996, by category:
Category
Avg. yearly inflation
$100 in 1976 →
All items (CPI-U)
5.20%
$276
Medical care
7.68%
$439
Core (all items less food & energy)
5.44%
$289
Housing
5.36%
$284
Transportation
4.88%
$260
Food
4.66%
$249
Energy
4.56%
$244
Apparel
2.84%
$175
Not shown because the BLS began these indexes after 1976: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1976 to 1996: $100 is worth $276 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1976-to-1996/
APA: InflationCalculator.com. Inflation from 1976 to 1996. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1976-to-1996/