Between 1976 and 1997, the Consumer Price Index went from 56.9 to 160.5.
Cumulatively, prices increased 182.1%, which works out to an average of
5.06% per year. Put differently, a dollar in 1976 bought what
$0.35 buys in 1997.
Common amounts: 1976 dollars in 1997
Amount in 1976
Value in 1997
$1.00
$2.82
$5.00
$14.10
$10.00
$28.21
$20.00
$56.41
$50.00
$141
$100
$282
$500
$1,410
$1,000
$2,821
$5,000
$14,104
$10,000
$28,207
$100,000
$282,074
$1,000,000
$2,820,738
Inflation by spending category, 1976–1997
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1976 spending costs in 1997, by category:
Category
Avg. yearly inflation
$100 in 1976 →
All items (CPI-U)
5.06%
$282
Medical care
7.44%
$451
Core (all items less food & energy)
5.29%
$295
Housing
5.23%
$291
Transportation
4.69%
$262
Food
4.57%
$255
Energy
4.40%
$247
Apparel
2.75%
$177
Not shown because the BLS began these indexes after 1976: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1976 to 1997: $100 is worth $282 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1976-to-1997/
APA: InflationCalculator.com. Inflation from 1976 to 1997. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1976-to-1997/