Between 1976 and 1999, the Consumer Price Index went from 56.9 to 166.6.
Cumulatively, prices increased 192.8%, which works out to an average of
4.78% per year. Put differently, a dollar in 1976 bought what
$0.34 buys in 1999.
Common amounts: 1976 dollars in 1999
Amount in 1976
Value in 1999
$1.00
$2.93
$5.00
$14.64
$10.00
$29.28
$20.00
$58.56
$50.00
$146
$100
$293
$500
$1,464
$1,000
$2,928
$5,000
$14,640
$10,000
$29,279
$100,000
$292,794
$1,000,000
$2,927,944
Inflation by spending category, 1976–1999
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1976 spending costs in 1999, by category:
Category
Avg. yearly inflation
$100 in 1976 →
All items (CPI-U)
4.78%
$293
Medical care
7.08%
$482
Core (all items less food & energy)
5.02%
$308
Housing
4.96%
$305
Food
4.35%
$266
Transportation
4.28%
$262
Energy
3.81%
$236
Apparel
2.45%
$175
Not shown because the BLS began these indexes after 1976: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1976 to 1999: $100 is worth $293 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1976-to-1999/
APA: InflationCalculator.com. Inflation from 1976 to 1999. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1976-to-1999/