U.S. inflation · 1976–2003
$100 in 1976 has the same buying power as
$323
in 2003
| Cumulative price change | 223.4% |
|---|---|
| Average inflation rate | 4.44% per year |
| Converted amount ($100 base) | $323 |
| Price difference ($100 base) | $223 |
| CPI in 1976 | 56.9 |
| CPI in 2003 | 184 |
| Inflation in 1976 | 5.76% |
| Inflation in 2003 | 2.28% |
| $100 in 1976 → 2003 | $323 |
| $100 in 2003 → 1976 | $30.92 |
Between 1976 and 2003, the Consumer Price Index went from 56.9 to 184. Cumulatively, prices increased 223.4%, which works out to an average of 4.44% per year. Put differently, a dollar in 1976 bought what $0.31 buys in 2003.
| Amount in 1976 | Value in 2003 |
|---|---|
| $1.00 | $3.23 |
| $5.00 | $16.17 |
| $10.00 | $32.34 |
| $20.00 | $64.67 |
| $50.00 | $162 |
| $100 | $323 |
| $500 | $1,617 |
| $1,000 | $3,234 |
| $5,000 | $16,169 |
| $10,000 | $32,337 |
| $100,000 | $323,374 |
| $1,000,000 | $3,233,743 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1976 spending costs in 2003, by category:
| Category | Avg. yearly inflation | $100 in 1976 → |
|---|---|---|
| All items (CPI-U) | 4.44% | $323 |
| Medical care | 6.67% | $571 |
| Housing | 4.68% | $343 |
| Core (all items less food & energy) | 4.60% | $337 |
| Energy | 4.19% | $303 |
| Food | 4.05% | $292 |
| Transportation | 3.97% | $286 |
| Apparel | 1.77% | $161 |
Not shown because the BLS began these indexes after 1976: recreation (1993–), education & communication (1993–).
| Year | CPI | Inflation rate | $100 from 1976 |
|---|---|---|---|
| 1976 | 56.9 | 5.8% | $100 |
| 1977 | 60.6 | 6.5% | $107 |
| 1978 | 65.2 | 7.6% | $115 |
| 1979 | 72.6 | 11.3% | $128 |
| 1980 | 82.4 | 13.5% | $145 |
| 1981 | 90.9 | 10.3% | $160 |
| 1982 | 96.5 | 6.2% | $170 |
| 1983 | 99.6 | 3.2% | $175 |
| 1984 | 103.9 | 4.3% | $183 |
| 1985 | 107.6 | 3.6% | $189 |
| 1986 | 109.6 | 1.9% | $193 |
| 1987 | 113.6 | 3.6% | $200 |
| 1988 | 118.3 | 4.1% | $208 |
| 1989 | 124 | 4.8% | $218 |
| 1990 | 130.7 | 5.4% | $230 |
| 1991 | 136.2 | 4.2% | $239 |
| 1992 | 140.3 | 3.0% | $247 |
| 1993 | 144.5 | 3.0% | $254 |
| 1994 | 148.2 | 2.6% | $260 |
| 1995 | 152.4 | 2.8% | $268 |
| 1996 | 156.9 | 3.0% | $276 |
| 1997 | 160.5 | 2.3% | $282 |
| 1998 | 163 | 1.6% | $286 |
| 1999 | 166.6 | 2.2% | $293 |
| 2000 | 172.2 | 3.4% | $303 |
| 2001 | 177.1 | 2.8% | $311 |
| 2002 | 179.9 | 1.6% | $316 |
| 2003 | 184 | 2.3% | $323 |
MLA: “Inflation from 1976 to 2003: $100 is worth $323 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1976-to-2003/
APA: InflationCalculator.com. Inflation from 1976 to 2003. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1976-to-2003/
Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.