Between 1976 and 2008, the Consumer Price Index went from 56.9 to 215.303.
Cumulatively, prices increased 278.4%, which works out to an average of
4.25% per year. Put differently, a dollar in 1976 bought what
$0.26 buys in 2008.
Common amounts: 1976 dollars in 2008
Amount in 1976
Value in 2008
$1.00
$3.78
$5.00
$18.92
$10.00
$37.84
$20.00
$75.68
$50.00
$189
$100
$378
$500
$1,892
$1,000
$3,784
$5,000
$18,919
$10,000
$37,839
$100,000
$378,388
$1,000,000
$3,783,884
Inflation by spending category, 1976–2008
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1976 spending costs in 2008, by category:
Category
Avg. yearly inflation
$100 in 1976 →
All items (CPI-U)
4.25%
$378
Medical care
6.27%
$700
Energy
5.32%
$525
Housing
4.44%
$402
Core (all items less food & energy)
4.22%
$376
Transportation
4.04%
$355
Food
3.97%
$348
Apparel
1.44%
$158
Not shown because the BLS began these indexes after 1976: recreation (1993–), education & communication (1993–).
Long periods are sampled every 2 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1976 to 2008: $100 is worth $378 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1976-to-2008/
APA: InflationCalculator.com. Inflation from 1976 to 2008. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1976-to-2008/