Between 1976 and 2016, the Consumer Price Index went from 56.9 to 240.007.
Cumulatively, prices increased 321.8%, which works out to an average of
3.66% per year. Put differently, a dollar in 1976 bought what
$0.24 buys in 2016.
Common amounts: 1976 dollars in 2016
Amount in 1976
Value in 2016
$1.00
$4.22
$5.00
$21.09
$10.00
$42.18
$20.00
$84.36
$50.00
$211
$100
$422
$500
$2,109
$1,000
$4,218
$5,000
$21,090
$10,000
$42,180
$100,000
$421,805
$1,000,000
$4,218,049
Inflation by spending category, 1976–2016
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1976 spending costs in 2016, by category:
Category
Avg. yearly inflation
$100 in 1976 →
All items (CPI-U)
3.66%
$422
Medical care
5.62%
$892
Housing
3.85%
$453
Core (all items less food & energy)
3.72%
$431
Energy
3.65%
$420
Food
3.54%
$402
Transportation
3.21%
$354
Apparel
1.30%
$168
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 2016: $100 is worth $422 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1976-to-2016/
APA: InflationCalculator.com. Inflation from 1976 to 2016. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1976-to-2016/