Between 1976 and 2022, the Consumer Price Index went from 56.9 to 292.655.
Cumulatively, prices increased 414.3%, which works out to an average of
3.62% per year. Put differently, a dollar in 1976 bought what
$0.19 buys in 2022.
Common amounts: 1976 dollars in 2022
Amount in 1976
Value in 2022
$1.00
$5.14
$5.00
$25.72
$10.00
$51.43
$20.00
$103
$50.00
$257
$100
$514
$500
$2,572
$1,000
$5,143
$5,000
$25,717
$10,000
$51,433
$100,000
$514,332
$1,000,000
$5,143,322
Inflation by spending category, 1976–2022
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1976 spending costs in 2022, by category:
Category
Avg. yearly inflation
$100 in 1976 →
All items (CPI-U)
3.62%
$514
Medical care
5.25%
$1,051
Energy
4.19%
$661
Housing
3.81%
$559
Core (all items less food & energy)
3.62%
$513
Food
3.54%
$496
Transportation
3.48%
$483
Apparel
1.15%
$169
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.
The destination year: 2022
2022 was the year inflation returned. Consumer prices rose 8.0% on average,
the worst since 1981, driven by pandemic-era supply chains, stimulus-fueled
demand, and an energy shock from the war in Ukraine. Gas briefly topped $5 a
gallon nationally for the first time ever, and “inflation” became the
top-ranked economic concern in nearly every poll of American households.
MLA: “Inflation from 1976 to 2022: $100 is worth $514 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1976-to-2022/
APA: InflationCalculator.com. Inflation from 1976 to 2022. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1976-to-2022/