U.S. inflation · 1977–1978

Value of $100 in 1977, adjusted to 1978

$100 in 1977 has the same buying power as

$108

in 1978

$100$104$10819771978$100 · 1977$108 · 1978
Detailed inflation statistics
Cumulative price change7.6%
Average inflation rate7.59% per year
Converted amount ($100 base)$108
Price difference ($100 base)$7.59
CPI in 197760.6
CPI in 197865.2
Inflation in 19776.50%
Inflation in 19787.59%
$100 in 19771978$108
$100 in 19781977$92.94

What happened to prices between 1977 and 1978

Between 1977 and 1978, the Consumer Price Index went from 60.6 to 65.2. Cumulatively, prices increased 7.6%, which works out to an average of 7.59% per year. Put differently, a dollar in 1977 bought what $0.93 buys in 1978.

Common amounts: 1977 dollars in 1978

Amount in 1977Value in 1978
$1.00$1.08
$5.00$5.38
$10.00$10.76
$20.00$21.52
$50.00$53.80
$100$108
$500$538
$1,000$1,076
$5,000$5,380
$10,000$10,759
$100,000$107,591
$1,000,000$1,075,908

Inflation by spending category, 1977–1978

The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1977 spending costs in 1978, by category:

Category Avg. yearly inflation $100 in 1977 →
All items (CPI-U) 7.59% $108
Food 9.92% $110
Housing 8.71% $109
Medical care 8.42% $108
Core (all items less food & energy) 7.38% $107
Energy 6.28% $106
Transportation 4.58% $105
Apparel 3.56% $104

Not shown because the BLS began these indexes after 1977: recreation (1993–), education & communication (1993–).

Year by year: CPI and the value of $100 from 1977

Year CPI Inflation rate $100 from 1977
1977 60.6 6.5% $100
1978 65.2 7.6% $108

Cite this page

MLA: “Inflation from 1977 to 1978: $100 is worth $108 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1977-to-1978/

APA: InflationCalculator.com. Inflation from 1977 to 1978. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1977-to-1978/

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.