Between 1977 and 1994, the Consumer Price Index went from 60.6 to 148.2.
Cumulatively, prices increased 144.6%, which works out to an average of
5.40% per year. Put differently, a dollar in 1977 bought what
$0.41 buys in 1994.
Common amounts: 1977 dollars in 1994
Amount in 1977
Value in 1994
$1.00
$2.45
$5.00
$12.23
$10.00
$24.46
$20.00
$48.91
$50.00
$122
$100
$245
$500
$1,223
$1,000
$2,446
$5,000
$12,228
$10,000
$24,455
$100,000
$244,554
$1,000,000
$2,445,545
Inflation by spending category, 1977–1994
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1977 spending costs in 1994, by category:
Category
Avg. yearly inflation
$100 in 1977 →
All items (CPI-U)
5.40%
$245
Medical care
8.00%
$370
Core (all items less food & energy)
5.70%
$257
Housing
5.59%
$252
Transportation
4.96%
$228
Food
4.76%
$220
Energy
4.51%
$212
Apparel
3.16%
$170
Not shown because the BLS began these indexes after 1977: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1977 to 1994: $100 is worth $245 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1977-to-1994/
APA: InflationCalculator.com. Inflation from 1977 to 1994. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1977-to-1994/