Between 1977 and 1997, the Consumer Price Index went from 60.6 to 160.5.
Cumulatively, prices increased 164.9%, which works out to an average of
4.99% per year. Put differently, a dollar in 1977 bought what
$0.38 buys in 1997.
Common amounts: 1977 dollars in 1997
Amount in 1977
Value in 1997
$1.00
$2.65
$5.00
$13.24
$10.00
$26.49
$20.00
$52.97
$50.00
$132
$100
$265
$500
$1,324
$1,000
$2,649
$5,000
$13,243
$10,000
$26,485
$100,000
$264,851
$1,000,000
$2,648,515
Inflation by spending category, 1977–1997
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1977 spending costs in 1997, by category:
Category
Avg. yearly inflation
$100 in 1977 →
All items (CPI-U)
4.99%
$265
Medical care
7.33%
$412
Core (all items less food & energy)
5.24%
$278
Housing
5.15%
$273
Transportation
4.57%
$245
Food
4.48%
$240
Energy
4.15%
$226
Apparel
2.66%
$169
Not shown because the BLS began these indexes after 1977: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1977 to 1997: $100 is worth $265 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1977-to-1997/
APA: InflationCalculator.com. Inflation from 1977 to 1997. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1977-to-1997/