Between 1977 and 2002, the Consumer Price Index went from 60.6 to 179.9.
Cumulatively, prices increased 196.9%, which works out to an average of
4.45% per year. Put differently, a dollar in 1977 bought what
$0.34 buys in 2002.
Common amounts: 1977 dollars in 2002
Amount in 1977
Value in 2002
$1.00
$2.97
$5.00
$14.84
$10.00
$29.69
$20.00
$59.37
$50.00
$148
$100
$297
$500
$1,484
$1,000
$2,969
$5,000
$14,843
$10,000
$29,686
$100,000
$296,865
$1,000,000
$2,968,647
Inflation by spending category, 1977–2002
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1977 spending costs in 2002, by category:
Category
Avg. yearly inflation
$100 in 1977 →
All items (CPI-U)
4.45%
$297
Medical care
6.66%
$501
Housing
4.68%
$314
Core (all items less food & energy)
4.66%
$312
Food
4.04%
$269
Transportation
3.88%
$259
Energy
3.67%
$246
Apparel
1.84%
$158
Not shown because the BLS began these indexes after 1977: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1977 to 2002: $100 is worth $297 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1977-to-2002/
APA: InflationCalculator.com. Inflation from 1977 to 2002. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1977-to-2002/