Between 1977 and 2022, the Consumer Price Index went from 60.6 to 292.655.
Cumulatively, prices increased 382.9%, which works out to an average of
3.56% per year. Put differently, a dollar in 1977 bought what
$0.21 buys in 2022.
Common amounts: 1977 dollars in 2022
Amount in 1977
Value in 2022
$1.00
$4.83
$5.00
$24.15
$10.00
$48.29
$20.00
$96.59
$50.00
$241
$100
$483
$500
$2,415
$1,000
$4,829
$5,000
$24,146
$10,000
$48,293
$100,000
$482,929
$1,000,000
$4,829,290
Inflation by spending category, 1977–2022
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1977 spending costs in 2022, by category:
Category
Avg. yearly inflation
$100 in 1977 →
All items (CPI-U)
3.56%
$483
Medical care
5.15%
$959
Energy
4.08%
$604
Housing
3.75%
$524
Core (all items less food & energy)
3.56%
$482
Food
3.48%
$466
Transportation
3.41%
$451
Apparel
1.07%
$162
Not shown because the BLS began these indexes after 1977: 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 1977 to 2022: $100 is worth $483 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1977-to-2022/
APA: InflationCalculator.com. Inflation from 1977 to 2022. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1977-to-2022/