Between 1978 and 2016, the Consumer Price Index went from 65.2 to 240.007.
Cumulatively, prices increased 268.1%, which works out to an average of
3.49% per year. Put differently, a dollar in 1978 bought what
$0.27 buys in 2016.
Common amounts: 1978 dollars in 2016
Amount in 1978
Value in 2016
$1.00
$3.68
$5.00
$18.41
$10.00
$36.81
$20.00
$73.62
$50.00
$184
$100
$368
$500
$1,841
$1,000
$3,681
$5,000
$18,405
$10,000
$36,811
$100,000
$368,109
$1,000,000
$3,681,089
Inflation by spending category, 1978–2016
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1978 spending costs in 2016, by category:
Category
Avg. yearly inflation
$100 in 1978 →
All items (CPI-U)
3.49%
$368
Medical care
5.45%
$750
Housing
3.65%
$391
Core (all items less food & energy)
3.56%
$378
Energy
3.44%
$361
Food
3.31%
$344
Transportation
3.07%
$316
Apparel
1.16%
$155
Not shown because the BLS began these indexes after 1978: recreation (1993–), education & communication (1993–).
Long periods are sampled every 2 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1978 to 2016: $100 is worth $368 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1978-to-2016/
APA: InflationCalculator.com. Inflation from 1978 to 2016. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1978-to-2016/