1.68× price rise
Average US inflation: 6.70% a year over 8 years. Prices did not double in this span. Highest year: 1974 (11.0%). Lowest: 1972 (3.3%).
| 1970 | in 1978 | 1978 amount in 1970 money |
|---|---|---|
| $1 | $1.68 | $0.60 |
| $10 | $16.80 | $5.95 |
| $100 | $167.97 | $59.54 |
| $1,000 | $1,679.68 | $595.35 |
| $10,000 | $16,796.82 | $5,953.51 |
| $100,000 | $167,968.25 | $59,535.06 |
| Year | Value | Inflation |
|---|---|---|
| 1970 | $100.00 | |
| 1971 | $104.23 | 4.2% |
| 1972 | $107.64 | 3.3% |
| 1973 | $114.37 | 6.3% |
| 1974 | $126.97 | 11.0% |
| 1975 | $138.58 | 9.1% |
| 1976 | $146.58 | 5.8% |
| 1977 | $156.06 | 6.5% |
| 1978 | $167.97 | 7.6% |
1970–1977 · 1970–1979 · All years
$100 in 1970 had about the same buying power as $167.97 in 1978, based on US consumer price index data.
About 6.70% per year, compounding to a 68.0% total rise in prices over 8 years.
1974 saw the largest annual rise in the index (11.0%); the lowest was 1972 (3.3%).