1.61× price rise
Average US inflation: 7.06% a year over 7 years. Prices did not double in this span. Highest year: 1974 (11.0%). Lowest: 1972 (3.3%).
| 1971 | in 1978 | 1978 amount in 1971 money |
|---|---|---|
| $1 | $1.61 | $0.62 |
| $10 | $16.12 | $6.21 |
| $100 | $161.16 | $62.05 |
| $1,000 | $1,611.57 | $620.51 |
| $10,000 | $16,115.69 | $6,205.13 |
| $100,000 | $161,156.85 | $62,051.35 |
| Year | Value | Inflation |
|---|---|---|
| 1971 | $100.00 | |
| 1972 | $103.27 | 3.3% |
| 1973 | $109.74 | 6.3% |
| 1974 | $121.82 | 11.0% |
| 1975 | $132.96 | 9.1% |
| 1976 | $140.63 | 5.8% |
| 1977 | $149.73 | 6.5% |
| 1978 | $161.16 | 7.6% |
1971–1977 · 1971–1979 · All years
$100 in 1971 had about the same buying power as $161.16 in 1978, based on US consumer price index data.
About 7.06% per year, compounding to a 61.2% total rise in prices over 7 years.
1974 saw the largest annual rise in the index (11.0%); the lowest was 1972 (3.3%).