1977 $5 Bill

1977 $5 Federal Reserve Note Value - How much is 1977 $5 Bill Worth? PaperMoneyWanted.com appraises and buys your old paper money and Five Dollar Notes. Submit your note for an offer. An example of 'Spocking' using a portrait of Laurier from 1907, a similar portrait to the one used on the Canadian Journey Series $5-bill. For years, Canadians have been known to deface certain editions of the five-dollar note by using ink pens to alter Laurier's features to resemble Spock, the Star Trek character portrayed by Leonard Nimoy. The United States five-dollar bill ($5) is a denomination of United States currency. The current $5 bill features the 16th U.S. President (1861-65), Abraham Lincoln's portrait on the front and the Lincoln Memorial on the back. All $5 bills issued today are Federal Reserve Notes. The $5 bill is sometimes nicknamed a 'fin'.

Why a dollar today is worth only 23% of a dollar in 1977

Updated: November 12, 2020

According to the Bureau of Labor Statistics consumer price index, today's prices in 2020 are329.68% higher thanaverage prices since 1977.This means that a dollar today only buys 23.27% of what it could buy in 1977.The U.S. dollar experienced an average inflation rate of 3.45% per year during this period, causing the real value of a dollar to decrease.

Bill

In other words, $100 in 1977 is equivalent in purchasing power to about $429.68 in 2020, a difference of $329.68 over 43 years.

The 1977 inflation rate was 6.50%. The current year-over-year inflation rate (2019 to 2020) is now 1.18%1.If this number holds, $100 today will be equivalent in buying power to $101.18 next year.The current inflation rate page gives more detail on the latest official inflation rates.

Inflation from 1977 to 2020
Cumulative price change329.68%
Average inflation rate3.45%
Converted amount ($100 base)$429.68
Price difference ($100 base)$329.68
CPI in 197760.600
CPI in 2020260.388
Inflation in 19776.50%
Inflation in 20201.18%
Annual Rate, the Bureau of Labor Statistics CPI
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Buying power of $100 in 1977

This chart shows a calculation of buying power equivalence for $100 in 1977 (price index tracking began in 1635).

For example, if you started with $100, you would need to end with $429.68 in order to 'adjust' for inflation (sometimes refered to as 'beating inflation').

When $100 is equivalent to $429.68 over time, that means that the 'real value' of a single U.S. dollar decreases over time. In other words, a dollar will pay for fewer items at the store.

This effect explains how inflation erodes the value of a dollar over time. By calculating the value in 1977 dollars, the chart below shows how $100 is worth less over 43 years.

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According to the Bureau of Labor Statistics, each of these USD amounts below is equal in terms of what it could buy at the time: Vertex ce27 software download.

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Dollar inflation: 1977-2020
YearDollar ValueInflation Rate
1977$100.006.50%
1978$107.597.59%
1979$119.8011.35%
1980$135.9713.50%
1981$150.0010.32%
1982$159.246.16%
1983$164.363.21%
1984$171.454.32%
1985$177.563.56%
1986$180.861.86%
1987$187.463.65%
1988$195.214.14%
1989$204.624.82%
1990$215.685.40%
1991$224.754.21%
1992$231.523.01%
1993$238.452.99%
1994$244.552.56%
1995$251.492.83%
1996$258.912.95%
1997$264.852.29%
1998$268.981.56%
1999$274.922.21%
2000$284.163.36%
2001$292.242.85%
2002$296.861.58%
2003$303.632.28%
2004$311.722.66%
2005$322.283.39%
2006$332.673.23%
2007$342.152.85%
2008$355.293.84%
2009$354.02-0.36%
2010$359.831.64%
2011$371.193.16%
2012$378.872.07%
2013$384.421.46%
2014$390.651.62%
2015$391.120.12%
2016$396.051.26%
2017$404.492.13%
2018$414.572.49%
2019$421.881.76%
2020$429.681.85%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

This conversion table shows various other 1977 amounts in today's dollars, based on the 329.68% change in prices:

Conversion Table: Value of a dollar today
Initial valueEquivalent value
$1dollarin 1977$4.30dollarstoday
$5dollarsin 1977$21.48dollarstoday
$10dollarsin 1977$42.97dollarstoday
$50dollarsin 1977$214.84dollarstoday
$100dollarsin 1977$429.68dollarstoday
$500dollarsin 1977$2,148.42dollarstoday
$1,000dollarsin 1977$4,296.83dollarstoday
$5,000dollarsin 1977$21,484.16dollarstoday
$10,000dollarsin 1977$42,968.32dollarstoday
$50,000dollarsin 1977$214,841.58dollarstoday
$100,000dollarsin 1977$429,683.17dollarstoday
$500,000dollars in 1977$2,148,415.84dollarstoday
$1,000,000dollarsin 1977$4,296,831.68dollarstoday

Inflation by City

Inflation can vary widely by city, even within the United States. Here's how some cities fared in 1977 to 2020 (figures shown are purchasing power equivalents of $100):

  • San Francisco, California: 3.88% average rate, $100 → $512.94, cumulative change of 412.94%
  • Seattle, Washington: 3.75% average rate, $100 → $487.65, cumulative change of 387.65%
  • Boston, Massachusetts: 3.57% average rate, $100 → $451.77, cumulative change of 351.77%
  • New York: 3.51% average rate, $100 → $440.63, cumulative change of 340.63%
  • Dallas-Fort Worth, Texas: 3.38% average rate, $100 → $417.93, cumulative change of 317.93%
  • Atlanta, Georgia: 3.37% average rate, $100 → $415.31, cumulative change of 315.31%
  • Chicago, Illinois: 3.36% average rate, $100 → $414.97, cumulative change of 314.97%
  • Philadelphia, Pennsylvania: 3.32% average rate, $100 → $406.90, cumulative change of 306.90%
  • Detroit, Michigan: 3.22% average rate, $100 → $390.89, cumulative change of 290.89%
  • Houston, Texas: 3.20% average rate, $100 → $388.04, cumulative change of 288.04%

San Francisco, California experienced the highest rate of inflation during the 43 years between 1977 and 2020 (3.88%).

Astro vision sinhala software free download for pc. Houston, Texas experienced the lowest rate of inflation during the 43 years between 1977 and 2020 (3.20%).

Note that some locations showing 0% inflation may have not yet reported latest data.

Inflation by Country

Inflation can also vary widely by country. For comparison, in the UK £100.00 in 1977 would be equivalent to £625.41 in 2020, an absolute change of £525.41 and a cumulative change of 525.41%.

1977 $5 Bill Worth

In Canada, CA$100.00 in 1977 would be equivalent to CA$390.83 in 2020, an absolute change of CA$290.83 and a cumulative change of 290.83%.

Compare these numbers to the US's overall absolute change of $329.68 and total percent change of 329.68%.

Inflation by Spending Category

CPI is the weighted combination of many categories of spending that are tracked by the government. Breaking down these categories helps explain the main drivers behind price changes. This chart shows the average rate of inflation for select CPI categories between 1977 and 2020.

Compare these values to the overall average of 3.45% per year:

CategoryAvg Inflation (%)Total Inflation (%)$100 in 1977 → 2020
Food and beverages3.30304.60404.60
Housing3.68372.60472.60
Apparel0.9650.86150.86
Transportation2.89240.79340.79
Medical care5.27810.24910.24
Recreation1.1060.06160.06
Education and communication1.84119.30219.30
Other goods and services4.85664.89764.89

The graph below compares inflation in categories of goods over time. Click on a category such as 'Food' to toggle it on or off:

For all these visualizations, it's important to note that not all categories may have been tracked since 1977. This table and charts use the earliest available data for each category.

Inflation rates of specific categories

Medical Care· Housing· Rent· Food· More

Inflation-adjusted measures

S&P 500 price·S&P 500 earnings·Shiller P/E

How to Calculate Inflation Rate for $100 since 1977

Our calculations use the following inflation rate formula to calculate the change in value between 1977 and today:

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Then plug in historical CPI values. The U.S. CPI was 60.6 in the year 1977 and 260.388 in 2020:

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$100 in 1977 has the same 'purchasing power' or 'buying power' as $429.68 in 2020.

To get the total inflation rate for the 43 years between 1977 and 2020, we use the following formula:

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Plugging in the values to this equation, we get:

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Alternate Measurements of Inflation

The above data describe the CPI for all items. Also of note is the Core CPI, which measures inflation for all items except for the more volatile categories of food and energy.Core inflation averaged 3.50% per year between 1977 and 2020 (vs all-CPI inflation of 3.45%), for an inflation total of 338.13%.

When using the core inflation measurement, $100 in 1977 is equivalent in buying power to $438.13 in 2020, a difference of $338.13. Recall that for All Items, the converted amount is $429.68 with a difference of $329.68.

In 1977, core inflation was 6.26%.

Comparison to S&P 500 Index

The average inflation rate of 3.45% has a compounding effect between 1977 and 2020. As noted above, this yearly inflation rate compounds to produce an overall price difference of 329.68% over 43 years.

To help put this inflation into perspective, if we had invested $100 in the S&P 500 index in 1977, our investment would be nominally worth approximately $11,027.56 in 2020. This is a return on investment of 10,927.56%, with an absolute return of $10,927.56 on top of the original $100.

These numbers are not inflation adjusted, so they are considered nominal. In order to evaluate the real return on our investment, we must calculate the return with inflation taken into account.

The compounding effect of inflation would account for 76.73% of returns ($8,461.12) during this period. This means the inflation-adjusted real return of our $100 investment is $2,466.44. You may also want to account for capital gains tax, which would take your real return down to around $2,096 for most people.

Investment in S&P 500 Index, 1977-2020
Original AmountFinal AmountChange
Nominal$100$11,027.5610,927.56%
Real
Inflation Adjusted
$100$2,566.442,466.44%

Information displayed above may differ slightly from other S&P 500 calculators. Minor discrepancies can occur because we use the latest CPI data for inflation, annualized inflation numbers for previous years, and we compute S&P price and dividends from January of 1977 to latest available data for 2020 using average monthly close price.

For more details on the S&P 500 between 1977 and 2020, see the stock market returns calculator.

News headlines from 1977

Politics and news often influence economic performance. Here's what was happening at the time:

  • Apple Computer incorperated by Steve Jobs, Steve Wozniak, and Ronald Wayne.
  • The Hindu Kubh Mela gathered 15,000,000 people, making it (at the time) the biggest crowd gathering in history.
  • First Apple II computers are shipped.
  • The last Guillotine execution was performed on Hamida Djandoubi, convicted torturer and murderer.

Raw data for these calculations comes fromthe Bureau of Labor Statistics'Consumer Price Index(CPI), established in 1913. Inflation data from 1665 to1912 is sourced from a historical study conducted by political scienceprofessor Robert Sahr at Oregon State University.

You may use the following MLA citation for this page:“Value of 1977 dollars today | Inflation Calculator.” Official Inflation Data, Alioth Finance, 5 Dec. 2020, https://www.officialdata.org/us/inflation/1977.

Special thanks to QuickChart for their chart image API, which is used for chart downloads.

in2013dollars.com is a reference website maintained by the Official Data Foundation.

Other resources:

These pages list the serial number ranges used for each series and denomination ofU.S. currency.

Summary$1$2$5$10$20$50$100
SeriesDenomination
2017A$1$2$5$10$20$50$100
2017$1--$10$20--
2013$1$2$5$10$20$50$100
2009A------$100
2009$1$2$5$10$20$50$100
2006A------$100
2006$1-$10$20$50$100
2004A---$10$20$50-
2003A$1$2$5---$100
2004----$20$50-
2003$1$2$5$10--$100
2001$1-$5$10$20$50$100
1999$1-$5$10$20-$100
1996----$20$50$100
1995$1$2$5$10$20--
1993$1-$5$10$20$50$100
1990---$10$20$50$100
1988A$1-$5$10$20--
1988$1-$5--$50$100
1985$1-$5$10$20$50$100
1981A$1-$5$10$20$50$100
1981$1-$5$10$20$50$100
1977A$1-$5$10---
1977$1-$5$10$20$50$100
1976-$2-----
1974$1-$5$10$20$50$100

1977 5 Dollar Bill With Star

The summary pages give an overview of the serial ranges printed for eachdenomination, starting with Series 1928. The individual series pages go into moredetail on block ending numbers, gaps in the numbering, and star note serial ranges.For the more recent series, they also break down the serial ranges by month ofproduction; this information is only available back to December 1973 at present (and is fragmentary prior to August 1976), but I may extend the monthly tables farther back if I can ever find the additional data. Meanwhile, I'm just keeping them up to date as each month's production figures are announced by the BEP.

Latest update: August 2020 production data added, 09/20/20.

Other pages related to serial numbering:

  • How to read the monthly production tables.
  • Serial number summary tables for obsolete high-denomination notes, from $500 to $100,000.
  • Block and group lists for the more recent series.
  • A somewhat technical page on the details of serial numbering systems.
  • Partial data on the serial numbers of the uncutsheets and other special collector offerings sold by the BEP.
  • Serial number ranges for the web press notesthat the BEP was printing a number of years ago.
  • Partial data on the serial ranges for the SOI $20 notes in Series 2006 through 2013.
  • Partial data on the serial ranges for the LEPE vs. COPE $2 notes in Series 2013.
  • An explanation of the earlier differences between COPE and conventional overprinting.

1977 5 Dollar Bill Counterfeit

I'm conducting a survey of older-series star notes, in order to try to pin down some precise serial number ranges that don't seem to have been recorded by the BEP. If you have any stars from Series 1935D through Series 1974, please check the survey page to see if any of your notes fallinto still-unreported ranges. Thanks! :)

1977 5 Dollar Bill G Series

Comments? Questions? Caught a typo? You can email me here.

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