U.S. inflation rate in 1987: 3.65%

Inflation Calculator

$

Inflation since 1987 and its effect on dollar value

The consumer price index (CPI) in 1987 was 113.6. It was 109.6 in the previous year. This change in CPI is used by the Bureau of Labor Statistics to calculate inflation.

According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 2.60% per year. Prices in 2018 are 121.5% higher than prices in 1987.

In other words, $100 in 1987 is equivalent in purchasing power to $221.47 in 2018, a difference of $121.47 over 31 years.

The current inflation rate is now 2.80%1. If this number holds, $100 today will be equivalent to $102.80 next year. The current inflation rate page gives more detail on the latest official inflation rates.

Inflation from 1987 to 2018
Cumulative price change 121.47%
Average inflation rate 2.60%
Converted amount ($100 base) $221.47
Price difference ($100 base) $121.47
CPI in 1987 113.6
CPI in 2018 251.59


U.S. inflation from 1913 to 2018


Inflation rates for specific categories

Housing · Bread · Admission to sporting events · More

Inflation-adjusted measures

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

How to calculate the inflation rate for $100 since 1987

This inflation calculator uses the following inflation rate formula:

CPI in 2018 / CPI in 1987 * 1987 USD value = 2018 USD value

Then plug in historical CPI values. The U.S. CPI was 113.6 in the year 1987 and 251.59 in 2018:

251.59 / 113.6 * $100 = $221.47

$100 in 1987 has the same "purchasing power" or "buying power" as $221.47 in 2018.


Here are calculations of buying power over time for $100 in 1987 (price index tracking began in 1913). Each of these USD amounts below is equivalent in terms of what it could buy at the time:
Year USD Value Inflation Rate
1987 $100.00 3.65%
1988 $104.14 4.14%
1989 $109.15 4.82%
1990 $115.05 5.40%
1991 $119.89 4.21%
1992 $123.50 3.01%
1993 $127.20 2.99%
1994 $130.46 2.56%
1995 $134.15 2.83%
1996 $138.12 2.95%
1997 $141.29 2.29%
1998 $143.49 1.56%
1999 $146.65 2.21%
2000 $151.58 3.36%
2001 $155.90 2.85%
2002 $158.36 1.58%
2003 $161.97 2.28%
2004 $166.29 2.66%
2005 $171.92 3.39%
2006 $177.46 3.23%
2007 $182.52 2.85%
2008 $189.53 3.84%
2009 $188.85 -0.36%
2010 $191.95 1.64%
2011 $198.01 3.16%
2012 $202.11 2.07%
2013 $205.07 1.46%
2014 $208.39 1.62%
2015 $208.64 0.12%
2016 $211.27 1.26%
2017 $215.48 1.99%
2018 $221.47 2.78%*
* Not final. See inflation summary for latest details.

News headlines from 1987

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

  • New Zealand becomes the only nation to legislate against nuclear power, when their Labour government legislates against nuclear weapons and nuclear powered vessels.
  • Margaret Thatcher becomes the first British PM in 160 years to win a third consecutive term in office.
  • The Dow Jones stock index falls by 508.32 points, the event is later known as Black Monday.

Inflation Data Source

Raw data for these calculations comes from the Bureau of Labor Statistics' (CPI), established in 1913. Inflation data from 1665 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University.

You may use the following MLA citation for this page: “Inflation Rate in 1987 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 22 Jun. 2018, https://www.officialdata.org/inflation-rate-in-1987.


» Read more about inflation.