Between 1916 and 1987, the Consumer Price Index went from 10.9 to 113.6.
Cumulatively, prices increased 942.2%, which works out to an average of
3.36% per year. Put differently, a dollar in 1916 bought what
$0.10 buys in 1987.
Common amounts: 1916 dollars in 1987
Amount in 1916
Value in 1987
$1.00
$10.42
$5.00
$52.11
$10.00
$104
$20.00
$208
$50.00
$521
$100
$1,042
$500
$5,211
$1,000
$10,422
$5,000
$52,110
$10,000
$104,220
$100,000
$1,042,202
$1,000,000
$10,422,018
Inflation by spending category, 1916–1987
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1916 spending costs in 1987, by category:
Category
Avg. yearly inflation
$100 in 1916 →
All items (CPI-U)
3.36%
$1,042
Food
3.30%
$1,004
Apparel
2.69%
$658
Not shown because the BLS began these indexes after 1916: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), medical care (1935–), transportation (1935–), recreation (1993–), education & communication (1993–).
Long periods are sampled every 5 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1916 to 1987: $100 is worth $1,042 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1916-to-1987/
APA: InflationCalculator.com. Inflation from 1916 to 1987. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1916-to-1987/