Between 1944 and 1987, the Consumer Price Index went from 17.6 to 113.6.
Cumulatively, prices increased 545.5%, which works out to an average of
4.43% per year. Put differently, a dollar in 1944 bought what
$0.15 buys in 1987.
Common amounts: 1944 dollars in 1987
Amount in 1944
Value in 1987
$1.00
$6.45
$5.00
$32.27
$10.00
$64.55
$20.00
$129
$50.00
$323
$100
$645
$500
$3,227
$1,000
$6,455
$5,000
$32,273
$10,000
$64,545
$100,000
$645,455
$1,000,000
$6,454,545
Inflation by spending category, 1944–1987
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1944 spending costs in 1987, by category:
Category
Avg. yearly inflation
$100 in 1944 →
All items (CPI-U)
4.43%
$645
Medical care
5.78%
$1,122
Food
4.53%
$672
Transportation
4.50%
$663
Apparel
3.10%
$371
Not shown because the BLS began these indexes after 1944: core (all items less food & energy) (1957–), energy (1957–), housing (1967–), recreation (1993–), education & communication (1993–).
Long periods are sampled every 2 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1944 to 1987: $100 is worth $645 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1944-to-1987/
APA: InflationCalculator.com. Inflation from 1944 to 1987. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1944-to-1987/