Between 1949 and 1987, the Consumer Price Index went from 23.8 to 113.6.
Cumulatively, prices increased 377.3%, which works out to an average of
4.20% per year. Put differently, a dollar in 1949 bought what
$0.21 buys in 1987.
Common amounts: 1949 dollars in 1987
Amount in 1949
Value in 1987
$1.00
$4.77
$5.00
$23.87
$10.00
$47.73
$20.00
$95.46
$50.00
$239
$100
$477
$500
$2,387
$1,000
$4,773
$5,000
$23,866
$10,000
$47,731
$100,000
$477,311
$1,000,000
$4,773,109
Inflation by spending category, 1949–1987
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1949 spending costs in 1987, by category:
Category
Avg. yearly inflation
$100 in 1949 →
All items (CPI-U)
4.20%
$477
Medical care
5.89%
$879
Transportation
4.20%
$477
Food
4.06%
$454
Apparel
2.66%
$271
Not shown because the BLS began these indexes after 1949: 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 1949 to 1987: $100 is worth $477 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1949-to-1987/
APA: InflationCalculator.com. Inflation from 1949 to 1987. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1949-to-1987/