Between 1951 and 1987, the Consumer Price Index went from 26 to 113.6.
Cumulatively, prices increased 336.9%, which works out to an average of
4.18% per year. Put differently, a dollar in 1951 bought what
$0.23 buys in 1987.
Common amounts: 1951 dollars in 1987
Amount in 1951
Value in 1987
$1.00
$4.37
$5.00
$21.85
$10.00
$43.69
$20.00
$87.38
$50.00
$218
$100
$437
$500
$2,185
$1,000
$4,369
$5,000
$21,846
$10,000
$43,692
$100,000
$436,923
$1,000,000
$4,369,231
Inflation by spending category, 1951–1987
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1951 spending costs in 1987, by category:
Category
Avg. yearly inflation
$100 in 1951 →
All items (CPI-U)
4.18%
$437
Medical care
6.01%
$818
Transportation
4.18%
$437
Food
3.94%
$402
Apparel
2.60%
$252
Not shown because the BLS began these indexes after 1951: 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 1951 to 1987: $100 is worth $437 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1951-to-1987/
APA: InflationCalculator.com. Inflation from 1951 to 1987. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1951-to-1987/