Between 1954 and 1987, the Consumer Price Index went from 26.9 to 113.6.
Cumulatively, prices increased 322.3%, which works out to an average of
4.46% per year. Put differently, a dollar in 1954 bought what
$0.24 buys in 1987.
Common amounts: 1954 dollars in 1987
Amount in 1954
Value in 1987
$1.00
$4.22
$5.00
$21.12
$10.00
$42.23
$20.00
$84.46
$50.00
$211
$100
$422
$500
$2,112
$1,000
$4,223
$5,000
$21,115
$10,000
$42,230
$100,000
$422,305
$1,000,000
$4,223,048
Inflation by spending category, 1954–1987
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1954 spending costs in 1987, by category:
Category
Avg. yearly inflation
$100 in 1954 →
All items (CPI-U)
4.46%
$422
Medical care
6.21%
$731
Transportation
4.32%
$404
Food
4.31%
$402
Apparel
2.90%
$257
Not shown because the BLS began these indexes after 1954: 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 1954 to 1987: $100 is worth $422 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1954-to-1987/
APA: InflationCalculator.com. Inflation from 1954 to 1987. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1954-to-1987/