Between 1958 and 1987, the Consumer Price Index went from 28.9 to 113.6.
Cumulatively, prices increased 293.1%, which works out to an average of
4.83% per year. Put differently, a dollar in 1958 bought what
$0.25 buys in 1987.
Common amounts: 1958 dollars in 1987
Amount in 1958
Value in 1987
$1.00
$3.93
$5.00
$19.65
$10.00
$39.31
$20.00
$78.62
$50.00
$197
$100
$393
$500
$1,965
$1,000
$3,931
$5,000
$19,654
$10,000
$39,308
$100,000
$393,080
$1,000,000
$3,930,796
Inflation by spending category, 1958–1987
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1958 spending costs in 1987, by category:
Category
Avg. yearly inflation
$100 in 1958 →
All items (CPI-U)
4.83%
$393
Medical care
6.56%
$632
Energy
5.00%
$412
Core (all items less food & energy)
4.89%
$399
Food
4.67%
$376
Transportation
4.60%
$369
Apparel
3.18%
$248
Not shown because the BLS began these indexes after 1958: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1958 to 1987: $100 is worth $393 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1958-to-1987/
APA: InflationCalculator.com. Inflation from 1958 to 1987. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1958-to-1987/