Between 1961 and 1987, the Consumer Price Index went from 29.9 to 113.6.
Cumulatively, prices increased 279.9%, which works out to an average of
5.27% per year. Put differently, a dollar in 1961 bought what
$0.26 buys in 1987.
Common amounts: 1961 dollars in 1987
Amount in 1961
Value in 1987
$1.00
$3.80
$5.00
$19.00
$10.00
$37.99
$20.00
$75.99
$50.00
$190
$100
$380
$500
$1,900
$1,000
$3,799
$5,000
$18,997
$10,000
$37,993
$100,000
$379,933
$1,000,000
$3,799,331
Inflation by spending category, 1961–1987
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1961 spending costs in 1987, by category:
Category
Avg. yearly inflation
$100 in 1961 →
All items (CPI-U)
5.27%
$380
Medical care
6.91%
$568
Energy
5.41%
$394
Core (all items less food & energy)
5.28%
$381
Food
5.20%
$373
Transportation
4.94%
$350
Apparel
3.42%
$240
Not shown because the BLS began these indexes after 1961: housing (1967–), recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1961 to 1987: $100 is worth $380 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1961-to-1987/
APA: InflationCalculator.com. Inflation from 1961 to 1987. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1961-to-1987/