Between 1967 and 1987, the Consumer Price Index went from 33.4 to 113.6.
Cumulatively, prices increased 240.1%, which works out to an average of
6.31% per year. Put differently, a dollar in 1967 bought what
$0.29 buys in 1987.
Common amounts: 1967 dollars in 1987
Amount in 1967
Value in 1987
$1.00
$3.40
$5.00
$17.01
$10.00
$34.01
$20.00
$68.02
$50.00
$170
$100
$340
$500
$1,701
$1,000
$3,401
$5,000
$17,006
$10,000
$34,012
$100,000
$340,120
$1,000,000
$3,401,198
Inflation by spending category, 1967–1987
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1967 spending costs in 1987, by category:
Category
Avg. yearly inflation
$100 in 1967 →
All items (CPI-U)
6.31%
$340
Medical care
7.94%
$461
Energy
6.79%
$372
Housing
6.77%
$371
Core (all items less food & energy)
6.32%
$341
Food
6.20%
$333
Transportation
5.93%
$317
Apparel
3.95%
$217
Not shown because the BLS began these indexes after 1967: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1967 to 1987: $100 is worth $340 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1967-to-1987/
APA: InflationCalculator.com. Inflation from 1967 to 1987. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1967-to-1987/