Between 1968 and 1987, the Consumer Price Index went from 34.8 to 113.6.
Cumulatively, prices increased 226.4%, which works out to an average of
6.42% per year. Put differently, a dollar in 1968 bought what
$0.31 buys in 1987.
Common amounts: 1968 dollars in 1987
Amount in 1968
Value in 1987
$1.00
$3.26
$5.00
$16.32
$10.00
$32.64
$20.00
$65.29
$50.00
$163
$100
$326
$500
$1,632
$1,000
$3,264
$5,000
$16,322
$10,000
$32,644
$100,000
$326,437
$1,000,000
$3,264,368
Inflation by spending category, 1968–1987
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1968 spending costs in 1987, by category:
Category
Avg. yearly inflation
$100 in 1968 →
All items (CPI-U)
6.42%
$326
Medical care
8.05%
$435
Energy
7.07%
$366
Housing
6.93%
$357
Core (all items less food & energy)
6.41%
$326
Food
6.34%
$322
Transportation
6.09%
$307
Apparel
3.88%
$206
Not shown because the BLS began these indexes after 1968: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1968 to 1987: $100 is worth $326 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1968-to-1987/
APA: InflationCalculator.com. Inflation from 1968 to 1987. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1968-to-1987/