Between 1974 and 1987, the Consumer Price Index went from 49.3 to 113.6.
Cumulatively, prices increased 130.4%, which works out to an average of
6.63% per year. Put differently, a dollar in 1974 bought what
$0.43 buys in 1987.
Common amounts: 1974 dollars in 1987
Amount in 1974
Value in 1987
$1.00
$2.30
$5.00
$11.52
$10.00
$23.04
$20.00
$46.09
$50.00
$115
$100
$230
$500
$1,152
$1,000
$2,304
$5,000
$11,521
$10,000
$23,043
$100,000
$230,426
$1,000,000
$2,304,260
Inflation by spending category, 1974–1987
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1974 spending costs in 1987, by category:
Category
Avg. yearly inflation
$100 in 1974 →
All items (CPI-U)
6.63%
$230
Medical care
9.01%
$307
Housing
7.28%
$249
Core (all items less food & energy)
6.94%
$239
Energy
6.71%
$233
Transportation
6.62%
$230
Food
5.72%
$206
Apparel
3.65%
$159
Not shown because the BLS began these indexes after 1974: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1974 to 1987: $100 is worth $230 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1974-to-1987/
APA: InflationCalculator.com. Inflation from 1974 to 1987. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1974-to-1987/