Between 1976 and 1987, the Consumer Price Index went from 56.9 to 113.6.
Cumulatively, prices increased 99.6%, which works out to an average of
6.49% per year. Put differently, a dollar in 1976 bought what
$0.50 buys in 1987.
Common amounts: 1976 dollars in 1987
Amount in 1976
Value in 1987
$1.00
$2.00
$5.00
$9.98
$10.00
$19.96
$20.00
$39.93
$50.00
$99.82
$100
$200
$500
$998
$1,000
$1,996
$5,000
$9,982
$10,000
$19,965
$100,000
$199,649
$1,000,000
$1,996,485
Inflation by spending category, 1976–1987
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1976 spending costs in 1987, by category:
Category
Avg. yearly inflation
$100 in 1976 →
All items (CPI-U)
6.49%
$200
Medical care
8.69%
$250
Housing
7.08%
$212
Core (all items less food & energy)
6.79%
$206
Energy
6.33%
$196
Transportation
6.07%
$191
Food
5.71%
$184
Apparel
3.57%
$147
Not shown because the BLS began these indexes after 1976: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1976 to 1987: $100 is worth $200 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1976-to-1987/
APA: InflationCalculator.com. Inflation from 1976 to 1987. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1976-to-1987/