Between 1977 and 1987, the Consumer Price Index went from 60.6 to 113.6.
Cumulatively, prices increased 87.5%, which works out to an average of
6.49% per year. Put differently, a dollar in 1977 bought what
$0.53 buys in 1987.
Common amounts: 1977 dollars in 1987
Amount in 1977
Value in 1987
$1.00
$1.87
$5.00
$9.37
$10.00
$18.75
$20.00
$37.49
$50.00
$93.73
$100
$187
$500
$937
$1,000
$1,875
$5,000
$9,373
$10,000
$18,746
$100,000
$187,459
$1,000,000
$1,874,587
Inflation by spending category, 1977–1987
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1977 spending costs in 1987, by category:
Category
Avg. yearly inflation
$100 in 1977 →
All items (CPI-U)
6.49%
$187
Medical care
8.60%
$228
Housing
7.12%
$199
Core (all items less food & energy)
6.84%
$194
Energy
6.02%
$179
Transportation
5.97%
$179
Food
5.65%
$173
Apparel
3.47%
$141
Not shown because the BLS began these indexes after 1977: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1977 to 1987: $100 is worth $187 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1977-to-1987/
APA: InflationCalculator.com. Inflation from 1977 to 1987. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1977-to-1987/