Between 1978 and 1987, the Consumer Price Index went from 65.2 to 113.6.
Cumulatively, prices increased 74.2%, which works out to an average of
6.36% per year. Put differently, a dollar in 1978 bought what
$0.57 buys in 1987.
Common amounts: 1978 dollars in 1987
Amount in 1978
Value in 1987
$1.00
$1.74
$5.00
$8.71
$10.00
$17.42
$20.00
$34.85
$50.00
$87.12
$100
$174
$500
$871
$1,000
$1,742
$5,000
$8,712
$10,000
$17,423
$100,000
$174,233
$1,000,000
$1,742,331
Inflation by spending category, 1978–1987
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1978 spending costs in 1987, by category:
Category
Avg. yearly inflation
$100 in 1978 →
All items (CPI-U)
6.36%
$174
Medical care
8.62%
$211
Housing
6.95%
$183
Core (all items less food & energy)
6.78%
$180
Transportation
6.13%
$171
Energy
5.99%
$169
Food
5.19%
$158
Apparel
3.46%
$136
Not shown because the BLS began these indexes after 1978: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1978 to 1987: $100 is worth $174 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1978-to-1987/
APA: InflationCalculator.com. Inflation from 1978 to 1987. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1978-to-1987/