Between 1983 and 1987, the Consumer Price Index went from 99.6 to 113.6.
Cumulatively, prices increased 14.1%, which works out to an average of
3.34% per year. Put differently, a dollar in 1983 bought what
$0.88 buys in 1987.
Common amounts: 1983 dollars in 1987
Amount in 1983
Value in 1987
$1.00
$1.14
$5.00
$5.70
$10.00
$11.41
$20.00
$22.81
$50.00
$57.03
$100
$114
$500
$570
$1,000
$1,141
$5,000
$5,703
$10,000
$11,406
$100,000
$114,056
$1,000,000
$1,140,562
Inflation by spending category, 1983–1987
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1983 spending costs in 1987, by category:
Category
Avg. yearly inflation
$100 in 1983 →
All items (CPI-U)
3.34%
$114
Medical care
6.64%
$129
Core (all items less food & energy)
4.37%
$119
Housing
3.50%
$115
Food
3.37%
$114
Apparel
2.50%
$110
Transportation
1.50%
$106
Energy
-2.96%
$88.69
Not shown because the BLS began these indexes after 1983: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1983 to 1987: $100 is worth $114 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1983-to-1987/
APA: InflationCalculator.com. Inflation from 1983 to 1987. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1983-to-1987/