U.S. inflation · 1987–1988
$100 in 1987 has the same buying power as
$104
in 1988
| Cumulative price change | 4.1% |
|---|---|
| Average inflation rate | 4.14% per year |
| Converted amount ($100 base) | $104 |
| Price difference ($100 base) | $4.14 |
| CPI in 1987 | 113.6 |
| CPI in 1988 | 118.3 |
| Inflation in 1987 | 3.65% |
| Inflation in 1988 | 4.14% |
| $100 in 1987 → 1988 | $104 |
| $100 in 1988 → 1987 | $96.03 |
Between 1987 and 1988, the Consumer Price Index went from 113.6 to 118.3. Cumulatively, prices increased 4.1%, which works out to an average of 4.14% per year. Put differently, a dollar in 1987 bought what $0.96 buys in 1988.
| Amount in 1987 | Value in 1988 |
|---|---|
| $1.00 | $1.04 |
| $5.00 | $5.21 |
| $10.00 | $10.41 |
| $20.00 | $20.83 |
| $50.00 | $52.07 |
| $100 | $104 |
| $500 | $521 |
| $1,000 | $1,041 |
| $5,000 | $5,207 |
| $10,000 | $10,414 |
| $100,000 | $104,137 |
| $1,000,000 | $1,041,373 |
The headline number is an average. Individual categories moved very differently over this period. Here is what $100 of 1987 spending costs in 1988, by category:
| Category | Avg. yearly inflation | $100 in 1987 → |
|---|---|---|
| All items (CPI-U) | 4.14% | $104 |
| Medical care | 6.53% | $107 |
| Core (all items less food & energy) | 4.40% | $104 |
| Apparel | 4.34% | $104 |
| Food | 4.14% | $104 |
| Housing | 3.77% | $104 |
| Transportation | 3.13% | $103 |
| Energy | 0.79% | $101 |
Not shown because the BLS began these indexes after 1987: recreation (1993–), education & communication (1993–).
| Year | CPI | Inflation rate | $100 from 1987 |
|---|---|---|---|
| 1987 | 113.6 | 3.6% | $100 |
| 1988 | 118.3 | 4.1% | $104 |
MLA: “Inflation from 1987 to 1988: $100 is worth $104 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1987-to-1988/
APA: InflationCalculator.com. Inflation from 1987 to 1988. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1987-to-1988/
Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.