Between 1987 and 1996, the Consumer Price Index went from 113.6 to 156.9.
Cumulatively, prices increased 38.1%, which works out to an average of
3.65% per year. Put differently, a dollar in 1987 bought what
$0.72 buys in 1996.
Common amounts: 1987 dollars in 1996
Amount in 1987
Value in 1996
$1.00
$1.38
$5.00
$6.91
$10.00
$13.81
$20.00
$27.62
$50.00
$69.06
$100
$138
$500
$691
$1,000
$1,381
$5,000
$6,906
$10,000
$13,812
$100,000
$138,116
$1,000,000
$1,381,162
Inflation by spending category, 1987–1996
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1987 spending costs in 1996, by category:
Category
Avg. yearly inflation
$100 in 1987 →
All items (CPI-U)
3.65%
$138
Medical care
6.44%
$175
Core (all items less food & energy)
3.82%
$140
Transportation
3.45%
$136
Food
3.40%
$135
Housing
3.29%
$134
Energy
2.44%
$124
Apparel
1.96%
$119
Not shown because the BLS began these indexes after 1987: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1987 to 1996: $100 is worth $138 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1987-to-1996/
APA: InflationCalculator.com. Inflation from 1987 to 1996. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1987-to-1996/