Between 1987 and 1997, the Consumer Price Index went from 113.6 to 160.5.
Cumulatively, prices increased 41.3%, which works out to an average of
3.52% per year. Put differently, a dollar in 1987 bought what
$0.71 buys in 1997.
Common amounts: 1987 dollars in 1997
Amount in 1987
Value in 1997
$1.00
$1.41
$5.00
$7.06
$10.00
$14.13
$20.00
$28.26
$50.00
$70.64
$100
$141
$500
$706
$1,000
$1,413
$5,000
$7,064
$10,000
$14,129
$100,000
$141,285
$1,000,000
$1,412,852
Inflation by spending category, 1987–1997
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1987 spending costs in 1997, by category:
Category
Avg. yearly inflation
$100 in 1987 →
All items (CPI-U)
3.52%
$141
Medical care
6.07%
$180
Core (all items less food & energy)
3.67%
$143
Food
3.32%
$139
Housing
3.22%
$137
Transportation
3.19%
$137
Energy
2.33%
$126
Apparel
1.85%
$120
Not shown because the BLS began these indexes after 1987: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1987 to 1997: $100 is worth $141 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1987-to-1997/
APA: InflationCalculator.com. Inflation from 1987 to 1997. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1987-to-1997/