Between 1987 and 2003, the Consumer Price Index went from 113.6 to 184.
Cumulatively, prices increased 62.0%, which works out to an average of
3.06% per year. Put differently, a dollar in 1987 bought what
$0.62 buys in 2003.
Common amounts: 1987 dollars in 2003
Amount in 1987
Value in 2003
$1.00
$1.62
$5.00
$8.10
$10.00
$16.20
$20.00
$32.39
$50.00
$80.99
$100
$162
$500
$810
$1,000
$1,620
$5,000
$8,099
$10,000
$16,197
$100,000
$161,972
$1,000,000
$1,619,718
Inflation by spending category, 1987–2003
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1987 spending costs in 2003, by category:
Category
Avg. yearly inflation
$100 in 1987 →
All items (CPI-U)
3.06%
$162
Medical care
5.30%
$228
Core (all items less food & energy)
3.12%
$163
Housing
3.05%
$162
Food
2.92%
$159
Energy
2.74%
$154
Transportation
2.55%
$150
Apparel
0.56%
$109
Not shown because the BLS began these indexes after 1987: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1987 to 2003: $100 is worth $162 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1987-to-2003/
APA: InflationCalculator.com. Inflation from 1987 to 2003. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1987-to-2003/