Between 1987 and 2008, the Consumer Price Index went from 113.6 to 215.303.
Cumulatively, prices increased 89.5%, which works out to an average of
3.09% per year. Put differently, a dollar in 1987 bought what
$0.53 buys in 2008.
Common amounts: 1987 dollars in 2008
Amount in 1987
Value in 2008
$1.00
$1.90
$5.00
$9.48
$10.00
$18.95
$20.00
$37.91
$50.00
$94.76
$100
$190
$500
$948
$1,000
$1,895
$5,000
$9,476
$10,000
$18,953
$100,000
$189,527
$1,000,000
$1,895,273
Inflation by spending category, 1987–2008
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1987 spending costs in 2008, by category:
Category
Avg. yearly inflation
$100 in 1987 →
All items (CPI-U)
3.09%
$190
Medical care
5.02%
$280
Energy
4.79%
$267
Housing
3.09%
$189
Food
3.07%
$189
Transportation
2.99%
$186
Core (all items less food & energy)
2.90%
$182
Apparel
0.35%
$108
Not shown because the BLS began these indexes after 1987: recreation (1993–), education & communication (1993–).
MLA: “Inflation from 1987 to 2008: $100 is worth $190 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1987-to-2008/
APA: InflationCalculator.com. Inflation from 1987 to 2008. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1987-to-2008/