Between 1987 and 2024, the Consumer Price Index went from 113.6 to 313.689.
Cumulatively, prices increased 176.1%, which works out to an average of
2.78% per year. Put differently, a dollar in 1987 bought what
$0.36 buys in 2024.
Common amounts: 1987 dollars in 2024
Amount in 1987
Value in 2024
$1.00
$2.76
$5.00
$13.81
$10.00
$27.61
$20.00
$55.23
$50.00
$138
$100
$276
$500
$1,381
$1,000
$2,761
$5,000
$13,807
$10,000
$27,613
$100,000
$276,135
$1,000,000
$2,761,347
Inflation by spending category, 1987–2024
The headline number is an average. Individual categories moved very differently over this
period. Here is what $100 of 1987 spending costs in 2024, by category:
Category
Avg. yearly inflation
$100 in 1987 →
All items (CPI-U)
2.78%
$276
Medical care
4.04%
$433
Energy
3.15%
$316
Housing
2.94%
$293
Food
2.93%
$291
Core (all items less food & energy)
2.72%
$270
Transportation
2.58%
$257
Apparel
0.47%
$119
Not shown because the BLS began these indexes after 1987: recreation (1993–), education & communication (1993–).
Long periods are sampled every 2 years; the calculator above covers any pair of years.
Cite this page
MLA: “Inflation from 1987 to 2024: $100 is worth $276 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/1987-to-2024/
APA: InflationCalculator.com. Inflation from 1987 to 2024. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/1987-to-2024/