U.S. inflation rate in 1987: 3.65%

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U.S. Inflation Rate, 1987-2017 ($1)

The consumer price index (CPI) in 1987 was 113.6. the Bureau of Labor Statistics uses this CPI value to track inflation on a monthly basis.

According to the Bureau of Labor Statistics, the dollar experienced an average inflation rate of 2.58% per year. Prices in 2017 are 115.0% higher than prices in 1987.

In other words, $1 in the year 1987 is equivalent to $2.15 in 2017, a difference of $1.15 over 30 years.

The current inflation rate in 2017 is 1.99%1. If this number holds, $1 today will be equivalent to $1.02 next year.

Inflation from 1987 to 2017
Cumulative price change 115.00%
Average inflation rate 2.58%
Price difference ($1 base) $1.15
CPI in 1987 113.6
CPI in 2017 244.786


U.S. inflation from 1913 to 2017


Inflation rates for specific categories

Educational books and supplies · Juices and nonalcoholic drinks · Milk · More

Inflation-adjusted measures

S&P 500 price · S&P 500 earnings · Shiller P/E

How to calculate the inflation rate for $1 since 1987

Start with the inflation rate formula:

CPI in 2017 / CPI in 1987 * 1987 USD value = 2017 USD value

Then plug in historical CPI values. The U.S. CPI was 113.6 in the year 1987 and 244.786 in 2017:

244.786 / 113.6 * $1 = $2.15

The "purchasing power" of $1 from 1987 is $2.15 in 2017.


News headlines from 1987

Politics and news often play an important role in economic performance.

  • New Zealand becomes the only nation to legislate against nuclear power, when their Labour government legislates against nuclear weapons and nuclear powered vessels.
  • Margaret Thatcher becomes the first British PM in 160 years to win a third consecutive term in office.
  • The Dow Jones stock index falls by 508.32 points, the event is later known as Black Monday.

Inflation Data Source: The Bureau of Labor Statistics' (CPI), established in 1913. Inflation data from 1665 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University.


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