What is $1 from 1987 worth today?
$1 in 1987 is worth $2.97 in September 2026, based on the official Consumer Price Index. Prices have risen 197% since 1987, an average of 2.81% a year over 39 years. In other words, prices have doubled about 1.6 times, and a dollar today buys 33.7% of what it bought in 1987.
The same ratio applies to any amount: $20 from 1987 is worth $59.32, $100 is worth $296.60 and $1,000 is worth $2,966 in today's dollars.
Inflation in 1987
The CPI-U averaged 113.6 in 1987, up 3.6% from 109.6 in 1986. From December 1986 to December 1987, prices rose 4.4%. Ranked by annual inflation, 1987 is number 36 of the 112 years from 1914 to 2025.
In the 1980s, annual inflation averaged 5.5% a year. The highest rate was 13.5% in 1980 and the lowest 1.9% in 1986.
1987 prices in today's money, and today's prices in 1987 money
If something cost $5 in 1987, the same buying power today is $14.83. Going the other way, $100 in September 2026 would have bought what $33.72 bought in 1987, and a $60,000 salary today has the buying power of a $20,229 salary in 1987.
If your pay in 1987 was, say, $1,000 a month, you would need about $2,966 a month in September 2026 to afford the same basket of goods and services. Remember that this is an average across consumer spending: some prices, such as housing, health care and tuition, have risen faster than the CPI, while others have risen more slowly.
How this 1987 inflation figure is calculated
The calculation divides the latest CPI-U (336.94 for September 2026) by the 1987 annual average (113.6): 336.94 ÷ 113.6 = 2.9660. Multiply any 1987 amount by 2.9660 to convert it to September 2026 dollars. The data is the CPI for All Urban Consumers, U.S. city average, all items, not seasonally adjusted (BLS series CUUR0000SA0), published by the U.S. Bureau of Labor Statistics.
Use the calculator above to pick a specific month in 1987 or a different end date. See also $1 in 1986 and $1 in 1988. All years are on the main US inflation calculator page.