Value of a dollar · 1987
Value of a Dollar in 1987
$1 in 1987 had the same buying power as $2.76 in 2024. Prices rose 176% over those 37 years, an average of 2.78% a year.
- $100 from 1987 $276 in 2024 dollars
- Prices since +176% 2.76× the 1987 level
- Average inflation 2.78% a year, 1987–2024
- $100 in 2024 $36.22 in 1987 dollars
1987 dollars in 2024 money
| In 1987 | Worth in 2024 |
|---|---|
| $1 | $2.76 |
| $10 | $27.61 |
| $100 | $276 |
| $1,000 | $2,761 |
| $10,000 | $27,607 |
For a specific amount or a different pair of years, use the inflation calculator.
How $100 from 1987 kept pace
The amount needed in each later year to buy what $100 bought in 1987:
Prices had doubled by 2012, 25 years after 1987. The steepest single year along the way was 2022, when inflation reached 8.00%. Read what happened in 2022.
Borrowing in 1987
A 30-year fixed mortgage averaged 10.21% in 1987, against 6.76% this week. See every year on historical mortgage rates.
Value of a dollar in 1987 — FAQ
How much is $1 from 1987 worth today?
$1 in 1987 buys about as much as $2.76 did in 2024, the latest full year of Consumer Price Index data. $100 from 1987 equals about $276.
How much have prices gone up since 1987?
Consumer prices rose about 176% from 1987 to 2024, so things cost about 2.76 times as much. That works out to an average of 2.78% a year.
What would $100 in 2024 have been worth in 1987?
$100 in 2024 had the buying power of about $36.22 in 1987.
When did prices double after 1987?
By 2012, 25 years later, the price level was more than twice what it was in 1987, so a dollar saved in 1987 bought less than half as much.
Based on annual average Consumer Price Index levels. 2024 is the latest full year in the data, so “today” on this page means 2024 dollars.
Data: World Bank, World Development Indicators, via APIVerve. Our tables, charts and text are licensed CC BY-NC 4.0: share and adapt them for non-commercial use as long as you credit us. For commercial use or bulk data, use the APIVerve API. See the data terms. Cite as: Digest Your Finances, “Value of a Dollar by Year”, https://digestyourfinances.com/studies/value-of-a-dollar/1987/ — based on World Bank, World Development Indicators. CC BY-NC 4.0.
