Calculate the Value of $8,700 in 1987

What is $8.7k in 1987 worth in today's money?
Amount
$
From
To
$23,368
Adjusted for inflation, $8,700 in 1987 is equal to $23,368 in 2023.
Annual inflation over this period was 2.78%.
Value of a dollar. Calculates inflation to see what a U.S. dollar was worth in the past and today. View historical and today's current inflation rates, using the CPI provided by the United States government. Inflation data is updated regularly, so results may differ from other websites. How much has the cost of living increased? What was inflation for a specific period?
How much is $8,700 in 1987 dollars worth?
Year Equivalent
2023 $23,368
2022 $21,951
2021 $20,508
2020 $20,232
2019 $19,780
2018 $19,410
2017 $19,009
2016 $18,622
2015 $18,487
2014 $18,349
2013 $18,077
2012 $17,768
2011 $17,257
2010 $17,002
2009 $16,552
2008 $16,537
2007 $15,888
2006 $15,495
2005 $14,983
2004 $14,510
2003 $14,243
2002 $13,912
2001 $13,700
2000 $13,251
1999 $12,904
1998 $12,700
1997 $12,487
1996 $12,086
Year Equivalent
1995 $11,786
1994 $11,479
1993 $11,172
1992 $10,857
1991 $10,534
1990 $9,928
1989 $9,487
1988 $9,086
1987 $8,700
1986 $8,606
1985 $8,291
1984 $7,976
1983 $7,684
1982 $7,401
1981 $6,795
1980 $6,039
1979 $5,330
1978 $4,889
1977 $4,582
1976 $4,370
1975 $4,086
1974 $3,637
1973 $3,346
1972 $3,236
1971 $3,134
1970 $2,968
1969 $2,795
1968 $2,669
Year Equivalent
1967 $2,590
1966 $2,504
1965 $2,456
1964 $2,433
1963 $2,393
1962 $2,362
1961 $2,346
1960 $2,315
1959 $2,275
1958 $2,236
1957 $2,173
1956 $2,110
1955 $2,102
1954 $2,118
1953 $2,102
1952 $2,086
1951 $1,968
1950 $1,858
1949 $1,897
1948 $1,842
1947 $1,693
1946 $1,433
1945 $1,401
1944 $1,370
1943 $1,331
1942 $1,220
1941 $1,110
1940 $1,102
Year Equivalent
1939 $1,102
1938 $1,134
1937 $1,102
1936 $1,087
1935 $1,055
1934 $1,039
1933 $1,031
1932 $1,150
1931 $1,268
1930 $1,354
1929 $1,346
1928 $1,362
1927 $1,394
1926 $1,409
1925 $1,362
1924 $1,362
1923 $1,331
1922 $1,362
1921 $1,527
1920 $1,488
1919 $1,299
1918 $1,079
1917 $913
1916 $811
1915 $795
1914 $787