The year 1987 · in the United States and the world

What happened in 1987

The cost of living, the songs at #1, the news and the people in charge in 1987, rebuilt from public records. Born that year? Your exact day has its own story.

Gallon of gas

95¢

$4.48 today

President

Ronald Reagan

Biggest #1

“Livin' On A Prayer”

Bon Jovi

$1 then is

$2.96

in today’s money

01 · Cost of living

How much things cost in 1987

U.S. average prices for 1987, next to the latest official figure (Sep 2026). By the Consumer Price Index, $1 in 1987 buys what $2.96 buys today.

GENERAL STORE

U.S. AVERAGE PRICES · 1987

ITEM1987TODAYGallon of gasregular unleaded95¢$4.48Loaf of white breadper lb55¢$1.83Gallon of milkwhole—$4.11Dozen eggsgrade A large78¢$2.27Pound of coffeeground roast$2.79$9.33Postage stampfirst-class letter22¢78¢Median new homeUS sale price$104,700$393,300Minimum wagefederal, per hour$3.35$7.25

GALLON OF GAS COSTS 4.7× WHAT IT DID

Yearly averages · wage and stamp on July 1
— = no official series for 1987 yet

Gas: drivers paid 95¢ for a gallon of regular in 1987. Filling a 15-gallon tank cost about $14.22, against roughly $67.23 now.

Groceries: one hour at the federal minimum wage ($3.35) bought about 6 pounds of white bread in 1987. Today it buys about 3.

Housing: the median new home sold for $104,700, or about 15 years of full-time work at the minimum wage. Today the median is $393,300.

Mail: a first-class stamp cost 22¢. It is 78¢ now.

Stocks: the S&P 500 now stands about 27× its average level in 1987 (price only, before dividends and inflation).

Not yet tracked in 1987: gallon of milk (official averages start in 1996). We leave these blank rather than guess.

Sources: U.S. Bureau of Labor Statistics average prices, Census Bureau and Department of Labor viaFRED; USPS rate history; S&P from Robert Shiller’s public data.

02 · On the radio

The #1 songs of 1987

30 songs reached the top of the Billboard Hot 100 in 1987. The one that stayed longest:

“Livin' On A Prayer”

Bon Jovi · 4 weeks at #1 in 1987

Tap the cover for a 30-second preview

  1. Jan 3Walk Like An EgyptianThe Bangles2 wks
  2. Jan 17Shake You DownGregory Abbott1 wk
  3. Jan 24At This MomentBilly Vera & The Beaters2 wks
  4. Feb 7Open Your HeartMadonna1 wk
  5. Feb 14Livin' On A PrayerBon Jovi4 wks
  6. Mar 14Jacob's LadderHuey Lewis & The News1 wk
  7. Mar 21Lean On MeClub Nouveau2 wks
  8. Apr 4Nothing's Gonna Stop Us NowStarship2 wks
  9. Apr 18I Knew You Were Waiting (For Me)Aretha Franklin & George Michael2 wks
  10. May 2(I Just) Died In Your ArmsCutting Crew2 wks
  11. May 16With Or Without YouU23 wks
  12. Jun 6You Keep Me Hangin' OnKim Wilde1 wk
  13. Jun 13AlwaysAtlantic Starr1 wk
  14. Jun 20Head To ToeLisa Lisa And Cult Jam1 wk
  15. Jun 27I Wanna Dance With Somebody (Who Loves Me)Whitney Houston2 wks
  16. Jul 11AloneHeart3 wks
  17. Aug 1Shakedown (From "Beverly Hills Cop II")Bob Seger1 wk
  18. Aug 8I Still Haven't Found What I'm Looking ForU22 wks
  19. Aug 22Who's That GirlMadonna1 wk
  20. Aug 29La BambaLos Lobos3 wks
  21. Sep 19I Just Can't Stop Loving YouMichael Jackson With Siedah Garrett1 wk
  22. Sep 26Didn't We Almost Have It AllWhitney Houston2 wks
  23. Oct 10Here I Go AgainWhitesnake1 wk
  24. Oct 17Lost In EmotionLisa Lisa And Cult Jam1 wk
  25. Oct 24BadMichael Jackson2 wks
  26. Nov 7I Think We're Alone NowTiffany2 wks
  27. Nov 21Mony MonyBilly Idol1 wk
  28. Nov 28(I've Had) The Time Of My LifeBill Medley & Jennifer Warnes1 wk
  29. Dec 5Heaven Is A Place On EarthBelinda Carlisle1 wk
  30. Dec 12FaithGeorge Michael3 wks

Dates are the first chart week at #1 in 1987; weeks count only those in 1987.Find the #1 song on your birthday →

Your day, not just your year

Born in 1987? Meet your day.

The weather in your city, the moon over it and the song on the radio the day you arrived in 1987.

See your exact day →

The weather, the sky and the #1 song from that exact day, in your city

03 · The news

Major events of 1987

Moments from 1987 that are still remembered, in date order.

  1. Jan 22After being convicted of receiving bribes, Pennsylvania state treasurer R. Budd Dwyer shot and killed himself in front of television cameras during a press conference.
  2. Feb 23SN 1987A, the first supernova that modern astronomers were able to study in great detail, was observed from Earth occurring in the Large Magellanic Cloud.
  3. Mar 4U.S. president Ronald Reagan made a nationally televised address in which he accepted full responsibility for illegal actions in the Iran–Contra affair.
  4. Mar 19American televangelist Jim Bakker resigned as the host of The PTL Club in the midst of a sex scandal.
  5. May 11Klaus Barbie goes on trial in Lyon for war crimes committed during World War II.
  6. May 17An Iraqi jet fired two Exocet missiles at the American frigate USS Stark, killing 37 personnel and injuring 21 others.
  7. Jun 4American intelligence analyst Jonathan Pollard pleaded guilty to charges of spying for Israel.
  8. Jun 12The Central African Republic's former emperor Jean-Bédel Bokassa is sentenced to death for crimes he had committed during his 13-year rule.
  9. Jun 12Cold War: During a speech at the Brandenburg Gate by the Berlin Wall, US president Ronald Reagan challenged Soviet leader Mikhail Gorbachev to "tear down this wall!" (speech featured).
  10. Jun 19The Basque separatist group ETA detonated a car bomb at a Hipercor shopping centre in Barcelona, killing 21 people and injuring 45 others.
  11. Jul 24Iran–Iraq War: In opposition to the American plan to protect Kuwaiti tankers, Iran laid mines and damaged the SS Bridgeton, resulting in a propaganda victory for Iran.
  12. Jul 29British Prime Minister Margaret Thatcher and President of France François Mitterrand sign the agreement to build a tunnel under the English Channel (Channel Tunnel).
  13. Oct 6Fiji becomes a republic.
  14. Oct 19The Dow Jones Industrial Average fell by 22.6 percent on Black Monday, the largest one-day percentage decline in the stock market index's history.

Event summaries from Wikipedia’s “On this day”, CC BY-SA 4.0. Each links to its article.

04 · Who was in charge

The president and world leaders in 1987

  • U.S. President

    Ronald Reagan

  • UK Prime Minister

    Margaret Thatcher

  • Prime Minister of Canada

    Brian Mulroney

  • President of France

    François Mitterrand

  • German Chancellor

    Helmut Kohl

  • Prime Minister of Japan

    Yasuhiro Nakasone → Noboru Takeshita

  • Soviet leader

    Mikhail Gorbachev

Everyone who held the office at some point in 1987, from Wikidata.

05 · At the movies and on TV

Films and TV of 1987

Best Picture at the 1987 Oscars

Platoon

honouring films of 1986

The 1987 film that won next spring

The Last Emperor

Best Picture at the 1988 Oscars

American films released

  • Predator
  • Full Metal Jacket
  • RoboCop
  • The Untouchables
  • Empire of the Sun
  • Good Morning, Vietnam

New on American TV

  • Star Trek: The Next Generation
  • DuckTales
  • Married... with Children
  • The Bold and the Beautiful

A selection of the best-documented titles on Wikidata, by first release year; not a box-office ranking.

06 · Born in 1987

Famous people born in 1987

Anyone born in 1987 belongs to the Millennials (1981–1996).

From Wikipedia’s “On this day”, CC BY-SA 4.0.

Quick answers

Quick answers about 1987

How much was gas in 1987?

A gallon of regular unleaded gas cost 95¢ on average in 1987, according to the U.S. Bureau of Labor Statistics. The latest national average is $4.48 (Sep 2026), about 4.7× as much.

What was the #1 song of 1987?

“Livin' On A Prayer” by Bon Jovi spent the most weeks at #1 on the Billboard Hot 100 in 1987: 4 weeks. 30 different songs reached #1 that year.

Who was president in 1987?

Ronald Reagan was President of the United States for all of 1987.

How much is $1 from 1987 worth today?

Prices have risen about 3.0× since 1987, so $1 then buys what about $2.96 buys today, by the Consumer Price Index (Sep 2026). A first-class stamp cost 22¢ in 1987.

Your day, not just your year

1987 was the year. Which day was yours?

Pick your birthday and city. We’ll rebuild that day: the weather outside, the sky overhead, the song on the radio and what a dollar bought.

See your exact day →

The weather, the sky and the #1 song from that exact day, in your city