Calculate the Value of $12,000 in 1988

What is $12k in 1988 money adjusted for inflation? Convert $12,000 from 1988 dollars to 2024 dollars.
Amount
$
From
To
$31,897
Adjusted for inflation, $12,000 in 1988 is equal to $31,897 in 2024.
Annual inflation over this period was 2.75%.
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 $12,000 in 1988 dollars worth?
Year Equivalent
2024 $31,897
2023 $30,863
2022 $28,992
2021 $27,086
2020 $26,722
2019 $26,125
2018 $25,635
2017 $25,106
2016 $24,595
2015 $24,417
2014 $24,234
2013 $23,875
2012 $23,467
2011 $22,792
2010 $22,456
2009 $21,861
2008 $21,841
2007 $20,984
2006 $20,464
2005 $19,789
2004 $19,165
2003 $18,811
2002 $18,374
2001 $18,094
2000 $17,501
1999 $17,043
1998 $16,773
1997 $16,492
Year Equivalent
1996 $15,962
1995 $15,567
1994 $15,161
1993 $14,756
1992 $14,340
1991 $13,913
1990 $13,113
1989 $12,530
1988 $12,000
1987 $11,490
1986 $11,366
1985 $10,950
1984 $10,534
1983 $10,149
1982 $9,775
1981 $8,974
1980 $7,976
1979 $7,040
1978 $6,458
1977 $6,052
1976 $5,771
1975 $5,397
1974 $4,804
1973 $4,419
1972 $4,274
1971 $4,139
1970 $3,920
1969 $3,692
Year Equivalent
1968 $3,525
1967 $3,421
1966 $3,307
1965 $3,244
1964 $3,213
1963 $3,161
1962 $3,120
1961 $3,099
1960 $3,057
1959 $3,005
1958 $2,953
1957 $2,870
1956 $2,787
1955 $2,776
1954 $2,797
1953 $2,776
1952 $2,756
1951 $2,600
1950 $2,454
1949 $2,506
1948 $2,433
1947 $2,236
1946 $1,893
1945 $1,851
1944 $1,809
1943 $1,757
1942 $1,612
1941 $1,466
Year Equivalent
1940 $1,456
1939 $1,456
1938 $1,497
1937 $1,456
1936 $1,435
1935 $1,393
1934 $1,373
1933 $1,362
1932 $1,518
1931 $1,674
1930 $1,789
1929 $1,778
1928 $1,799
1927 $1,841
1926 $1,861
1925 $1,799
1924 $1,799
1923 $1,757
1922 $1,799
1921 $2,017
1920 $1,965
1919 $1,716
1918 $1,425
1917 $1,206
1916 $1,071
1915 $1,050
1914 $1,040