Calculate the Value of $16,000 in 1997

What is $16k in 1997 money adjusted for inflation? Convert $16,000 from 1997 dollars to 2024 dollars.
Amount
$
From
To
$30,945
Adjusted for inflation, $16,000 in 1997 is equal to $30,945 in 2024.
Annual inflation over this period was 2.47%.
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 $16,000 in 1997 dollars worth?
Year Equivalent
2024 $30,945
2023 $29,942
2022 $28,126
2021 $26,277
2020 $25,924
2019 $25,345
2018 $24,870
2017 $24,356
2016 $23,861
2015 $23,688
2014 $23,511
2013 $23,163
2012 $22,766
2011 $22,111
2010 $21,786
2009 $21,208
2008 $21,189
2007 $20,358
2006 $19,854
2005 $19,198
2004 $18,593
2003 $18,250
2002 $17,826
2001 $17,554
2000 $16,979
1999 $16,535
1998 $16,272
1997 $16,000
Year Equivalent
1996 $15,485
1995 $15,102
1994 $14,709
1993 $14,315
1992 $13,912
1991 $13,498
1990 $12,721
1989 $12,156
1988 $11,642
1987 $11,148
1986 $11,026
1985 $10,623
1984 $10,219
1983 $9,846
1982 $9,483
1981 $8,706
1980 $7,738
1979 $6,830
1978 $6,265
1977 $5,871
1976 $5,599
1975 $5,236
1974 $4,661
1973 $4,288
1972 $4,146
1971 $4,015
1970 $3,803
1969 $3,581
Year Equivalent
1968 $3,420
1967 $3,319
1966 $3,208
1965 $3,148
1964 $3,117
1963 $3,067
1962 $3,026
1961 $3,006
1960 $2,966
1959 $2,916
1958 $2,865
1957 $2,784
1956 $2,704
1955 $2,694
1954 $2,714
1953 $2,694
1952 $2,673
1951 $2,522
1950 $2,381
1949 $2,431
1948 $2,361
1947 $2,169
1946 $1,836
1945 $1,796
1944 $1,755
1943 $1,705
1942 $1,564
1941 $1,422
Year Equivalent
1940 $1,412
1939 $1,412
1938 $1,453
1937 $1,412
1936 $1,392
1935 $1,352
1934 $1,332
1933 $1,322
1932 $1,473
1931 $1,624
1930 $1,735
1929 $1,725
1928 $1,745
1927 $1,786
1926 $1,806
1925 $1,745
1924 $1,745
1923 $1,705
1922 $1,745
1921 $1,957
1920 $1,907
1919 $1,665
1918 $1,382
1917 $1,170
1916 $1,039
1915 $1,019
1914 $1,009