Calculate the Value of $40,000 in 1988

What is $40k in 1988 money adjusted for inflation? Convert $40,000 from 1988 dollars to 2024 dollars.
Amount
$
From
To
$106,324
Adjusted for inflation, $40,000 in 1988 is equal to $106,324 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 $40,000 in 1988 dollars worth?
Year Equivalent
2024 $106,324
2023 $102,876
2022 $96,638
2021 $90,286
2020 $89,072
2019 $87,082
2018 $85,450
2017 $83,685
2016 $81,984
2015 $81,391
2014 $80,780
2013 $79,584
2012 $78,223
2011 $75,972
2010 $74,852
2009 $72,869
2008 $72,803
2007 $69,948
2006 $68,215
2005 $65,962
2004 $63,882
2003 $62,704
2002 $61,248
2001 $60,312
2000 $58,336
1999 $56,811
1998 $55,910
1997 $54,974
Year Equivalent
1996 $53,206
1995 $51,889
1994 $50,537
1993 $49,185
1992 $47,799
1991 $46,378
1990 $43,709
1989 $41,768
1988 $40,000
1987 $38,302
1986 $37,886
1985 $36,499
1984 $35,113
1983 $33,830
1982 $32,582
1981 $29,913
1980 $26,586
1979 $23,466
1978 $21,525
1977 $20,173
1976 $19,237
1975 $17,990
1974 $16,014
1973 $14,731
1972 $14,246
1971 $13,795
1970 $13,068
1969 $12,305
Year Equivalent
1968 $11,750
1967 $11,404
1966 $11,023
1965 $10,815
1964 $10,711
1963 $10,537
1962 $10,399
1961 $10,329
1960 $10,191
1959 $10,017
1958 $9,844
1957 $9,567
1956 $9,289
1955 $9,255
1954 $9,324
1953 $9,255
1952 $9,185
1951 $8,666
1950 $8,180
1949 $8,354
1948 $8,111
1947 $7,452
1946 $6,308
1945 $6,170
1944 $6,031
1943 $5,858
1942 $5,373
1941 $4,887
Year Equivalent
1940 $4,853
1939 $4,853
1938 $4,991
1937 $4,853
1936 $4,783
1935 $4,645
1934 $4,575
1933 $4,541
1932 $5,061
1931 $5,581
1930 $5,962
1929 $5,927
1928 $5,997
1927 $6,135
1926 $6,205
1925 $5,997
1924 $5,997
1923 $5,858
1922 $5,997
1921 $6,724
1920 $6,551
1919 $5,719
1918 $4,749
1917 $4,021
1916 $3,570
1915 $3,501
1914 $3,466