Calculate the Value of $4,700 in 1948

What is $4.7k in 1948 money adjusted for inflation? Convert $4,700 from 1948 dollars to 2024 dollars.
Amount
$
From
To
$61,611
Adjusted for inflation, $4,700 in 1948 is equal to $61,611 in 2024.
Annual inflation over this period was 3.44%.
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 $4,700 in 1948 dollars worth?
Year Equivalent
2024 $61,611
2023 $59,613
2022 $55,999
2021 $52,317
2020 $51,614
2019 $50,461
2018 $49,516
2017 $48,493
2016 $47,507
2015 $47,163
2014 $46,809
2013 $46,116
2012 $45,327
2011 $44,023
2010 $43,374
2009 $42,225
2008 $42,187
2007 $40,532
2006 $39,528
2005 $38,223
2004 $37,018
2003 $36,335
2002 $35,491
2001 $34,949
2000 $33,804
1999 $32,920
1998 $32,398
1997 $31,856
Year Equivalent
1996 $30,831
1995 $30,068
1994 $29,285
1993 $28,501
1992 $27,698
1991 $26,874
1990 $25,328
1989 $24,203
1988 $23,179
1987 $22,194
1986 $21,953
1985 $21,150
1984 $20,347
1983 $19,603
1982 $18,880
1981 $17,334
1980 $15,406
1979 $13,598
1978 $12,473
1977 $11,690
1976 $11,147
1975 $10,424
1974 $9,279
1973 $8,536
1972 $8,255
1971 $7,994
1970 $7,572
1969 $7,130
Year Equivalent
1968 $6,809
1967 $6,608
1966 $6,387
1965 $6,267
1964 $6,206
1963 $6,106
1962 $6,026
1961 $5,985
1960 $5,905
1959 $5,805
1958 $5,704
1957 $5,544
1956 $5,383
1955 $5,363
1954 $5,403
1953 $5,363
1952 $5,323
1951 $5,021
1950 $4,740
1949 $4,841
1948 $4,700
1947 $4,318
1946 $3,656
1945 $3,575
1944 $3,495
1943 $3,394
1942 $3,113
1941 $2,832
Year Equivalent
1940 $2,812
1939 $2,812
1938 $2,892
1937 $2,812
1936 $2,772
1935 $2,691
1934 $2,651
1933 $2,631
1932 $2,932
1931 $3,234
1930 $3,455
1929 $3,435
1928 $3,475
1927 $3,555
1926 $3,595
1925 $3,475
1924 $3,475
1923 $3,394
1922 $3,475
1921 $3,897
1920 $3,796
1919 $3,314
1918 $2,752
1917 $2,330
1916 $2,069
1915 $2,029
1914 $2,009