Calculate the Value of $4,700 in 1988

What is $4.7k in 1988 money adjusted for inflation? Convert $4,700 from 1988 dollars to 2024 dollars.
Amount
$
From
To
$12,493
Adjusted for inflation, $4,700 in 1988 is equal to $12,493 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 $4,700 in 1988 dollars worth?
Year Equivalent
2024 $12,493
2023 $12,088
2022 $11,355
2021 $10,609
2020 $10,466
2019 $10,232
2018 $10,040
2017 $9,833
2016 $9,633
2015 $9,563
2014 $9,492
2013 $9,351
2012 $9,191
2011 $8,927
2010 $8,795
2009 $8,562
2008 $8,554
2007 $8,219
2006 $8,015
2005 $7,751
2004 $7,506
2003 $7,368
2002 $7,197
2001 $7,087
2000 $6,855
1999 $6,675
1998 $6,569
1997 $6,459
Year Equivalent
1996 $6,252
1995 $6,097
1994 $5,938
1993 $5,779
1992 $5,616
1991 $5,449
1990 $5,136
1989 $4,908
1988 $4,700
1987 $4,500
1986 $4,452
1985 $4,289
1984 $4,126
1983 $3,975
1982 $3,828
1981 $3,515
1980 $3,124
1979 $2,757
1978 $2,529
1977 $2,370
1976 $2,260
1975 $2,114
1974 $1,882
1973 $1,731
1972 $1,674
1971 $1,621
1970 $1,535
1969 $1,446
Year Equivalent
1968 $1,381
1967 $1,340
1966 $1,295
1965 $1,271
1964 $1,258
1963 $1,238
1962 $1,222
1961 $1,214
1960 $1,197
1959 $1,177
1958 $1,157
1957 $1,124
1956 $1,092
1955 $1,087
1954 $1,096
1953 $1,087
1952 $1,079
1951 $1,018
1950 $961
1949 $982
1948 $953
1947 $876
1946 $741
1945 $725
1944 $709
1943 $688
1942 $631
1941 $574
Year Equivalent
1940 $570
1939 $570
1938 $586
1937 $570
1936 $562
1935 $546
1934 $538
1933 $534
1932 $595
1931 $656
1930 $701
1929 $696
1928 $705
1927 $721
1926 $729
1925 $705
1924 $705
1923 $688
1922 $705
1921 $790
1920 $770
1919 $672
1918 $558
1917 $472
1916 $419
1915 $411
1914 $407