Calculate the Value of $500 in 1953

What is 500 dollars in 1953 money adjusted for inflation? Convert $500 from 1953 dollars to 2024 dollars.
Amount
$
From
To
$5,744
Adjusted for inflation, $500 in 1953 is equal to $5,744 in 2024.
Annual inflation over this period was 3.50%.
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 $500 in 1953 dollars worth?
Year Equivalent
2024 $5,744
2023 $5,558
2022 $5,221
2021 $4,878
2020 $4,812
2019 $4,705
2018 $4,617
2017 $4,521
2016 $4,429
2015 $4,397
2014 $4,364
2013 $4,300
2012 $4,226
2011 $4,104
2010 $4,044
2009 $3,937
2008 $3,933
2007 $3,779
2006 $3,685
2005 $3,564
2004 $3,451
2003 $3,388
2002 $3,309
2001 $3,258
2000 $3,152
1999 $3,069
1998 $3,021
1997 $2,970
Year Equivalent
1996 $2,875
1995 $2,803
1994 $2,730
1993 $2,657
1992 $2,582
1991 $2,506
1990 $2,361
1989 $2,257
1988 $2,161
1987 $2,069
1986 $2,047
1985 $1,972
1984 $1,897
1983 $1,828
1982 $1,760
1981 $1,616
1980 $1,436
1979 $1,268
1978 $1,163
1977 $1,090
1976 $1,039
1975 $972
1974 $865
1973 $796
1972 $770
1971 $745
1970 $706
1969 $665
Year Equivalent
1968 $635
1967 $616
1966 $596
1965 $584
1964 $579
1963 $569
1962 $562
1961 $558
1960 $551
1959 $541
1958 $532
1957 $517
1956 $502
1955 $500
1954 $504
1953 $500
1952 $496
1951 $468
1950 $442
1949 $451
1948 $438
1947 $403
1946 $341
1945 $333
1944 $326
1943 $316
1942 $290
1941 $264
Year Equivalent
1940 $262
1939 $262
1938 $270
1937 $262
1936 $258
1935 $251
1934 $247
1933 $245
1932 $273
1931 $301
1930 $322
1929 $320
1928 $324
1927 $331
1926 $335
1925 $324
1924 $324
1923 $316
1922 $324
1921 $363
1920 $354
1919 $309
1918 $257
1917 $217
1916 $193
1915 $189
1914 $187