Calculate the Value of $500 in 1956

What is 500 dollars in 1956 money adjusted for inflation? Convert $500 from 1956 dollars to 2024 dollars.
Amount
$
From
To
$5,723
Adjusted for inflation, $500 in 1956 is equal to $5,723 in 2024.
Annual inflation over this period was 3.65%.
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 1956 dollars worth?
Year Equivalent
2024 $5,723
2023 $5,537
2022 $5,202
2021 $4,860
2020 $4,794
2019 $4,687
2018 $4,599
2017 $4,504
2016 $4,413
2015 $4,381
2014 $4,348
2013 $4,284
2012 $4,210
2011 $4,089
2010 $4,029
2009 $3,922
2008 $3,919
2007 $3,765
2006 $3,672
2005 $3,550
2004 $3,438
2003 $3,375
2002 $3,297
2001 $3,246
2000 $3,140
1999 $3,058
1998 $3,009
1997 $2,959
Year Equivalent
1996 $2,864
1995 $2,793
1994 $2,720
1993 $2,647
1992 $2,573
1991 $2,496
1990 $2,353
1989 $2,248
1988 $2,153
1987 $2,062
1986 $2,039
1985 $1,965
1984 $1,890
1983 $1,821
1982 $1,754
1981 $1,610
1980 $1,431
1979 $1,263
1978 $1,159
1977 $1,086
1976 $1,035
1975 $968
1974 $862
1973 $793
1972 $767
1971 $743
1970 $703
1969 $662
Year Equivalent
1968 $632
1967 $614
1966 $593
1965 $582
1964 $576
1963 $567
1962 $560
1961 $556
1960 $549
1959 $539
1958 $530
1957 $515
1956 $500
1955 $498
1954 $502
1953 $498
1952 $494
1951 $466
1950 $440
1949 $450
1948 $437
1947 $401
1946 $340
1945 $332
1944 $325
1943 $315
1942 $289
1941 $263
Year Equivalent
1940 $261
1939 $261
1938 $269
1937 $261
1936 $257
1935 $250
1934 $246
1933 $244
1932 $272
1931 $300
1930 $321
1929 $319
1928 $323
1927 $330
1926 $334
1925 $323
1924 $323
1923 $315
1922 $323
1921 $362
1920 $353
1919 $308
1918 $256
1917 $216
1916 $192
1915 $188
1914 $187