Calculate the Value of $5,000 in 1988

What is $5k in 1988 money adjusted for inflation? Convert $5,000 from 1988 dollars to 2024 dollars.
Amount
$
From
To
$13,291
Adjusted for inflation, $5,000 in 1988 is equal to $13,291 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 $5,000 in 1988 dollars worth?
Year Equivalent
2024 $13,291
2023 $12,859
2022 $12,080
2021 $11,286
2020 $11,134
2019 $10,885
2018 $10,681
2017 $10,461
2016 $10,248
2015 $10,174
2014 $10,097
2013 $9,948
2012 $9,778
2011 $9,496
2010 $9,357
2009 $9,109
2008 $9,100
2007 $8,744
2006 $8,527
2005 $8,245
2004 $7,985
2003 $7,838
2002 $7,656
2001 $7,539
2000 $7,292
1999 $7,101
1998 $6,989
1997 $6,872
Year Equivalent
1996 $6,651
1995 $6,486
1994 $6,317
1993 $6,148
1992 $5,975
1991 $5,797
1990 $5,464
1989 $5,221
1988 $5,000
1987 $4,788
1986 $4,736
1985 $4,562
1984 $4,389
1983 $4,229
1982 $4,073
1981 $3,739
1980 $3,323
1979 $2,933
1978 $2,691
1977 $2,522
1976 $2,405
1975 $2,249
1974 $2,002
1973 $1,841
1972 $1,781
1971 $1,724
1970 $1,633
1969 $1,538
Year Equivalent
1968 $1,469
1967 $1,425
1966 $1,378
1965 $1,352
1964 $1,339
1963 $1,317
1962 $1,300
1961 $1,291
1960 $1,274
1959 $1,252
1958 $1,231
1957 $1,196
1956 $1,161
1955 $1,157
1954 $1,166
1953 $1,157
1952 $1,148
1951 $1,083
1950 $1,023
1949 $1,044
1948 $1,014
1947 $932
1946 $789
1945 $771
1944 $754
1943 $732
1942 $672
1941 $611
Year Equivalent
1940 $607
1939 $607
1938 $624
1937 $607
1936 $598
1935 $581
1934 $572
1933 $568
1932 $633
1931 $698
1930 $745
1929 $741
1928 $750
1927 $767
1926 $776
1925 $750
1924 $750
1923 $732
1922 $750
1921 $841
1920 $819
1919 $715
1918 $594
1917 $503
1916 $446
1915 $438
1914 $433