Calculate the Value of $500,000 in 1983

What is $500k in 1983 money adjusted for inflation? Convert $500,000 from 1983 dollars to 2024 dollars.
Amount
$
From
To
$1,571,445
Adjusted for inflation, $500,000 in 1983 is equal to $1,571,445 in 2024.
Annual inflation over this period was 2.83%.
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 $500,000 in 1983 dollars worth?
Year Equivalent
2024 $1,571,445
2023 $1,520,476
2022 $1,428,289
2021 $1,334,395
2020 $1,316,465
2019 $1,287,054
2018 $1,262,930
2017 $1,236,844
2016 $1,211,706
2015 $1,202,930
2014 $1,193,899
2013 $1,176,235
2012 $1,156,107
2011 $1,122,843
2010 $1,106,296
2009 $1,076,988
2008 $1,076,004
2007 $1,033,811
2006 $1,008,197
2005 $974,898
2004 $944,160
2003 $926,742
2002 $905,225
2001 $891,393
2000 $862,193
1999 $839,652
1998 $826,332
1997 $812,500
Year Equivalent
1996 $786,373
1995 $766,906
1994 $746,926
1993 $726,947
1992 $706,455
1991 $685,451
1990 $646,004
1989 $617,316
1988 $591,189
1987 $566,086
1986 $559,939
1985 $539,447
1984 $518,955
1983 $500,000
1982 $481,557
1981 $442,111
1980 $392,930
1979 $346,824
1978 $318,135
1977 $298,156
1976 $284,324
1975 $265,881
1974 $236,680
1973 $217,725
1972 $210,553
1971 $203,893
1970 $193,135
1969 $181,865
Year Equivalent
1968 $173,668
1967 $168,545
1966 $162,910
1965 $159,836
1964 $158,299
1963 $155,738
1962 $153,689
1961 $152,664
1960 $150,615
1959 $148,053
1958 $145,492
1957 $141,393
1956 $137,295
1955 $136,783
1954 $137,807
1953 $136,783
1952 $135,758
1951 $128,074
1950 $120,902
1949 $123,463
1948 $119,877
1947 $110,143
1946 $93,238
1945 $91,189
1944 $89,139
1943 $86,578
1942 $79,406
1941 $72,234
Year Equivalent
1940 $71,721
1939 $71,721
1938 $73,770
1937 $71,721
1936 $70,697
1935 $68,648
1934 $67,623
1933 $67,111
1932 $74,795
1931 $82,480
1930 $88,115
1929 $87,602
1928 $88,627
1927 $90,676
1926 $91,701
1925 $88,627
1924 $88,627
1923 $86,578
1922 $88,627
1921 $99,385
1920 $96,824
1919 $84,529
1918 $70,184
1917 $59,426
1916 $52,766
1915 $51,742
1914 $51,230