Calculate the Value of $550 in 1961

What is 550 dollars in 1961 money adjusted for inflation? Convert $550 from 1961 dollars to 2024 dollars.
Amount
$
From
To
$5,661
Adjusted for inflation, $550 in 1961 is equal to $5,661 in 2024.
Annual inflation over this period was 3.77%.
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 $550 in 1961 dollars worth?
Year Equivalent
2024 $5,661
2023 $5,478
2022 $5,146
2021 $4,807
2020 $4,743
2019 $4,637
2018 $4,550
2017 $4,456
2016 $4,365
2015 $4,334
2014 $4,301
2013 $4,238
2012 $4,165
2011 $4,045
2010 $3,986
2009 $3,880
2008 $3,877
2007 $3,724
2006 $3,632
2005 $3,512
2004 $3,402
2003 $3,339
2002 $3,261
2001 $3,211
2000 $3,106
1999 $3,025
1998 $2,977
1997 $2,927
Year Equivalent
1996 $2,833
1995 $2,763
1994 $2,691
1993 $2,619
1992 $2,545
1991 $2,469
1990 $2,327
1989 $2,224
1988 $2,130
1987 $2,039
1986 $2,017
1985 $1,943
1984 $1,870
1983 $1,801
1982 $1,735
1981 $1,593
1980 $1,416
1979 $1,249
1978 $1,146
1977 $1,074
1976 $1,024
1975 $958
1974 $853
1973 $784
1972 $759
1971 $735
1970 $696
1969 $655
Year Equivalent
1968 $626
1967 $607
1966 $587
1965 $576
1964 $570
1963 $561
1962 $554
1961 $550
1960 $543
1959 $533
1958 $524
1957 $509
1956 $495
1955 $493
1954 $496
1953 $493
1952 $489
1951 $461
1950 $436
1949 $445
1948 $432
1947 $397
1946 $336
1945 $329
1944 $321
1943 $312
1942 $286
1941 $260
Year Equivalent
1940 $258
1939 $258
1938 $266
1937 $258
1936 $255
1935 $247
1934 $244
1933 $242
1932 $269
1931 $297
1930 $317
1929 $316
1928 $319
1927 $327
1926 $330
1925 $319
1924 $319
1923 $312
1922 $319
1921 $358
1920 $349
1919 $305
1918 $253
1917 $214
1916 $190
1915 $186
1914 $185