Calculate the Value of $5,500 in 1971

What is $5.5k in 1971 money adjusted for inflation? Convert $5,500 from 1971 dollars to 2024 dollars.
Amount
$
From
To
$42,390
Adjusted for inflation, $5,500 in 1971 is equal to $42,390 in 2024.
Annual inflation over this period was 3.93%.
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 $5,500 in 1971 dollars worth?
Year Equivalent
2024 $42,390
2023 $41,015
2022 $38,528
2021 $35,995
2020 $35,511
2019 $34,718
2018 $34,067
2017 $33,364
2016 $32,686
2015 $32,449
2014 $32,205
2013 $31,729
2012 $31,186
2011 $30,289
2010 $29,842
2009 $29,052
2008 $29,025
2007 $27,887
2006 $27,196
2005 $26,298
2004 $25,469
2003 $24,999
2002 $24,418
2001 $24,045
2000 $23,258
1999 $22,649
1998 $22,290
1997 $21,917
Year Equivalent
1996 $21,212
1995 $20,687
1994 $20,148
1993 $19,609
1992 $19,057
1991 $18,490
1990 $17,426
1989 $16,652
1988 $15,947
1987 $15,270
1986 $15,104
1985 $14,552
1984 $13,999
1983 $13,487
1982 $12,990
1981 $11,926
1980 $10,599
1979 $9,356
1978 $8,582
1977 $8,043
1976 $7,670
1975 $7,172
1974 $6,384
1973 $5,873
1972 $5,680
1971 $5,500
1970 $5,210
1969 $4,906
Year Equivalent
1968 $4,685
1967 $4,546
1966 $4,394
1965 $4,312
1964 $4,270
1963 $4,201
1962 $4,146
1961 $4,118
1960 $4,063
1959 $3,994
1958 $3,925
1957 $3,814
1956 $3,704
1955 $3,690
1954 $3,717
1953 $3,690
1952 $3,662
1951 $3,455
1950 $3,261
1949 $3,330
1948 $3,234
1947 $2,971
1946 $2,515
1945 $2,460
1944 $2,405
1943 $2,335
1942 $2,142
1941 $1,948
Year Equivalent
1940 $1,935
1939 $1,935
1938 $1,990
1937 $1,935
1936 $1,907
1935 $1,852
1934 $1,824
1933 $1,810
1932 $2,018
1931 $2,225
1930 $2,377
1929 $2,363
1928 $2,391
1927 $2,446
1926 $2,474
1925 $2,391
1924 $2,391
1923 $2,335
1922 $2,391
1921 $2,681
1920 $2,612
1919 $2,280
1918 $1,893
1917 $1,603
1916 $1,423
1915 $1,396
1914 $1,382