Calculate the Value of $5,500 in 1988

What is $5.5k in 1988 money adjusted for inflation? Convert $5,500 from 1988 dollars to 2024 dollars.
Amount
$
From
To
$14,620
Adjusted for inflation, $5,500 in 1988 is equal to $14,620 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 $5,500 in 1988 dollars worth?
Year Equivalent
2024 $14,620
2023 $14,145
2022 $13,288
2021 $12,414
2020 $12,247
2019 $11,974
2018 $11,749
2017 $11,507
2016 $11,273
2015 $11,191
2014 $11,107
2013 $10,943
2012 $10,756
2011 $10,446
2010 $10,292
2009 $10,020
2008 $10,010
2007 $9,618
2006 $9,380
2005 $9,070
2004 $8,784
2003 $8,622
2002 $8,422
2001 $8,293
2000 $8,021
1999 $7,812
1998 $7,688
1997 $7,559
Year Equivalent
1996 $7,316
1995 $7,135
1994 $6,949
1993 $6,763
1992 $6,572
1991 $6,377
1990 $6,010
1989 $5,743
1988 $5,500
1987 $5,266
1986 $5,209
1985 $5,019
1984 $4,828
1983 $4,652
1982 $4,480
1981 $4,113
1980 $3,656
1979 $3,227
1978 $2,960
1977 $2,774
1976 $2,645
1975 $2,474
1974 $2,202
1973 $2,026
1972 $1,959
1971 $1,897
1970 $1,797
1969 $1,692
Year Equivalent
1968 $1,616
1967 $1,568
1966 $1,516
1965 $1,487
1964 $1,473
1963 $1,449
1962 $1,430
1961 $1,420
1960 $1,401
1959 $1,377
1958 $1,354
1957 $1,315
1956 $1,277
1955 $1,273
1954 $1,282
1953 $1,273
1952 $1,263
1951 $1,192
1950 $1,125
1949 $1,149
1948 $1,115
1947 $1,025
1946 $867
1945 $848
1944 $829
1943 $805
1942 $739
1941 $672
Year Equivalent
1940 $667
1939 $667
1938 $686
1937 $667
1936 $658
1935 $639
1934 $629
1933 $624
1932 $696
1931 $767
1930 $820
1929 $815
1928 $825
1927 $844
1926 $853
1925 $825
1924 $825
1923 $805
1922 $825
1921 $925
1920 $901
1919 $786
1918 $653
1917 $553
1916 $491
1915 $481
1914 $477