Calculate the Value of $550,000 in 1958

What is $550k in 1958 money adjusted for inflation? Convert $550,000 from 1958 dollars to 2024 dollars.
Amount
$
From
To
$5,940,504
Adjusted for inflation, $550,000 in 1958 is equal to $5,940,504 in 2024.
Annual inflation over this period was 3.67%.
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 $550,000 in 1958 dollars worth?
Year Equivalent
2024 $5,940,504
2023 $5,747,829
2022 $5,399,335
2021 $5,044,391
2020 $4,976,609
2019 $4,865,428
2018 $4,774,232
2017 $4,675,620
2016 $4,580,590
2015 $4,547,415
2014 $4,513,273
2013 $4,446,498
2012 $4,370,408
2011 $4,244,664
2010 $4,182,111
2009 $4,071,317
2008 $4,067,599
2007 $3,908,099
2006 $3,811,268
2005 $3,685,387
2004 $3,569,190
2003 $3,503,345
2002 $3,422,007
2001 $3,369,718
2000 $3,259,331
1999 $3,174,120
1998 $3,123,768
1997 $3,071,479
Year Equivalent
1996 $2,972,711
1995 $2,899,120
1994 $2,823,592
1993 $2,748,063
1992 $2,670,599
1991 $2,591,197
1990 $2,442,077
1989 $2,333,627
1988 $2,234,859
1987 $2,139,965
1986 $2,116,725
1985 $2,039,261
1984 $1,961,796
1983 $1,890,141
1982 $1,820,423
1981 $1,671,303
1980 $1,485,387
1979 $1,311,092
1978 $1,202,641
1977 $1,127,113
1976 $1,074,824
1975 $1,005,106
1974 $894,718
1973 $823,063
1972 $795,951
1971 $770,775
1970 $730,106
1969 $687,500
Year Equivalent
1968 $656,514
1967 $637,148
1966 $615,845
1965 $604,225
1964 $598,415
1963 $588,732
1962 $580,986
1961 $577,113
1960 $569,366
1959 $559,683
1958 $550,000
1957 $534,507
1956 $519,014
1955 $517,077
1954 $520,951
1953 $517,077
1952 $513,204
1951 $484,155
1950 $457,042
1949 $466,725
1948 $453,169
1947 $416,373
1946 $352,465
1945 $344,718
1944 $336,972
1943 $327,289
1942 $300,176
1941 $273,063
Year Equivalent
1940 $271,127
1939 $271,127
1938 $278,873
1937 $271,127
1936 $267,254
1935 $259,507
1934 $255,634
1933 $253,697
1932 $282,746
1931 $311,796
1930 $333,099
1929 $331,162
1928 $335,035
1927 $342,782
1926 $346,655
1925 $335,035
1924 $335,035
1923 $327,289
1922 $335,035
1921 $375,704
1920 $366,021
1919 $319,542
1918 $265,317
1917 $224,648
1916 $199,472
1915 $195,599
1914 $193,662