Calculate the Value of $56,000 in 1988

What is $56k in 1988 money adjusted for inflation? Convert $56,000 from 1988 dollars to 2024 dollars.
Amount
$
From
To
$148,854
Adjusted for inflation, $56,000 in 1988 is equal to $148,854 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 $56,000 in 1988 dollars worth?
Year Equivalent
2024 $148,854
2023 $144,026
2022 $135,294
2021 $126,400
2020 $124,701
2019 $121,915
2018 $119,630
2017 $117,159
2016 $114,778
2015 $113,947
2014 $113,091
2013 $111,418
2012 $109,512
2011 $106,361
2010 $104,793
2009 $102,017
2008 $101,924
2007 $97,927
2006 $95,501
2005 $92,347
2004 $89,435
2003 $87,785
2002 $85,747
2001 $84,437
2000 $81,671
1999 $79,536
1998 $78,274
1997 $76,964
Year Equivalent
1996 $74,489
1995 $72,645
1994 $70,752
1993 $68,860
1992 $66,919
1991 $64,929
1990 $61,192
1989 $58,475
1988 $56,000
1987 $53,622
1986 $53,040
1985 $51,099
1984 $49,158
1983 $47,362
1982 $45,615
1981 $41,879
1980 $37,220
1979 $32,853
1978 $30,135
1977 $28,243
1976 $26,932
1975 $25,185
1974 $22,419
1973 $20,624
1972 $19,945
1971 $19,314
1970 $18,295
1969 $17,227
Year Equivalent
1968 $16,451
1967 $15,965
1966 $15,432
1965 $15,140
1964 $14,995
1963 $14,752
1962 $14,558
1961 $14,461
1960 $14,267
1959 $14,024
1958 $13,782
1957 $13,393
1956 $13,005
1955 $12,957
1954 $13,054
1953 $12,957
1952 $12,860
1951 $12,132
1950 $11,452
1949 $11,695
1948 $11,355
1947 $10,433
1946 $8,832
1945 $8,638
1944 $8,444
1943 $8,201
1942 $7,522
1941 $6,842
Year Equivalent
1940 $6,794
1939 $6,794
1938 $6,988
1937 $6,794
1936 $6,697
1935 $6,503
1934 $6,406
1933 $6,357
1932 $7,085
1931 $7,813
1930 $8,347
1929 $8,298
1928 $8,395
1927 $8,589
1926 $8,686
1925 $8,395
1924 $8,395
1923 $8,201
1922 $8,395
1921 $9,414
1920 $9,172
1919 $8,007
1918 $6,648
1917 $5,629
1916 $4,998
1915 $4,901
1914 $4,853