Calculate the Value of $8,000 in 1971

What is $8k in 1971 money adjusted for inflation? Convert $8,000 from 1971 dollars to 2024 dollars.
Amount
$
From
To
$61,657
Adjusted for inflation, $8,000 in 1971 is equal to $61,657 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 $8,000 in 1971 dollars worth?
Year Equivalent
2024 $61,657
2023 $59,658
2022 $56,041
2021 $52,357
2020 $51,653
2019 $50,499
2018 $49,553
2017 $48,529
2016 $47,543
2015 $47,198
2014 $46,844
2013 $46,151
2012 $45,361
2011 $44,056
2010 $43,407
2009 $42,257
2008 $42,218
2007 $40,563
2006 $39,558
2005 $38,251
2004 $37,045
2003 $36,362
2002 $35,518
2001 $34,975
2000 $33,829
1999 $32,945
1998 $32,422
1997 $31,879
Year Equivalent
1996 $30,854
1995 $30,090
1994 $29,307
1993 $28,523
1992 $27,719
1991 $26,894
1990 $25,347
1989 $24,221
1988 $23,196
1987 $22,211
1986 $21,970
1985 $21,166
1984 $20,362
1983 $19,618
1982 $18,894
1981 $17,347
1980 $15,417
1979 $13,608
1978 $12,482
1977 $11,698
1976 $11,156
1975 $10,432
1974 $9,286
1973 $8,543
1972 $8,261
1971 $8,000
1970 $7,578
1969 $7,136
Year Equivalent
1968 $6,814
1967 $6,613
1966 $6,392
1965 $6,271
1964 $6,211
1963 $6,111
1962 $6,030
1961 $5,990
1960 $5,910
1959 $5,809
1958 $5,709
1957 $5,548
1956 $5,387
1955 $5,367
1954 $5,407
1953 $5,367
1952 $5,327
1951 $5,025
1950 $4,744
1949 $4,844
1948 $4,704
1947 $4,322
1946 $3,658
1945 $3,578
1944 $3,497
1943 $3,397
1942 $3,116
1941 $2,834
Year Equivalent
1940 $2,814
1939 $2,814
1938 $2,894
1937 $2,814
1936 $2,774
1935 $2,693
1934 $2,653
1933 $2,633
1932 $2,935
1931 $3,236
1930 $3,457
1929 $3,437
1928 $3,477
1927 $3,558
1926 $3,598
1925 $3,477
1924 $3,477
1923 $3,397
1922 $3,477
1921 $3,899
1920 $3,799
1919 $3,317
1918 $2,754
1917 $2,332
1916 $2,070
1915 $2,030
1914 $2,010