Calculate the Value of $980 in 1971

What is 980 dollars in 1971 money adjusted for inflation? Convert $980 from 1971 dollars to 2024 dollars.
Amount
$
From
To
$7,553
Adjusted for inflation, $980 in 1971 is equal to $7,553 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 $980 in 1971 dollars worth?
Year Equivalent
2024 $7,553
2023 $7,308
2022 $6,865
2021 $6,414
2020 $6,328
2019 $6,186
2018 $6,070
2017 $5,945
2016 $5,824
2015 $5,782
2014 $5,738
2013 $5,653
2012 $5,557
2011 $5,397
2010 $5,317
2009 $5,176
2008 $5,172
2007 $4,969
2006 $4,846
2005 $4,686
2004 $4,538
2003 $4,454
2002 $4,351
2001 $4,284
2000 $4,144
1999 $4,036
1998 $3,972
1997 $3,905
Year Equivalent
1996 $3,780
1995 $3,686
1994 $3,590
1993 $3,494
1992 $3,396
1991 $3,295
1990 $3,105
1989 $2,967
1988 $2,842
1987 $2,721
1986 $2,691
1985 $2,593
1984 $2,494
1983 $2,403
1982 $2,315
1981 $2,125
1980 $1,889
1979 $1,667
1978 $1,529
1977 $1,433
1976 $1,367
1975 $1,278
1974 $1,138
1973 $1,046
1972 $1,012
1971 $980
1970 $928
1969 $874
Year Equivalent
1968 $835
1967 $810
1966 $783
1965 $768
1964 $761
1963 $749
1962 $739
1961 $734
1960 $724
1959 $712
1958 $699
1957 $680
1956 $660
1955 $657
1954 $662
1953 $657
1952 $653
1951 $616
1950 $581
1949 $593
1948 $576
1947 $529
1946 $448
1945 $438
1944 $428
1943 $416
1942 $382
1941 $347
Year Equivalent
1940 $345
1939 $345
1938 $355
1937 $345
1936 $340
1935 $330
1934 $325
1933 $323
1932 $359
1931 $396
1930 $424
1929 $421
1928 $426
1927 $436
1926 $441
1925 $426
1924 $426
1923 $416
1922 $426
1921 $478
1920 $465
1919 $406
1918 $337
1917 $286
1916 $254
1915 $249
1914 $246