Calculate the Value of $980,000 in 1998

What is $980k in 1998 money adjusted for inflation? Convert $980,000 from 1998 dollars to 2024 dollars.
Amount
$
From
To
$1,863,677
Adjusted for inflation, $980,000 in 1998 is equal to $1,863,677 in 2024.
Annual inflation over this period was 2.50%.
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 $980,000 in 1998 dollars worth?
Year Equivalent
2024 $1,863,677
2023 $1,803,230
2022 $1,693,899
2021 $1,582,545
2020 $1,561,280
2019 $1,526,400
2018 $1,497,790
2017 $1,466,853
2016 $1,437,040
2015 $1,426,632
2014 $1,415,921
2013 $1,394,972
2012 $1,371,101
2011 $1,331,652
2010 $1,312,027
2009 $1,277,269
2008 $1,276,102
2007 $1,226,063
2006 $1,195,685
2005 $1,156,193
2004 $1,119,740
2003 $1,099,082
2002 $1,073,565
2001 $1,057,161
2000 $1,022,529
1999 $995,797
1998 $980,000
1997 $963,596
Year Equivalent
1996 $932,610
1995 $909,523
1994 $885,828
1993 $862,133
1992 $837,830
1991 $812,920
1990 $766,138
1989 $732,114
1988 $701,128
1987 $671,358
1986 $664,067
1985 $639,764
1984 $615,462
1983 $592,982
1982 $571,110
1981 $524,327
1980 $466,001
1979 $411,321
1978 $377,297
1977 $353,602
1976 $337,198
1975 $315,325
1974 $280,694
1973 $258,215
1972 $249,709
1971 $241,810
1970 $229,051
1969 $215,685
Year Equivalent
1968 $205,964
1967 $199,888
1966 $193,205
1965 $189,560
1964 $187,737
1963 $184,699
1962 $182,269
1961 $181,054
1960 $178,624
1959 $175,586
1958 $172,548
1957 $167,688
1956 $162,827
1955 $162,219
1954 $163,435
1953 $162,219
1952 $161,004
1951 $151,891
1950 $143,385
1949 $146,423
1948 $142,170
1947 $130,626
1946 $110,577
1945 $108,146
1944 $105,716
1943 $102,678
1942 $94,172
1941 $85,666
Year Equivalent
1940 $85,059
1939 $85,059
1938 $87,489
1937 $85,059
1936 $83,844
1935 $81,414
1934 $80,198
1933 $79,591
1932 $88,704
1931 $97,818
1930 $104,501
1929 $103,893
1928 $105,108
1927 $107,539
1926 $108,754
1925 $105,108
1924 $105,108
1923 $102,678
1922 $105,108
1921 $117,867
1920 $114,830
1919 $100,248
1918 $83,236
1917 $70,477
1916 $62,579
1915 $61,364
1914 $60,756