Calculate the Value of $1,200 in 1971

What is $1.2k in 1971 worth in today's money?
Amount
$
From
To
$8,406
Adjusted for inflation, $1,200 in 1971 is equal to $8,406 in 2022.
Annual inflation over this period was 3.89%.
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 $1,200 in 1971 dollars worth?
Year Equivalent
2022 $8,406
2021 $7,853
2020 $7,748
2019 $7,575
2018 $7,433
2017 $7,279
2016 $7,131
2015 $7,080
2014 $7,027
2013 $6,923
2012 $6,804
2011 $6,608
2010 $6,511
2009 $6,339
2008 $6,333
2007 $6,084
2006 $5,934
2005 $5,738
2004 $5,557
2003 $5,454
2002 $5,328
2001 $5,246
2000 $5,074
1999 $4,942
1998 $4,863
1997 $4,782
1996 $4,628
1995 $4,514
Year Equivalent
1994 $4,396
1993 $4,278
1992 $4,158
1991 $4,034
1990 $3,802
1989 $3,633
1988 $3,479
1987 $3,332
1986 $3,295
1985 $3,175
1984 $3,054
1983 $2,943
1982 $2,834
1981 $2,602
1980 $2,313
1979 $2,041
1978 $1,872
1977 $1,755
1976 $1,673
1975 $1,565
1974 $1,393
1973 $1,281
1972 $1,239
1971 $1,200
1970 $1,137
1969 $1,070
1968 $1,022
1967 $992
Year Equivalent
1966 $959
1965 $941
1964 $932
1963 $917
1962 $905
1961 $898
1960 $886
1959 $871
1958 $856
1957 $832
1956 $808
1955 $805
1954 $811
1953 $805
1952 $799
1951 $754
1950 $712
1949 $727
1948 $706
1947 $648
1946 $549
1945 $537
1944 $525
1943 $510
1942 $467
1941 $425
1940 $422
1939 $422
Year Equivalent
1938 $434
1937 $422
1936 $416
1935 $404
1934 $398
1933 $395
1932 $440
1931 $485
1930 $519
1929 $516
1928 $522
1927 $534
1926 $540
1925 $522
1924 $522
1923 $510
1922 $522
1921 $585
1920 $570
1919 $497
1918 $413
1917 $350
1916 $311
1915 $305
1914 $302