Calculate the Value of $12,000 in 1998

What is $12k in 1998 money adjusted for inflation? Convert $12,000 from 1998 dollars to 2024 dollars.
Amount
$
From
To
$22,821
Adjusted for inflation, $12,000 in 1998 is equal to $22,821 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 $12,000 in 1998 dollars worth?
Year Equivalent
2024 $22,821
2023 $22,080
2022 $20,742
2021 $19,378
2020 $19,118
2019 $18,691
2018 $18,340
2017 $17,961
2016 $17,596
2015 $17,469
2014 $17,338
2013 $17,081
2012 $16,789
2011 $16,306
2010 $16,066
2009 $15,640
2008 $15,626
2007 $15,013
2006 $14,641
2005 $14,157
2004 $13,711
2003 $13,458
2002 $13,146
2001 $12,945
2000 $12,521
1999 $12,193
1998 $12,000
1997 $11,799
Year Equivalent
1996 $11,420
1995 $11,137
1994 $10,847
1993 $10,557
1992 $10,259
1991 $9,954
1990 $9,381
1989 $8,965
1988 $8,585
1987 $8,221
1986 $8,131
1985 $7,834
1984 $7,536
1983 $7,261
1982 $6,993
1981 $6,420
1980 $5,706
1979 $5,037
1978 $4,620
1977 $4,330
1976 $4,129
1975 $3,861
1974 $3,437
1973 $3,162
1972 $3,058
1971 $2,961
1970 $2,805
1969 $2,641
Year Equivalent
1968 $2,522
1967 $2,448
1966 $2,366
1965 $2,321
1964 $2,299
1963 $2,262
1962 $2,232
1961 $2,217
1960 $2,187
1959 $2,150
1958 $2,113
1957 $2,053
1956 $1,994
1955 $1,986
1954 $2,001
1953 $1,986
1952 $1,971
1951 $1,860
1950 $1,756
1949 $1,793
1948 $1,741
1947 $1,600
1946 $1,354
1945 $1,324
1944 $1,294
1943 $1,257
1942 $1,153
1941 $1,049
Year Equivalent
1940 $1,042
1939 $1,042
1938 $1,071
1937 $1,042
1936 $1,027
1935 $997
1934 $982
1933 $975
1932 $1,086
1931 $1,198
1930 $1,280
1929 $1,272
1928 $1,287
1927 $1,317
1926 $1,332
1925 $1,287
1924 $1,287
1923 $1,257
1922 $1,287
1921 $1,443
1920 $1,406
1919 $1,228
1918 $1,019
1917 $863
1916 $766
1915 $751
1914 $744