Calculate the Value of $16,000 in 1988

What is $16k in 1988 worth in today's money?
Amount
$
From
To
$38,655
Adjusted for inflation, $16,000 in 1988 is equal to $38,655 in 2022.
Annual inflation over this period was 2.63%.
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 $16,000 in 1988 dollars worth?
Year Equivalent
2022 $38,655
2021 $36,114
2020 $35,629
2019 $34,833
2018 $34,180
2017 $33,474
2016 $32,794
2015 $32,556
2014 $32,312
2013 $31,834
2012 $31,289
2011 $30,389
2010 $29,941
2009 $29,148
2008 $29,121
2007 $27,979
2006 $27,286
2005 $26,385
2004 $25,553
2003 $25,081
2002 $24,499
2001 $24,125
2000 $23,334
1999 $22,724
1998 $22,364
1997 $21,990
1996 $21,282
1995 $20,756
Year Equivalent
1994 $20,215
1993 $19,674
1992 $19,120
1991 $18,551
1990 $17,484
1989 $16,707
1988 $16,000
1987 $15,321
1986 $15,154
1985 $14,600
1984 $14,045
1983 $13,532
1982 $13,033
1981 $11,965
1980 $10,634
1979 $9,386
1978 $8,610
1977 $8,069
1976 $7,695
1975 $7,196
1974 $6,406
1973 $5,893
1972 $5,698
1971 $5,518
1970 $5,227
1969 $4,922
1968 $4,700
1967 $4,562
Year Equivalent
1966 $4,409
1965 $4,326
1964 $4,284
1963 $4,215
1962 $4,159
1961 $4,132
1960 $4,076
1959 $4,007
1958 $3,938
1957 $3,827
1956 $3,716
1955 $3,702
1954 $3,730
1953 $3,702
1952 $3,674
1951 $3,466
1950 $3,272
1949 $3,341
1948 $3,244
1947 $2,981
1946 $2,523
1945 $2,468
1944 $2,412
1943 $2,343
1942 $2,149
1941 $1,955
1940 $1,941
1939 $1,941
Year Equivalent
1938 $1,997
1937 $1,941
1936 $1,913
1935 $1,858
1934 $1,830
1933 $1,816
1932 $2,024
1931 $2,232
1930 $2,385
1929 $2,371
1928 $2,399
1927 $2,454
1926 $2,482
1925 $2,399
1924 $2,399
1923 $2,343
1922 $2,399
1921 $2,690
1920 $2,620
1919 $2,288
1918 $1,899
1917 $1,608
1916 $1,428
1915 $1,400
1914 $1,386