Calculate the Value of $16,000 in 1998

What is $16k in 1998 worth in today's money?
Amount
$
From
To
$27,655
Adjusted for inflation, $16,000 in 1998 is equal to $27,655 in 2022.
Annual inflation over this period was 2.31%.
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 1998 dollars worth?
Year Equivalent
2022 $27,655
2021 $25,837
2020 $25,490
2019 $24,921
2018 $24,454
2017 $23,949
2016 $23,462
2015 $23,292
2014 $23,117
2013 $22,775
2012 $22,385
2011 $21,741
2010 $21,421
2009 $20,853
2008 $20,834
2007 $20,017
2006 $19,521
2005 $18,877
2004 $18,281
2003 $17,944
2002 $17,528
2001 $17,260
2000 $16,694
1999 $16,258
1998 $16,000
1997 $15,732
1996 $15,226
1995 $14,849
Year Equivalent
1994 $14,462
1993 $14,076
1992 $13,679
1991 $13,272
1990 $12,508
1989 $11,953
1988 $11,447
1987 $10,961
1986 $10,842
1985 $10,445
1984 $10,048
1983 $9,681
1982 $9,324
1981 $8,560
1980 $7,608
1979 $6,715
1978 $6,160
1977 $5,773
1976 $5,505
1975 $5,148
1974 $4,583
1973 $4,216
1972 $4,077
1971 $3,948
1970 $3,740
1969 $3,521
1968 $3,363
1967 $3,263
Year Equivalent
1966 $3,154
1965 $3,095
1964 $3,065
1963 $3,015
1962 $2,976
1961 $2,956
1960 $2,916
1959 $2,867
1958 $2,817
1957 $2,738
1956 $2,658
1955 $2,648
1954 $2,668
1953 $2,648
1952 $2,629
1951 $2,480
1950 $2,341
1949 $2,391
1948 $2,321
1947 $2,133
1946 $1,805
1945 $1,766
1944 $1,726
1943 $1,676
1942 $1,538
1941 $1,399
1940 $1,389
1939 $1,389
Year Equivalent
1938 $1,428
1937 $1,389
1936 $1,369
1935 $1,329
1934 $1,309
1933 $1,299
1932 $1,448
1931 $1,597
1930 $1,706
1929 $1,696
1928 $1,716
1927 $1,756
1926 $1,776
1925 $1,716
1924 $1,716
1923 $1,676
1922 $1,716
1921 $1,924
1920 $1,875
1919 $1,637
1918 $1,359
1917 $1,151
1916 $1,022
1915 $1,002
1914 $992