Calculate the Value of $16,000 in 2008

What is $16k in 2008 money adjusted for inflation? Convert $16,000 from 2008 dollars to 2024 dollars.
Amount
$
From
To
$23,367
Adjusted for inflation, $16,000 in 2008 is equal to $23,367 in 2024.
Annual inflation over this period was 2.40%.
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 2008 dollars worth?
Year Equivalent
2024 $23,367
2023 $22,609
2022 $21,238
2021 $19,842
2020 $19,576
2019 $19,138
2018 $18,780
2017 $18,392
2016 $18,018
2015 $17,887
2014 $17,753
2013 $17,490
2012 $17,191
2011 $16,696
2010 $16,450
2009 $16,015
2008 $16,000
2007 $15,373
2006 $14,992
2005 $14,497
2004 $14,039
2003 $13,780
2002 $13,461
2001 $13,255
2000 $12,821
1999 $12,485
1998 $12,287
1997 $12,082
Year Equivalent
1996 $11,693
1995 $11,404
1994 $11,107
1993 $10,810
1992 $10,505
1991 $10,193
1990 $9,606
1989 $9,179
1988 $8,791
1987 $8,418
1986 $8,326
1985 $8,021
1984 $7,717
1983 $7,435
1982 $7,161
1981 $6,574
1980 $5,843
1979 $5,157
1978 $4,731
1977 $4,434
1976 $4,228
1975 $3,954
1974 $3,519
1973 $3,238
1972 $3,131
1971 $3,032
1970 $2,872
1969 $2,704
Year Equivalent
1968 $2,582
1967 $2,506
1966 $2,422
1965 $2,377
1964 $2,354
1963 $2,316
1962 $2,285
1961 $2,270
1960 $2,240
1959 $2,202
1958 $2,163
1957 $2,102
1956 $2,042
1955 $2,034
1954 $2,049
1953 $2,034
1952 $2,019
1951 $1,904
1950 $1,798
1949 $1,836
1948 $1,783
1947 $1,638
1946 $1,386
1945 $1,356
1944 $1,325
1943 $1,287
1942 $1,181
1941 $1,074
Year Equivalent
1940 $1,066
1939 $1,066
1938 $1,097
1937 $1,066
1936 $1,051
1935 $1,021
1934 $1,006
1933 $998
1932 $1,112
1931 $1,226
1930 $1,310
1929 $1,303
1928 $1,318
1927 $1,348
1926 $1,364
1925 $1,318
1924 $1,318
1923 $1,287
1922 $1,318
1921 $1,478
1920 $1,440
1919 $1,257
1918 $1,044
1917 $884
1916 $785
1915 $769
1914 $762