Calculate the Value of $20,000 in 1988

What is $20k in 1988 worth in today's money?
Amount
$
From
To
$45,143
Adjusted for inflation, $20,000 in 1988 is equal to $45,143 in 2021.
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 $20,000 in 1988 dollars worth?
Year Equivalent
2021 $45,143
2020 $44,536
2019 $43,541
2018 $42,725
2017 $41,843
2016 $40,992
2015 $40,695
2014 $40,390
2013 $39,792
2012 $39,111
2011 $37,986
2010 $37,426
2009 $36,435
2008 $36,401
2007 $34,974
2006 $34,107
2005 $32,981
2004 $31,941
2003 $31,352
2002 $30,624
2001 $30,156
2000 $29,168
1999 $28,406
1998 $27,955
1997 $27,487
1996 $26,603
1995 $25,945
Year Equivalent
1994 $25,269
1993 $24,593
1992 $23,899
1991 $23,189
1990 $21,854
1989 $20,884
1988 $20,000
1987 $19,151
1986 $18,943
1985 $18,250
1984 $17,556
1983 $16,915
1982 $16,291
1981 $14,957
1980 $13,293
1979 $11,733
1978 $10,763
1977 $10,087
1976 $9,619
1975 $8,995
1974 $8,007
1973 $7,366
1972 $7,123
1971 $6,898
1970 $6,534
1969 $6,153
1968 $5,875
Year Equivalent
1967 $5,702
1966 $5,511
1965 $5,407
1964 $5,355
1963 $5,269
1962 $5,199
1961 $5,165
1960 $5,095
1959 $5,009
1958 $4,922
1957 $4,783
1956 $4,645
1955 $4,627
1954 $4,662
1953 $4,627
1952 $4,593
1951 $4,333
1950 $4,090
1949 $4,177
1948 $4,055
1947 $3,726
1946 $3,154
1945 $3,085
1944 $3,016
1943 $2,929
1942 $2,686
1941 $2,444
Year Equivalent
1940 $2,426
1939 $2,426
1938 $2,496
1937 $2,426
1936 $2,392
1935 $2,322
1934 $2,288
1933 $2,270
1932 $2,530
1931 $2,790
1930 $2,981
1929 $2,964
1928 $2,998
1927 $3,068
1926 $3,102
1925 $2,998
1924 $2,998
1923 $2,929
1922 $2,998
1921 $3,362
1920 $3,276
1919 $2,860
1918 $2,374
1917 $2,010
1916 $1,785
1915 $1,750
1914 $1,733