Calculate the Value of $20,000 in 1997

What is $20k in 1997 money adjusted for inflation? Convert $20,000 from 1997 dollars to 2024 dollars.
Amount
$
From
To
$38,682
Adjusted for inflation, $20,000 in 1997 is equal to $38,682 in 2024.
Annual inflation over this period was 2.47%.
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 1997 dollars worth?
Year Equivalent
2024 $38,682
2023 $37,427
2022 $35,158
2021 $32,847
2020 $32,405
2019 $31,681
2018 $31,088
2017 $30,445
2016 $29,827
2015 $29,611
2014 $29,388
2013 $28,953
2012 $28,458
2011 $27,639
2010 $27,232
2009 $26,510
2008 $26,486
2007 $25,448
2006 $24,817
2005 $23,997
2004 $23,241
2003 $22,812
2002 $22,282
2001 $21,942
2000 $21,223
1999 $20,668
1998 $20,340
1997 $20,000
Year Equivalent
1996 $19,357
1995 $18,878
1994 $18,386
1993 $17,894
1992 $17,390
1991 $16,873
1990 $15,902
1989 $15,195
1988 $14,552
1987 $13,934
1986 $13,783
1985 $13,279
1984 $12,774
1983 $12,308
1982 $11,854
1981 $10,883
1980 $9,672
1979 $8,537
1978 $7,831
1977 $7,339
1976 $6,999
1975 $6,545
1974 $5,826
1973 $5,359
1972 $5,183
1971 $5,019
1970 $4,754
1969 $4,477
Year Equivalent
1968 $4,275
1967 $4,149
1966 $4,010
1965 $3,934
1964 $3,897
1963 $3,834
1962 $3,783
1961 $3,758
1960 $3,707
1959 $3,644
1958 $3,581
1957 $3,480
1956 $3,380
1955 $3,367
1954 $3,392
1953 $3,367
1952 $3,342
1951 $3,153
1950 $2,976
1949 $3,039
1948 $2,951
1947 $2,711
1946 $2,295
1945 $2,245
1944 $2,194
1943 $2,131
1942 $1,955
1941 $1,778
Year Equivalent
1940 $1,765
1939 $1,765
1938 $1,816
1937 $1,765
1936 $1,740
1935 $1,690
1934 $1,665
1933 $1,652
1932 $1,841
1931 $2,030
1930 $2,169
1929 $2,156
1928 $2,182
1927 $2,232
1926 $2,257
1925 $2,182
1924 $2,182
1923 $2,131
1922 $2,182
1921 $2,446
1920 $2,383
1919 $2,081
1918 $1,728
1917 $1,463
1916 $1,299
1915 $1,274
1914 $1,261