Calculate the Value of $20,000 in 1998

What is $20k in 1998 worth in today's money?
Amount
$
From
To
$32,297
Adjusted for inflation, $20,000 in 1998 is equal to $32,297 in 2021.
Annual inflation over this period was 2.11%.
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 1998 dollars worth?
Year Equivalent
2021 $32,297
2020 $31,863
2019 $31,151
2018 $30,567
2017 $29,936
2016 $29,327
2015 $29,115
2014 $28,896
2013 $28,469
2012 $27,982
2011 $27,177
2010 $26,776
2009 $26,067
2008 $26,043
2007 $25,022
2006 $24,402
2005 $23,596
2004 $22,852
2003 $22,430
2002 $21,909
2001 $21,575
2000 $20,868
1999 $20,322
1998 $20,000
1997 $19,665
1996 $19,033
1995 $18,562
Year Equivalent
1994 $18,078
1993 $17,595
1992 $17,099
1991 $16,590
1990 $15,635
1989 $14,941
1988 $14,309
1987 $13,701
1986 $13,552
1985 $13,056
1984 $12,560
1983 $12,102
1982 $11,655
1981 $10,701
1980 $9,510
1979 $8,394
1978 $7,700
1977 $7,216
1976 $6,882
1975 $6,435
1974 $5,728
1973 $5,270
1972 $5,096
1971 $4,935
1970 $4,675
1969 $4,402
1968 $4,203
Year Equivalent
1967 $4,079
1966 $3,943
1965 $3,869
1964 $3,831
1963 $3,769
1962 $3,720
1961 $3,695
1960 $3,645
1959 $3,583
1958 $3,521
1957 $3,422
1956 $3,323
1955 $3,311
1954 $3,335
1953 $3,311
1952 $3,286
1951 $3,100
1950 $2,926
1949 $2,988
1948 $2,901
1947 $2,666
1946 $2,257
1945 $2,207
1944 $2,157
1943 $2,095
1942 $1,922
1941 $1,748
Year Equivalent
1940 $1,736
1939 $1,736
1938 $1,785
1937 $1,736
1936 $1,711
1935 $1,662
1934 $1,637
1933 $1,624
1932 $1,810
1931 $1,996
1930 $2,133
1929 $2,120
1928 $2,145
1927 $2,195
1926 $2,219
1925 $2,145
1924 $2,145
1923 $2,095
1922 $2,145
1921 $2,405
1920 $2,343
1919 $2,046
1918 $1,699
1917 $1,438
1916 $1,277
1915 $1,252
1914 $1,240