Calculate the Value of $23,000 in 1988

What is $23k in 1988 money adjusted for inflation? Convert $23,000 from 1988 dollars to 2024 dollars.
Amount
$
From
To
$61,137
Adjusted for inflation, $23,000 in 1988 is equal to $61,137 in 2024.
Annual inflation over this period was 2.75%.
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 $23,000 in 1988 dollars worth?
Year Equivalent
2024 $61,137
2023 $59,154
2022 $55,567
2021 $51,914
2020 $51,217
2019 $50,072
2018 $49,134
2017 $48,119
2016 $47,141
2015 $46,800
2014 $46,448
2013 $45,761
2012 $44,978
2011 $43,684
2010 $43,040
2009 $41,900
2008 $41,862
2007 $40,220
2006 $39,224
2005 $37,928
2004 $36,732
2003 $36,055
2002 $35,218
2001 $34,679
2000 $33,543
1999 $32,666
1998 $32,148
1997 $31,610
Year Equivalent
1996 $30,594
1995 $29,836
1994 $29,059
1993 $28,282
1992 $27,484
1991 $26,667
1990 $25,133
1989 $24,016
1988 $23,000
1987 $22,023
1986 $21,784
1985 $20,987
1984 $20,190
1983 $19,452
1982 $18,735
1981 $17,200
1980 $15,287
1979 $13,493
1978 $12,377
1977 $11,600
1976 $11,062
1975 $10,344
1974 $9,208
1973 $8,471
1972 $8,192
1971 $7,932
1970 $7,514
1969 $7,075
Year Equivalent
1968 $6,756
1967 $6,557
1966 $6,338
1965 $6,218
1964 $6,159
1963 $6,059
1962 $5,979
1961 $5,939
1960 $5,860
1959 $5,760
1958 $5,660
1957 $5,501
1956 $5,341
1955 $5,321
1954 $5,361
1953 $5,321
1952 $5,282
1951 $4,983
1950 $4,704
1949 $4,803
1948 $4,664
1947 $4,285
1946 $3,627
1945 $3,548
1944 $3,468
1943 $3,368
1942 $3,089
1941 $2,810
Year Equivalent
1940 $2,790
1939 $2,790
1938 $2,870
1937 $2,790
1936 $2,750
1935 $2,671
1934 $2,631
1933 $2,611
1932 $2,910
1931 $3,209
1930 $3,428
1929 $3,408
1928 $3,448
1927 $3,528
1926 $3,568
1925 $3,448
1924 $3,448
1923 $3,368
1922 $3,448
1921 $3,867
1920 $3,767
1919 $3,289
1918 $2,731
1917 $2,312
1916 $2,053
1915 $2,013
1914 $1,993