Calculate the Value of $31,000 in 1988

What is $31k in 1988 worth in today's money?
Amount
$
From
To
$69,971
Adjusted for inflation, $31,000 in 1988 is equal to $69,971 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 $31,000 in 1988 dollars worth?
Year Equivalent
2021 $69,971
2020 $69,031
2019 $67,489
2018 $66,224
2017 $64,856
2016 $63,538
2015 $63,078
2014 $62,604
2013 $61,678
2012 $60,622
2011 $58,878
2010 $58,011
2009 $56,474
2008 $56,422
2007 $54,210
2006 $52,867
2005 $51,120
2004 $49,509
2003 $48,595
2002 $47,467
2001 $46,742
2000 $45,211
1999 $44,029
1998 $43,330
1997 $42,605
1996 $41,235
1995 $40,214
Year Equivalent
1994 $39,166
1993 $38,119
1992 $37,044
1991 $35,943
1990 $33,874
1989 $32,370
1988 $31,000
1987 $29,684
1986 $29,361
1985 $28,287
1984 $27,212
1983 $26,218
1982 $25,251
1981 $23,183
1980 $20,604
1979 $18,186
1978 $16,682
1977 $15,634
1976 $14,909
1975 $13,942
1974 $12,411
1973 $11,417
1972 $11,041
1971 $10,692
1970 $10,127
1969 $9,536
1968 $9,107
Year Equivalent
1967 $8,838
1966 $8,542
1965 $8,381
1964 $8,301
1963 $8,166
1962 $8,059
1961 $8,005
1960 $7,898
1959 $7,763
1958 $7,629
1957 $7,414
1956 $7,199
1955 $7,172
1954 $7,226
1953 $7,172
1952 $7,119
1951 $6,716
1950 $6,340
1949 $6,474
1948 $6,286
1947 $5,776
1946 $4,889
1945 $4,782
1944 $4,674
1943 $4,540
1942 $4,164
1941 $3,788
Year Equivalent
1940 $3,761
1939 $3,761
1938 $3,868
1937 $3,761
1936 $3,707
1935 $3,600
1934 $3,546
1933 $3,519
1932 $3,922
1931 $4,325
1930 $4,620
1929 $4,594
1928 $4,647
1927 $4,755
1926 $4,808
1925 $4,647
1924 $4,647
1923 $4,540
1922 $4,647
1921 $5,211
1920 $5,077
1919 $4,432
1918 $3,680
1917 $3,116
1916 $2,767
1915 $2,713
1914 $2,686