Calculate the Value of $31,000 in 1998

What is $31k in 1998 money adjusted for inflation? Convert $31,000 from 1998 dollars to 2024 dollars.
Amount
$
From
To
$58,953
Adjusted for inflation, $31,000 in 1998 is equal to $58,953 in 2024.
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 1998 dollars worth?
Year Equivalent
2024 $58,953
2023 $57,041
2022 $53,583
2021 $50,060
2020 $49,387
2019 $48,284
2018 $47,379
2017 $46,400
2016 $45,457
2015 $45,128
2014 $44,789
2013 $44,127
2012 $43,372
2011 $42,124
2010 $41,503
2009 $40,403
2008 $40,366
2007 $38,784
2006 $37,823
2005 $36,573
2004 $35,420
2003 $34,767
2002 $33,960
2001 $33,441
2000 $32,345
1999 $31,500
1998 $31,000
1997 $30,481
Year Equivalent
1996 $29,501
1995 $28,771
1994 $28,021
1993 $27,272
1992 $26,503
1991 $25,715
1990 $24,235
1989 $23,159
1988 $22,179
1987 $21,237
1986 $21,006
1985 $20,237
1984 $19,469
1983 $18,758
1982 $18,066
1981 $16,586
1980 $14,741
1979 $13,011
1978 $11,935
1977 $11,185
1976 $10,666
1975 $9,975
1974 $8,879
1973 $8,168
1972 $7,899
1971 $7,649
1970 $7,246
1969 $6,823
Year Equivalent
1968 $6,515
1967 $6,323
1966 $6,112
1965 $5,996
1964 $5,939
1963 $5,843
1962 $5,766
1961 $5,727
1960 $5,650
1959 $5,554
1958 $5,458
1957 $5,304
1956 $5,151
1955 $5,131
1954 $5,170
1953 $5,131
1952 $5,093
1951 $4,805
1950 $4,536
1949 $4,632
1948 $4,497
1947 $4,132
1946 $3,498
1945 $3,421
1944 $3,344
1943 $3,248
1942 $2,979
1941 $2,710
Year Equivalent
1940 $2,691
1939 $2,691
1938 $2,768
1937 $2,691
1936 $2,652
1935 $2,575
1934 $2,537
1933 $2,518
1932 $2,806
1931 $3,094
1930 $3,306
1929 $3,286
1928 $3,325
1927 $3,402
1926 $3,440
1925 $3,325
1924 $3,325
1923 $3,248
1922 $3,325
1921 $3,728
1920 $3,632
1919 $3,171
1918 $2,633
1917 $2,229
1916 $1,980
1915 $1,941
1914 $1,922