Calculate the Value of $4,500 in 1988

What is $4.5k in 1988 money adjusted for inflation? Convert $4,500 from 1988 dollars to 2024 dollars.
Amount
$
From
To
$11,961
Adjusted for inflation, $4,500 in 1988 is equal to $11,961 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 $4,500 in 1988 dollars worth?
Year Equivalent
2024 $11,961
2023 $11,574
2022 $10,872
2021 $10,157
2020 $10,021
2019 $9,797
2018 $9,613
2017 $9,415
2016 $9,223
2015 $9,156
2014 $9,088
2013 $8,953
2012 $8,800
2011 $8,547
2010 $8,421
2009 $8,198
2008 $8,190
2007 $7,869
2006 $7,674
2005 $7,421
2004 $7,187
2003 $7,054
2002 $6,890
2001 $6,785
2000 $6,563
1999 $6,391
1998 $6,290
1997 $6,185
Year Equivalent
1996 $5,986
1995 $5,838
1994 $5,685
1993 $5,533
1992 $5,377
1991 $5,218
1990 $4,917
1989 $4,699
1988 $4,500
1987 $4,309
1986 $4,262
1985 $4,106
1984 $3,950
1983 $3,806
1982 $3,666
1981 $3,365
1980 $2,991
1979 $2,640
1978 $2,422
1977 $2,269
1976 $2,164
1975 $2,024
1974 $1,802
1973 $1,657
1972 $1,603
1971 $1,552
1970 $1,470
1969 $1,384
Year Equivalent
1968 $1,322
1967 $1,283
1966 $1,240
1965 $1,217
1964 $1,205
1963 $1,185
1962 $1,170
1961 $1,162
1960 $1,146
1959 $1,127
1958 $1,107
1957 $1,076
1956 $1,045
1955 $1,041
1954 $1,049
1953 $1,041
1952 $1,033
1951 $975
1950 $920
1949 $940
1948 $912
1947 $838
1946 $710
1945 $694
1944 $679
1943 $659
1942 $604
1941 $550
Year Equivalent
1940 $546
1939 $546
1938 $562
1937 $546
1936 $538
1935 $523
1934 $515
1933 $511
1932 $569
1931 $628
1930 $671
1929 $667
1928 $675
1927 $690
1926 $698
1925 $675
1924 $675
1923 $659
1922 $675
1921 $756
1920 $737
1919 $643
1918 $534
1917 $452
1916 $402
1915 $394
1914 $390