Calculate the Value of $488 in 1948

What is 488 dollars in 1948 money adjusted for inflation? Convert $488 from 1948 dollars to 2024 dollars.
Amount
$
From
To
$6,397
Adjusted for inflation, $488 in 1948 is equal to $6,397 in 2024.
Annual inflation over this period was 3.44%.
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 $488 in 1948 dollars worth?
Year Equivalent
2024 $6,397
2023 $6,190
2022 $5,814
2021 $5,432
2020 $5,359
2019 $5,239
2018 $5,141
2017 $5,035
2016 $4,933
2015 $4,897
2014 $4,860
2013 $4,788
2012 $4,706
2011 $4,571
2010 $4,504
2009 $4,384
2008 $4,380
2007 $4,208
2006 $4,104
2005 $3,969
2004 $3,844
2003 $3,773
2002 $3,685
2001 $3,629
2000 $3,510
1999 $3,418
1998 $3,364
1997 $3,308
Year Equivalent
1996 $3,201
1995 $3,122
1994 $3,041
1993 $2,959
1992 $2,876
1991 $2,790
1990 $2,630
1989 $2,513
1988 $2,407
1987 $2,304
1986 $2,279
1985 $2,196
1984 $2,113
1983 $2,035
1982 $1,960
1981 $1,800
1980 $1,600
1979 $1,412
1978 $1,295
1977 $1,214
1976 $1,157
1975 $1,082
1974 $963
1973 $886
1972 $857
1971 $830
1970 $786
1969 $740
Year Equivalent
1968 $707
1967 $686
1966 $663
1965 $651
1964 $644
1963 $634
1962 $626
1961 $621
1960 $613
1959 $603
1958 $592
1957 $576
1956 $559
1955 $557
1954 $561
1953 $557
1952 $553
1951 $521
1950 $492
1949 $503
1948 $488
1947 $448
1946 $380
1945 $371
1944 $363
1943 $352
1942 $323
1941 $294
Year Equivalent
1940 $292
1939 $292
1938 $300
1937 $292
1936 $288
1935 $279
1934 $275
1933 $273
1932 $304
1931 $336
1930 $359
1929 $357
1928 $361
1927 $369
1926 $373
1925 $361
1924 $361
1923 $352
1922 $361
1921 $405
1920 $394
1919 $344
1918 $286
1917 $242
1916 $215
1915 $211
1914 $209