Calculate the Value of $488 in 1953

What is 488 dollars in 1953 money adjusted for inflation? Convert $488 from 1953 dollars to 2024 dollars.
Amount
$
From
To
$5,606
Adjusted for inflation, $488 in 1953 is equal to $5,606 in 2024.
Annual inflation over this period was 3.50%.
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 $488 in 1953 dollars worth?
Year Equivalent
2024 $5,606
2023 $5,425
2022 $5,096
2021 $4,761
2020 $4,697
2019 $4,592
2018 $4,506
2017 $4,413
2016 $4,323
2015 $4,292
2014 $4,259
2013 $4,196
2012 $4,125
2011 $4,006
2010 $3,947
2009 $3,842
2008 $3,839
2007 $3,688
2006 $3,597
2005 $3,478
2004 $3,368
2003 $3,306
2002 $3,230
2001 $3,180
2000 $3,076
1999 $2,996
1998 $2,948
1997 $2,899
Year Equivalent
1996 $2,806
1995 $2,736
1994 $2,665
1993 $2,594
1992 $2,520
1991 $2,445
1990 $2,305
1989 $2,202
1988 $2,109
1987 $2,020
1986 $1,998
1985 $1,925
1984 $1,851
1983 $1,784
1982 $1,718
1981 $1,577
1980 $1,402
1979 $1,237
1978 $1,135
1977 $1,064
1976 $1,014
1975 $949
1974 $844
1973 $777
1972 $751
1971 $727
1970 $689
1969 $649
Year Equivalent
1968 $620
1967 $601
1966 $581
1965 $570
1964 $565
1963 $556
1962 $548
1961 $545
1960 $537
1959 $528
1958 $519
1957 $504
1956 $490
1955 $488
1954 $492
1953 $488
1952 $484
1951 $457
1950 $431
1949 $440
1948 $428
1947 $393
1946 $333
1945 $325
1944 $318
1943 $309
1942 $283
1941 $258
Year Equivalent
1940 $256
1939 $256
1938 $263
1937 $256
1936 $252
1935 $245
1934 $241
1933 $239
1932 $267
1931 $294
1930 $314
1929 $313
1928 $316
1927 $324
1926 $327
1925 $316
1924 $316
1923 $309
1922 $316
1921 $355
1920 $345
1919 $302
1918 $250
1917 $212
1916 $188
1915 $185
1914 $183