Calculate the Value of $488 in 1954

What is 488 dollars in 1954 money adjusted for inflation? Convert $488 from 1954 dollars to 2024 dollars.
Amount
$
From
To
$5,565
Adjusted for inflation, $488 in 1954 is equal to $5,565 in 2024.
Annual inflation over this period was 3.54%.
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 1954 dollars worth?
Year Equivalent
2024 $5,565
2023 $5,384
2022 $5,058
2021 $4,725
2020 $4,662
2019 $4,558
2018 $4,472
2017 $4,380
2016 $4,291
2015 $4,260
2014 $4,228
2013 $4,165
2012 $4,094
2011 $3,976
2010 $3,918
2009 $3,814
2008 $3,810
2007 $3,661
2006 $3,570
2005 $3,452
2004 $3,343
2003 $3,282
2002 $3,206
2001 $3,157
2000 $3,053
1999 $2,973
1998 $2,926
1997 $2,877
Year Equivalent
1996 $2,785
1995 $2,716
1994 $2,645
1993 $2,574
1992 $2,502
1991 $2,427
1990 $2,288
1989 $2,186
1988 $2,094
1987 $2,005
1986 $1,983
1985 $1,910
1984 $1,838
1983 $1,771
1982 $1,705
1981 $1,566
1980 $1,391
1979 $1,228
1978 $1,127
1977 $1,056
1976 $1,007
1975 $942
1974 $838
1973 $771
1972 $746
1971 $722
1970 $684
1969 $644
Year Equivalent
1968 $615
1967 $597
1966 $577
1965 $566
1964 $561
1963 $551
1962 $544
1961 $541
1960 $533
1959 $524
1958 $515
1957 $501
1956 $486
1955 $484
1954 $488
1953 $484
1952 $481
1951 $454
1950 $428
1949 $437
1948 $425
1947 $390
1946 $330
1945 $323
1944 $316
1943 $307
1942 $281
1941 $256
Year Equivalent
1940 $254
1939 $254
1938 $261
1937 $254
1936 $250
1935 $243
1934 $239
1933 $238
1932 $265
1931 $292
1930 $312
1929 $310
1928 $314
1927 $321
1926 $325
1925 $314
1924 $314
1923 $307
1922 $314
1921 $352
1920 $343
1919 $299
1918 $249
1917 $210
1916 $187
1915 $183
1914 $181