Calculate the Value of $488 in 1961

What is 488 dollars in 1961 money adjusted for inflation? Convert $488 from 1961 dollars to 2024 dollars.
Amount
$
From
To
$5,023
Adjusted for inflation, $488 in 1961 is equal to $5,023 in 2024.
Annual inflation over this period was 3.77%.
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 1961 dollars worth?
Year Equivalent
2024 $5,023
2023 $4,860
2022 $4,566
2021 $4,265
2020 $4,208
2019 $4,114
2018 $4,037
2017 $3,954
2016 $3,873
2015 $3,845
2014 $3,816
2013 $3,760
2012 $3,696
2011 $3,589
2010 $3,536
2009 $3,443
2008 $3,440
2007 $3,305
2006 $3,223
2005 $3,116
2004 $3,018
2003 $2,962
2002 $2,894
2001 $2,849
2000 $2,756
1999 $2,684
1998 $2,641
1997 $2,597
Year Equivalent
1996 $2,514
1995 $2,451
1994 $2,388
1993 $2,324
1992 $2,258
1991 $2,191
1990 $2,065
1989 $1,973
1988 $1,890
1987 $1,810
1986 $1,790
1985 $1,724
1984 $1,659
1983 $1,598
1982 $1,539
1981 $1,413
1980 $1,256
1979 $1,109
1978 $1,017
1977 $953
1976 $909
1975 $850
1974 $757
1973 $696
1972 $673
1971 $652
1970 $617
1969 $581
Year Equivalent
1968 $555
1967 $539
1966 $521
1965 $511
1964 $506
1963 $498
1962 $491
1961 $488
1960 $481
1959 $473
1958 $465
1957 $452
1956 $439
1955 $437
1954 $441
1953 $437
1952 $434
1951 $409
1950 $386
1949 $395
1948 $383
1947 $352
1946 $298
1945 $291
1944 $285
1943 $277
1942 $254
1941 $231
Year Equivalent
1940 $229
1939 $229
1938 $236
1937 $229
1936 $226
1935 $219
1934 $216
1933 $215
1932 $239
1931 $264
1930 $282
1929 $280
1928 $283
1927 $290
1926 $293
1925 $283
1924 $283
1923 $277
1922 $283
1921 $318
1920 $310
1919 $270
1918 $224
1917 $190
1916 $169
1915 $165
1914 $164