Calculate the Value of $500,000 in 1987

What is $500k in 1987 money adjusted for inflation? Convert $500,000 from 1987 dollars to 2024 dollars.
Amount
$
From
To
$1,387,991
Adjusted for inflation, $500,000 in 1987 is equal to $1,387,991 in 2024.
Annual inflation over this period was 2.80%.
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 $500,000 in 1987 dollars worth?
Year Equivalent
2024 $1,387,991
2023 $1,342,973
2022 $1,261,548
2021 $1,178,615
2020 $1,162,778
2019 $1,136,801
2018 $1,115,493
2017 $1,092,452
2016 $1,070,249
2015 $1,062,498
2014 $1,054,520
2013 $1,038,919
2012 $1,021,140
2011 $991,760
2010 $977,145
2009 $951,258
2008 $950,389
2007 $913,122
2006 $890,498
2005 $861,086
2004 $833,937
2003 $818,552
2002 $799,548
2001 $787,330
2000 $761,538
1999 $741,629
1998 $729,864
1997 $717,647
Year Equivalent
1996 $694,570
1995 $677,376
1994 $659,729
1993 $642,081
1992 $623,982
1991 $605,430
1990 $570,588
1989 $545,249
1988 $522,172
1987 $500,000
1986 $494,570
1985 $476,471
1984 $458,371
1983 $441,629
1982 $425,339
1981 $390,498
1980 $347,059
1979 $306,335
1978 $280,995
1977 $263,348
1976 $251,131
1975 $234,842
1974 $209,050
1973 $192,308
1972 $185,973
1971 $180,090
1970 $170,588
1969 $160,633
Year Equivalent
1968 $153,394
1967 $148,869
1966 $143,891
1965 $141,176
1964 $139,819
1963 $137,557
1962 $135,747
1961 $134,842
1960 $133,032
1959 $130,769
1958 $128,507
1957 $124,887
1956 $121,267
1955 $120,814
1954 $121,719
1953 $120,814
1952 $119,910
1951 $113,122
1950 $106,787
1949 $109,050
1948 $105,882
1947 $97,285
1946 $82,353
1945 $80,543
1944 $78,733
1943 $76,471
1942 $70,136
1941 $63,801
Year Equivalent
1940 $63,348
1939 $63,348
1938 $65,158
1937 $63,348
1936 $62,443
1935 $60,633
1934 $59,729
1933 $59,276
1932 $66,063
1931 $72,851
1930 $77,828
1929 $77,376
1928 $78,281
1927 $80,090
1926 $80,995
1925 $78,281
1924 $78,281
1923 $76,471
1922 $78,281
1921 $87,783
1920 $85,520
1919 $74,661
1918 $61,991
1917 $52,489
1916 $46,606
1915 $45,701
1914 $45,249