Calculate the Value of $500,000 in 1988

What is $500k in 1988 worth in today's money?
Amount
$
From
To
$1,285,949
Adjusted for inflation, $500,000 in 1988 is equal to $1,285,949 in 2023.
Annual inflation over this period was 2.74%.
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 1988 dollars worth?
Year Equivalent
2023 $1,285,949
2022 $1,207,981
2021 $1,128,570
2020 $1,113,406
2019 $1,088,531
2018 $1,068,128
2017 $1,046,066
2016 $1,024,805
2015 $1,017,383
2014 $1,009,744
2013 $994,805
2012 $977,782
2011 $949,649
2010 $935,654
2009 $910,867
2008 $910,035
2007 $874,350
2006 $852,686
2005 $824,523
2004 $798,527
2003 $783,795
2002 $765,598
2001 $753,899
2000 $729,203
1999 $710,139
1998 $698,873
1997 $687,175
1996 $665,078
Year Equivalent
1995 $648,614
1994 $631,716
1993 $614,818
1992 $597,487
1991 $579,723
1990 $546,360
1989 $522,097
1988 $500,000
1987 $478,769
1986 $473,570
1985 $456,239
1984 $438,908
1983 $422,877
1982 $407,279
1981 $373,917
1980 $332,322
1979 $293,328
1978 $269,064
1977 $252,166
1976 $240,468
1975 $224,870
1974 $200,173
1973 $184,142
1972 $178,076
1971 $172,444
1970 $163,345
1969 $153,813
1968 $146,880
Year Equivalent
1967 $142,548
1966 $137,782
1965 $135,182
1964 $133,882
1963 $131,716
1962 $129,983
1961 $129,116
1960 $127,383
1959 $125,217
1958 $123,050
1957 $119,584
1956 $116,118
1955 $115,685
1954 $116,551
1953 $115,685
1952 $114,818
1951 $108,319
1950 $102,253
1949 $104,419
1948 $101,386
1947 $93,154
1946 $78,856
1945 $77,123
1944 $75,390
1943 $73,224
1942 $67,158
1941 $61,092
1940 $60,659
Year Equivalent
1939 $60,659
1938 $62,392
1937 $60,659
1936 $59,792
1935 $58,059
1934 $57,192
1933 $56,759
1932 $63,258
1931 $69,757
1930 $74,523
1929 $74,090
1928 $74,957
1927 $76,690
1926 $77,556
1925 $74,957
1924 $74,957
1923 $73,224
1922 $74,957
1921 $84,055
1920 $81,889
1919 $71,490
1918 $59,359
1917 $50,260
1916 $44,627
1915 $43,761
1914 $43,328