Calculate the Value of $500,000 in 1998

What is $500k in 1998 money adjusted for inflation? Convert $500,000 from 1998 dollars to 2024 dollars.
Amount
$
From
To
$950,856
Adjusted for inflation, $500,000 in 1998 is equal to $950,856 in 2024.
Annual inflation over this period was 2.50%.
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 $500,000 in 1998 dollars worth?
Year Equivalent
2024 $950,856
2023 $920,015
2022 $864,234
2021 $807,421
2020 $796,572
2019 $778,776
2018 $764,179
2017 $748,394
2016 $733,184
2015 $727,874
2014 $722,409
2013 $711,720
2012 $699,541
2011 $679,414
2010 $669,402
2009 $651,668
2008 $651,073
2007 $625,542
2006 $610,043
2005 $589,895
2004 $571,296
2003 $560,756
2002 $547,737
2001 $539,368
2000 $521,699
1999 $508,060
1998 $500,000
1997 $491,631
Year Equivalent
1996 $475,821
1995 $464,042
1994 $451,953
1993 $439,864
1992 $427,464
1991 $414,755
1990 $390,887
1989 $373,528
1988 $357,719
1987 $342,529
1986 $338,810
1985 $326,410
1984 $314,011
1983 $302,542
1982 $291,383
1981 $267,514
1980 $237,756
1979 $209,857
1978 $192,498
1977 $180,409
1976 $172,040
1975 $160,880
1974 $143,211
1973 $131,742
1972 $127,402
1971 $123,373
1970 $116,863
1969 $110,043
Year Equivalent
1968 $105,084
1967 $101,984
1966 $98,574
1965 $96,714
1964 $95,784
1963 $94,234
1962 $92,994
1961 $92,374
1960 $91,135
1959 $89,585
1958 $88,035
1957 $85,555
1956 $83,075
1955 $82,765
1954 $83,385
1953 $82,765
1952 $82,145
1951 $77,495
1950 $73,156
1949 $74,706
1948 $72,536
1947 $66,646
1946 $56,417
1945 $55,177
1944 $53,937
1943 $52,387
1942 $48,047
1941 $43,707
Year Equivalent
1940 $43,397
1939 $43,397
1938 $44,637
1937 $43,397
1936 $42,777
1935 $41,538
1934 $40,918
1933 $40,608
1932 $45,257
1931 $49,907
1930 $53,317
1929 $53,007
1928 $53,627
1927 $54,867
1926 $55,487
1925 $53,627
1924 $53,627
1923 $52,387
1922 $53,627
1921 $60,136
1920 $58,586
1919 $51,147
1918 $42,467
1917 $35,958
1916 $31,928
1915 $31,308
1914 $30,998