Calculate the Value of $550 in 1948

What is 550 dollars in 1948 money adjusted for inflation? Convert $550 from 1948 dollars to 2024 dollars.
Amount
$
From
To
$7,210
Adjusted for inflation, $550 in 1948 is equal to $7,210 in 2024.
Annual inflation over this period was 3.44%.
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 $550 in 1948 dollars worth?
Year Equivalent
2024 $7,210
2023 $6,976
2022 $6,553
2021 $6,122
2020 $6,040
2019 $5,905
2018 $5,794
2017 $5,675
2016 $5,559
2015 $5,519
2014 $5,478
2013 $5,397
2012 $5,304
2011 $5,152
2010 $5,076
2009 $4,941
2008 $4,937
2007 $4,743
2006 $4,626
2005 $4,473
2004 $4,332
2003 $4,252
2002 $4,153
2001 $4,090
2000 $3,956
1999 $3,852
1998 $3,791
1997 $3,728
Year Equivalent
1996 $3,608
1995 $3,519
1994 $3,427
1993 $3,335
1992 $3,241
1991 $3,145
1990 $2,964
1989 $2,832
1988 $2,712
1987 $2,597
1986 $2,569
1985 $2,475
1984 $2,381
1983 $2,294
1982 $2,209
1981 $2,028
1980 $1,803
1979 $1,591
1978 $1,460
1977 $1,368
1976 $1,304
1975 $1,220
1974 $1,086
1973 $999
1972 $966
1971 $935
1970 $886
1969 $834
Year Equivalent
1968 $797
1967 $773
1966 $747
1965 $733
1964 $726
1963 $715
1962 $705
1961 $700
1960 $691
1959 $679
1958 $668
1957 $649
1956 $630
1955 $628
1954 $632
1953 $628
1952 $623
1951 $588
1950 $555
1949 $566
1948 $550
1947 $505
1946 $428
1945 $418
1944 $409
1943 $397
1942 $364
1941 $331
Year Equivalent
1940 $329
1939 $329
1938 $338
1937 $329
1936 $324
1935 $315
1934 $310
1933 $308
1932 $343
1931 $378
1930 $404
1929 $402
1928 $407
1927 $416
1926 $421
1925 $407
1924 $407
1923 $397
1922 $407
1921 $456
1920 $444
1919 $388
1918 $322
1917 $273
1916 $242
1915 $237
1914 $235