Calculate the Value of $550 in 1962

What is $550 in 1962 worth in today's money?
Amount
$
From
To
$4,775
Adjusted for inflation, $550 in 1962 is equal to $4,775 in 2021.
Annual inflation over this period was 3.73%.
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 1962 dollars worth?
Year Equivalent
2021 $4,775
2020 $4,711
2019 $4,606
2018 $4,520
2017 $4,426
2016 $4,336
2015 $4,305
2014 $4,273
2013 $4,209
2012 $4,137
2011 $4,018
2010 $3,959
2009 $3,854
2008 $3,851
2007 $3,700
2006 $3,608
2005 $3,489
2004 $3,379
2003 $3,317
2002 $3,240
2001 $3,190
2000 $3,086
1999 $3,005
1998 $2,957
1997 $2,908
1996 $2,814
1995 $2,745
Year Equivalent
1994 $2,673
1993 $2,602
1992 $2,528
1991 $2,453
1990 $2,312
1989 $2,209
1988 $2,116
1987 $2,026
1986 $2,004
1985 $1,931
1984 $1,857
1983 $1,789
1982 $1,723
1981 $1,582
1980 $1,406
1979 $1,241
1978 $1,139
1977 $1,067
1976 $1,018
1975 $952
1974 $847
1973 $779
1972 $754
1971 $730
1970 $691
1969 $651
1968 $622
Year Equivalent
1967 $603
1966 $583
1965 $572
1964 $567
1963 $557
1962 $550
1961 $546
1960 $539
1959 $530
1958 $521
1957 $506
1956 $491
1955 $490
1954 $493
1953 $490
1952 $486
1951 $458
1950 $433
1949 $442
1948 $429
1947 $394
1946 $334
1945 $326
1944 $319
1943 $310
1942 $284
1941 $259
Year Equivalent
1940 $257
1939 $257
1938 $264
1937 $257
1936 $253
1935 $246
1934 $242
1933 $240
1932 $268
1931 $295
1930 $315
1929 $314
1928 $317
1927 $325
1926 $328
1925 $317
1924 $317
1923 $310
1922 $317
1921 $356
1920 $347
1919 $303
1918 $251
1917 $213
1916 $189
1915 $185
1914 $183