Calculate the Value of $5,500 in 1954

What is $5.5k in 1954 money adjusted for inflation? Convert $5,500 from 1954 dollars to 2024 dollars.
Amount
$
From
To
$62,718
Adjusted for inflation, $5,500 in 1954 is equal to $62,718 in 2024.
Annual inflation over this period was 3.54%.
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 $5,500 in 1954 dollars worth?
Year Equivalent
2024 $62,718
2023 $60,683
2022 $57,004
2021 $53,257
2020 $52,541
2019 $51,367
2018 $50,405
2017 $49,363
2016 $48,360
2015 $48,010
2014 $47,649
2013 $46,944
2012 $46,141
2011 $44,814
2010 $44,153
2009 $42,983
2008 $42,944
2007 $41,260
2006 $40,238
2005 $38,909
2004 $37,682
2003 $36,987
2002 $36,128
2001 $35,576
2000 $34,411
1999 $33,511
1998 $32,980
1997 $32,428
Year Equivalent
1996 $31,385
1995 $30,608
1994 $29,810
1993 $29,013
1992 $28,195
1991 $27,357
1990 $25,783
1989 $24,638
1988 $23,595
1987 $22,593
1986 $22,348
1985 $21,530
1984 $20,712
1983 $19,955
1982 $19,219
1981 $17,645
1980 $15,682
1979 $13,842
1978 $12,697
1977 $11,900
1976 $11,348
1975 $10,612
1974 $9,446
1973 $8,690
1972 $8,403
1971 $8,138
1970 $7,708
1969 $7,258
Year Equivalent
1968 $6,931
1967 $6,727
1966 $6,502
1965 $6,379
1964 $6,318
1963 $6,216
1962 $6,134
1961 $6,093
1960 $6,011
1959 $5,909
1958 $5,807
1957 $5,643
1956 $5,480
1955 $5,459
1954 $5,500
1953 $5,459
1952 $5,418
1951 $5,112
1950 $4,825
1949 $4,928
1948 $4,784
1947 $4,396
1946 $3,721
1945 $3,639
1944 $3,558
1943 $3,455
1942 $3,169
1941 $2,883
Year Equivalent
1940 $2,862
1939 $2,862
1938 $2,944
1937 $2,862
1936 $2,822
1935 $2,740
1934 $2,699
1933 $2,678
1932 $2,985
1931 $3,292
1930 $3,517
1929 $3,496
1928 $3,537
1927 $3,619
1926 $3,660
1925 $3,537
1924 $3,537
1923 $3,455
1922 $3,537
1921 $3,967
1920 $3,864
1919 $3,374
1918 $2,801
1917 $2,372
1916 $2,106
1915 $2,065
1914 $2,045