Calculate the Value of $5,500 in 2020

What is $5.5k in 2020 money adjusted for inflation? Convert $5,500 from 2020 dollars to 2024 dollars.
Amount
$
From
To
$6,565
Adjusted for inflation, $5,500 in 2020 is equal to $6,565 in 2024.
Annual inflation over this period was 4.53%.
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 2020 dollars worth?
Year Equivalent
2024 $6,565
2023 $6,352
2022 $5,967
2021 $5,575
2020 $5,500
2019 $5,377
2018 $5,276
2017 $5,167
2016 $5,062
2015 $5,026
2014 $4,988
2013 $4,914
2012 $4,830
2011 $4,691
2010 $4,622
2009 $4,499
2008 $4,495
2007 $4,319
2006 $4,212
2005 $4,073
2004 $3,945
2003 $3,872
2002 $3,782
2001 $3,724
2000 $3,602
1999 $3,508
1998 $3,452
1997 $3,395
Year Equivalent
1996 $3,285
1995 $3,204
1994 $3,121
1993 $3,037
1992 $2,951
1991 $2,864
1990 $2,699
1989 $2,579
1988 $2,470
1987 $2,365
1986 $2,339
1985 $2,254
1984 $2,168
1983 $2,089
1982 $2,012
1981 $1,847
1980 $1,642
1979 $1,449
1978 $1,329
1977 $1,246
1976 $1,188
1975 $1,111
1974 $989
1973 $910
1972 $880
1971 $852
1970 $807
1969 $760
Year Equivalent
1968 $726
1967 $704
1966 $681
1965 $668
1964 $661
1963 $651
1962 $642
1961 $638
1960 $629
1959 $619
1958 $608
1957 $591
1956 $574
1955 $571
1954 $576
1953 $571
1952 $567
1951 $535
1950 $505
1949 $516
1948 $501
1947 $460
1946 $390
1945 $381
1944 $372
1943 $362
1942 $332
1941 $302
Year Equivalent
1940 $300
1939 $300
1938 $308
1937 $300
1936 $295
1935 $287
1934 $283
1933 $280
1932 $312
1931 $345
1930 $368
1929 $366
1928 $370
1927 $379
1926 $383
1925 $370
1924 $370
1923 $362
1922 $370
1921 $415
1920 $405
1919 $353
1918 $293
1917 $248
1916 $220
1915 $216
1914 $214