Calculate the Value of $550,000 in 1988

What is $550k in 1988 money adjusted for inflation? Convert $550,000 from 1988 dollars to 2024 dollars.
Amount
$
From
To
$1,461,961
Adjusted for inflation, $550,000 in 1988 is equal to $1,461,961 in 2024.
Annual inflation over this period was 2.75%.
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 $550,000 in 1988 dollars worth?
Year Equivalent
2024 $1,461,961
2023 $1,414,544
2022 $1,328,779
2021 $1,241,427
2020 $1,224,746
2019 $1,197,384
2018 $1,174,941
2017 $1,150,672
2016 $1,127,286
2015 $1,119,121
2014 $1,110,719
2013 $1,094,286
2012 $1,075,560
2011 $1,044,614
2010 $1,029,220
2009 $1,001,953
2008 $1,001,038
2007 $961,785
2006 $937,955
2005 $906,976
2004 $878,380
2003 $862,175
2002 $842,158
2001 $829,289
2000 $802,123
1999 $781,153
1998 $768,761
1997 $755,893
Year Equivalent
1996 $731,586
1995 $713,475
1994 $694,887
1993 $676,300
1992 $657,236
1991 $637,695
1990 $600,997
1989 $574,307
1988 $550,000
1987 $526,646
1986 $520,927
1985 $501,863
1984 $482,799
1983 $465,165
1982 $448,007
1981 $411,308
1980 $365,555
1979 $322,660
1978 $295,971
1977 $277,383
1976 $264,515
1975 $247,357
1974 $220,191
1973 $202,556
1972 $195,884
1971 $189,688
1970 $179,679
1969 $169,194
Year Equivalent
1968 $161,568
1967 $156,802
1966 $151,560
1965 $148,700
1964 $147,270
1963 $144,887
1962 $142,981
1961 $142,028
1960 $140,121
1959 $137,738
1958 $135,355
1957 $131,542
1956 $127,730
1955 $127,253
1954 $128,206
1953 $127,253
1952 $126,300
1951 $119,151
1950 $112,478
1949 $114,861
1948 $111,525
1947 $102,470
1946 $86,742
1945 $84,835
1944 $82,929
1943 $80,546
1942 $73,873
1941 $67,201
Year Equivalent
1940 $66,724
1939 $66,724
1938 $68,631
1937 $66,724
1936 $65,771
1935 $63,865
1934 $62,912
1933 $62,435
1932 $69,584
1931 $76,733
1930 $81,976
1929 $81,499
1928 $82,452
1927 $84,359
1926 $85,312
1925 $82,452
1924 $82,452
1923 $80,546
1922 $82,452
1921 $92,461
1920 $90,078
1919 $78,640
1918 $65,295
1917 $55,286
1916 $49,090
1915 $48,137
1914 $47,660