Calculate the Value of $7,000 in 1971

What is $7k in 1971 worth in today's money?
Amount
$
From
To
$52,200
Adjusted for inflation, $7,000 in 1971 is equal to $52,200 in 2023.
Annual inflation over this period was 3.94%.
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 $7,000 in 1971 dollars worth?
Year Equivalent
2023 $52,200
2022 $49,036
2021 $45,812
2020 $45,196
2019 $44,187
2018 $43,358
2017 $42,463
2016 $41,600
2015 $41,299
2014 $40,989
2013 $40,382
2012 $39,691
2011 $38,549
2010 $37,981
2009 $36,975
2008 $36,941
2007 $35,492
2006 $34,613
2005 $33,470
2004 $32,415
2003 $31,817
2002 $31,078
2001 $30,603
2000 $29,601
1999 $28,827
1998 $28,369
1997 $27,894
1996 $26,997
Year Equivalent
1995 $26,329
1994 $25,643
1993 $24,957
1992 $24,254
1991 $23,533
1990 $22,178
1989 $21,193
1988 $20,296
1987 $19,435
1986 $19,224
1985 $18,520
1984 $17,817
1983 $17,166
1982 $16,533
1981 $15,178
1980 $13,490
1979 $11,907
1978 $10,922
1977 $10,236
1976 $9,761
1975 $9,128
1974 $8,126
1973 $7,475
1972 $7,229
1971 $7,000
1970 $6,631
1969 $6,244
1968 $5,962
Year Equivalent
1967 $5,786
1966 $5,593
1965 $5,487
1964 $5,435
1963 $5,347
1962 $5,276
1961 $5,241
1960 $5,171
1959 $5,083
1958 $4,995
1957 $4,854
1956 $4,714
1955 $4,696
1954 $4,731
1953 $4,696
1952 $4,661
1951 $4,397
1950 $4,151
1949 $4,239
1948 $4,116
1947 $3,781
1946 $3,201
1945 $3,131
1944 $3,060
1943 $2,972
1942 $2,726
1941 $2,480
1940 $2,462
Year Equivalent
1939 $2,462
1938 $2,533
1937 $2,462
1936 $2,427
1935 $2,357
1934 $2,322
1933 $2,304
1932 $2,568
1931 $2,832
1930 $3,025
1929 $3,008
1928 $3,043
1927 $3,113
1926 $3,148
1925 $3,043
1924 $3,043
1923 $2,972
1922 $3,043
1921 $3,412
1920 $3,324
1919 $2,902
1918 $2,410
1917 $2,040
1916 $1,812
1915 $1,776
1914 $1,759