Calculate the Value of $7,000 in 1988

What is $7k in 1988 money adjusted for inflation? Convert $7,000 from 1988 dollars to 2024 dollars.
Amount
$
From
To
$18,607
Adjusted for inflation, $7,000 in 1988 is equal to $18,607 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 $7,000 in 1988 dollars worth?
Year Equivalent
2024 $18,607
2023 $18,003
2022 $16,912
2021 $15,800
2020 $15,588
2019 $15,239
2018 $14,954
2017 $14,645
2016 $14,347
2015 $14,243
2014 $14,136
2013 $13,927
2012 $13,689
2011 $13,295
2010 $13,099
2009 $12,752
2008 $12,740
2007 $12,241
2006 $11,938
2005 $11,543
2004 $11,179
2003 $10,973
2002 $10,718
2001 $10,555
2000 $10,209
1999 $9,942
1998 $9,784
1997 $9,620
Year Equivalent
1996 $9,311
1995 $9,081
1994 $8,844
1993 $8,607
1992 $8,365
1991 $8,116
1990 $7,649
1989 $7,309
1988 $7,000
1987 $6,703
1986 $6,630
1985 $6,387
1984 $6,145
1983 $5,920
1982 $5,702
1981 $5,235
1980 $4,653
1979 $4,107
1978 $3,767
1977 $3,530
1976 $3,367
1975 $3,148
1974 $2,802
1973 $2,578
1972 $2,493
1971 $2,414
1970 $2,287
1969 $2,153
Year Equivalent
1968 $2,056
1967 $1,996
1966 $1,929
1965 $1,893
1964 $1,874
1963 $1,844
1962 $1,820
1961 $1,808
1960 $1,783
1959 $1,753
1958 $1,723
1957 $1,674
1956 $1,626
1955 $1,620
1954 $1,632
1953 $1,620
1952 $1,607
1951 $1,516
1950 $1,432
1949 $1,462
1948 $1,419
1947 $1,304
1946 $1,104
1945 $1,080
1944 $1,055
1943 $1,025
1942 $940
1941 $855
Year Equivalent
1940 $849
1939 $849
1938 $873
1937 $849
1936 $837
1935 $813
1934 $801
1933 $795
1932 $886
1931 $977
1930 $1,043
1929 $1,037
1928 $1,049
1927 $1,074
1926 $1,086
1925 $1,049
1924 $1,049
1923 $1,025
1922 $1,049
1921 $1,177
1920 $1,146
1919 $1,001
1918 $831
1917 $704
1916 $625
1915 $613
1914 $607