Calculate the Value of $7,000 in 1998

What is $7k in 1998 worth in today's money?
Amount
$
From
To
$12,880
Adjusted for inflation, $7,000 in 1998 is equal to $12,880 in 2023.
Annual inflation over this period was 2.47%.
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 1998 dollars worth?
Year Equivalent
2023 $12,880
2022 $12,099
2021 $11,304
2020 $11,152
2019 $10,903
2018 $10,698
2017 $10,478
2016 $10,265
2015 $10,190
2014 $10,114
2013 $9,964
2012 $9,794
2011 $9,512
2010 $9,372
2009 $9,123
2008 $9,115
2007 $8,758
2006 $8,541
2005 $8,259
2004 $7,998
2003 $7,851
2002 $7,668
2001 $7,551
2000 $7,304
1999 $7,113
1998 $7,000
1997 $6,883
1996 $6,662
Year Equivalent
1995 $6,497
1994 $6,327
1993 $6,158
1992 $5,985
1991 $5,807
1990 $5,472
1989 $5,229
1988 $5,008
1987 $4,795
1986 $4,743
1985 $4,570
1984 $4,396
1983 $4,236
1982 $4,079
1981 $3,745
1980 $3,329
1979 $2,938
1978 $2,695
1977 $2,526
1976 $2,409
1975 $2,252
1974 $2,005
1973 $1,844
1972 $1,784
1971 $1,727
1970 $1,636
1969 $1,541
1968 $1,471
Year Equivalent
1967 $1,428
1966 $1,380
1965 $1,354
1964 $1,341
1963 $1,319
1962 $1,302
1961 $1,293
1960 $1,276
1959 $1,254
1958 $1,232
1957 $1,198
1956 $1,163
1955 $1,159
1954 $1,167
1953 $1,159
1952 $1,150
1951 $1,085
1950 $1,024
1949 $1,046
1948 $1,015
1947 $933
1946 $790
1945 $772
1944 $755
1943 $733
1942 $673
1941 $612
1940 $608
Year Equivalent
1939 $608
1938 $625
1937 $608
1936 $599
1935 $582
1934 $573
1933 $569
1932 $634
1931 $699
1930 $746
1929 $742
1928 $751
1927 $768
1926 $777
1925 $751
1924 $751
1923 $733
1922 $751
1921 $842
1920 $820
1919 $716
1918 $595
1917 $503
1916 $447
1915 $438
1914 $434