Calculate the Value of $7,400 in 1988

What is $7.4k in 1988 worth in today's money?
Amount
$
From
To
$16,703
Adjusted for inflation, $7,400 in 1988 is equal to $16,703 in 2021.
Annual inflation over this period was 2.50%.
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 $7,400 in 1988 dollars worth?
Year Equivalent
2021 $16,703
2020 $16,478
2019 $16,110
2018 $15,808
2017 $15,482
2016 $15,167
2015 $15,057
2014 $14,944
2013 $14,723
2012 $14,471
2011 $14,055
2010 $13,848
2009 $13,481
2008 $13,469
2007 $12,940
2006 $12,620
2005 $12,203
2004 $11,818
2003 $11,600
2002 $11,331
2001 $11,158
2000 $10,792
1999 $10,510
1998 $10,343
1997 $10,170
1996 $9,843
1995 $9,599
Year Equivalent
1994 $9,349
1993 $9,099
1992 $8,843
1991 $8,580
1990 $8,086
1989 $7,727
1988 $7,400
1987 $7,086
1986 $7,009
1985 $6,752
1984 $6,496
1983 $6,259
1982 $6,028
1981 $5,534
1980 $4,918
1979 $4,341
1978 $3,982
1977 $3,732
1976 $3,559
1975 $3,328
1974 $2,963
1973 $2,725
1972 $2,636
1971 $2,552
1970 $2,418
1969 $2,276
1968 $2,174
Year Equivalent
1967 $2,110
1966 $2,039
1965 $2,001
1964 $1,981
1963 $1,949
1962 $1,924
1961 $1,911
1960 $1,885
1959 $1,853
1958 $1,821
1957 $1,770
1956 $1,719
1955 $1,712
1954 $1,725
1953 $1,712
1952 $1,699
1951 $1,603
1950 $1,513
1949 $1,545
1948 $1,501
1947 $1,379
1946 $1,167
1945 $1,141
1944 $1,116
1943 $1,084
1942 $994
1941 $904
Year Equivalent
1940 $898
1939 $898
1938 $923
1937 $898
1936 $885
1935 $859
1934 $846
1933 $840
1932 $936
1931 $1,032
1930 $1,103
1929 $1,097
1928 $1,109
1927 $1,135
1926 $1,148
1925 $1,109
1924 $1,109
1923 $1,084
1922 $1,109
1921 $1,244
1920 $1,212
1919 $1,058
1918 $879
1917 $744
1916 $660
1915 $648
1914 $641