Calculate the Value of $8,000 in 1989

What is $8k in 1989 worth in today's money?
Amount
$
From
To
$19,704
Adjusted for inflation, $8,000 in 1989 is equal to $19,704 in 2023.
Annual inflation over this period was 2.69%.
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 $8,000 in 1989 dollars worth?
Year Equivalent
2023 $19,704
2022 $18,510
2021 $17,293
2020 $17,061
2019 $16,679
2018 $16,367
2017 $16,029
2016 $15,703
2015 $15,589
2014 $15,472
2013 $15,243
2012 $14,982
2011 $14,551
2010 $14,337
2009 $13,957
2008 $13,944
2007 $13,398
2006 $13,066
2005 $12,634
2004 $12,236
2003 $12,010
2002 $11,731
2001 $11,552
2000 $11,173
1999 $10,881
1998 $10,709
1997 $10,529
1996 $10,191
Year Equivalent
1995 $9,939
1994 $9,680
1993 $9,421
1992 $9,155
1991 $8,883
1990 $8,372
1989 $8,000
1988 $7,661
1987 $7,336
1986 $7,256
1985 $6,991
1984 $6,725
1983 $6,480
1982 $6,241
1981 $5,729
1980 $5,092
1979 $4,495
1978 $4,123
1977 $3,864
1976 $3,685
1975 $3,446
1974 $3,067
1973 $2,822
1972 $2,729
1971 $2,642
1970 $2,503
1969 $2,357
1968 $2,251
Year Equivalent
1967 $2,184
1966 $2,111
1965 $2,071
1964 $2,051
1963 $2,018
1962 $1,992
1961 $1,978
1960 $1,952
1959 $1,919
1958 $1,885
1957 $1,832
1956 $1,779
1955 $1,773
1954 $1,786
1953 $1,773
1952 $1,759
1951 $1,660
1950 $1,567
1949 $1,600
1948 $1,554
1947 $1,427
1946 $1,208
1945 $1,182
1944 $1,155
1943 $1,122
1942 $1,029
1941 $936
1940 $929
Year Equivalent
1939 $929
1938 $956
1937 $929
1936 $916
1935 $890
1934 $876
1933 $870
1932 $969
1931 $1,069
1930 $1,142
1929 $1,135
1928 $1,149
1927 $1,175
1926 $1,188
1925 $1,149
1924 $1,149
1923 $1,122
1922 $1,149
1921 $1,288
1920 $1,255
1919 $1,095
1918 $910
1917 $770
1916 $684
1915 $671
1914 $664