Calculate the Value of $8,500 in 1998

What is $8.5k in 1998 money adjusted for inflation? Convert $8,500 from 1998 dollars to 2024 dollars.
Amount
$
From
To
$16,165
Adjusted for inflation, $8,500 in 1998 is equal to $16,165 in 2024.
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 $8,500 in 1998 dollars worth?
Year Equivalent
2024 $16,165
2023 $15,640
2022 $14,692
2021 $13,726
2020 $13,542
2019 $13,239
2018 $12,991
2017 $12,723
2016 $12,464
2015 $12,374
2014 $12,281
2013 $12,099
2012 $11,892
2011 $11,550
2010 $11,380
2009 $11,078
2008 $11,068
2007 $10,634
2006 $10,371
2005 $10,028
2004 $9,712
2003 $9,533
2002 $9,312
2001 $9,169
2000 $8,869
1999 $8,637
1998 $8,500
1997 $8,358
Year Equivalent
1996 $8,089
1995 $7,889
1994 $7,683
1993 $7,478
1992 $7,267
1991 $7,051
1990 $6,645
1989 $6,350
1988 $6,081
1987 $5,823
1986 $5,760
1985 $5,549
1984 $5,338
1983 $5,143
1982 $4,954
1981 $4,548
1980 $4,042
1979 $3,568
1978 $3,272
1977 $3,067
1976 $2,925
1975 $2,735
1974 $2,435
1973 $2,240
1972 $2,166
1971 $2,097
1970 $1,987
1969 $1,871
Year Equivalent
1968 $1,786
1967 $1,734
1966 $1,676
1965 $1,644
1964 $1,628
1963 $1,602
1962 $1,581
1961 $1,570
1960 $1,549
1959 $1,523
1958 $1,497
1957 $1,454
1956 $1,412
1955 $1,407
1954 $1,418
1953 $1,407
1952 $1,396
1951 $1,317
1950 $1,244
1949 $1,270
1948 $1,233
1947 $1,133
1946 $959
1945 $938
1944 $917
1943 $891
1942 $817
1941 $743
Year Equivalent
1940 $738
1939 $738
1938 $759
1937 $738
1936 $727
1935 $706
1934 $696
1933 $690
1932 $769
1931 $848
1930 $906
1929 $901
1928 $912
1927 $933
1926 $943
1925 $912
1924 $912
1923 $891
1922 $912
1921 $1,022
1920 $996
1919 $869
1918 $722
1917 $611
1916 $543
1915 $532
1914 $527