Calculate the Value of $970 in 1949

What is $970 in 1949 worth in today's money?
Amount
$
From
To
$11,946
Adjusted for inflation, $970 in 1949 is equal to $11,946 in 2023.
Annual inflation over this period was 3.45%.
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 $970 in 1949 dollars worth?
Year Equivalent
2023 $11,946
2022 $11,221
2021 $10,484
2020 $10,343
2019 $10,112
2018 $9,922
2017 $9,717
2016 $9,520
2015 $9,451
2014 $9,380
2013 $9,241
2012 $9,083
2011 $8,822
2010 $8,692
2009 $8,461
2008 $8,454
2007 $8,122
2006 $7,921
2005 $7,659
2004 $7,418
2003 $7,281
2002 $7,112
2001 $7,003
2000 $6,774
1999 $6,597
1998 $6,492
1997 $6,383
1996 $6,178
Year Equivalent
1995 $6,025
1994 $5,868
1993 $5,711
1992 $5,550
1991 $5,385
1990 $5,075
1989 $4,850
1988 $4,645
1987 $4,448
1986 $4,399
1985 $4,238
1984 $4,077
1983 $3,928
1982 $3,783
1981 $3,473
1980 $3,087
1979 $2,725
1978 $2,499
1977 $2,342
1976 $2,234
1975 $2,089
1974 $1,860
1973 $1,711
1972 $1,654
1971 $1,602
1970 $1,517
1969 $1,429
1968 $1,364
Year Equivalent
1967 $1,324
1966 $1,280
1965 $1,256
1964 $1,244
1963 $1,224
1962 $1,207
1961 $1,199
1960 $1,183
1959 $1,163
1958 $1,143
1957 $1,111
1956 $1,079
1955 $1,075
1954 $1,083
1953 $1,075
1952 $1,067
1951 $1,006
1950 $950
1949 $970
1948 $942
1947 $865
1946 $733
1945 $716
1944 $700
1943 $680
1942 $624
1941 $568
1940 $563
Year Equivalent
1939 $563
1938 $580
1937 $563
1936 $555
1935 $539
1934 $531
1933 $527
1932 $588
1931 $648
1930 $692
1929 $688
1928 $696
1927 $712
1926 $720
1925 $696
1924 $696
1923 $680
1922 $696
1921 $781
1920 $761
1919 $664
1918 $551
1917 $467
1916 $415
1915 $407
1914 $402