Calculate the Value of $970 in 1954

What is $970 in 1954 worth in today's money?
Amount
$
From
To
$10,702
Adjusted for inflation, $970 in 1954 is equal to $10,702 in 2023.
Annual inflation over this period was 3.54%.
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 1954 dollars worth?
Year Equivalent
2023 $10,702
2022 $10,053
2021 $9,393
2020 $9,266
2019 $9,059
2018 $8,890
2017 $8,706
2016 $8,529
2015 $8,467
2014 $8,404
2013 $8,279
2012 $8,138
2011 $7,903
2010 $7,787
2009 $7,581
2008 $7,574
2007 $7,277
2006 $7,097
2005 $6,862
2004 $6,646
2003 $6,523
2002 $6,372
2001 $6,274
2000 $6,069
1999 $5,910
1998 $5,816
1997 $5,719
1996 $5,535
Year Equivalent
1995 $5,398
1994 $5,257
1993 $5,117
1992 $4,973
1991 $4,825
1990 $4,547
1989 $4,345
1988 $4,161
1987 $3,985
1986 $3,941
1985 $3,797
1984 $3,653
1983 $3,519
1982 $3,390
1981 $3,112
1980 $2,766
1979 $2,441
1978 $2,239
1977 $2,099
1976 $2,001
1975 $1,871
1974 $1,666
1973 $1,533
1972 $1,482
1971 $1,435
1970 $1,359
1969 $1,280
1968 $1,222
Year Equivalent
1967 $1,186
1966 $1,147
1965 $1,125
1964 $1,114
1963 $1,096
1962 $1,082
1961 $1,075
1960 $1,060
1959 $1,042
1958 $1,024
1957 $995
1956 $966
1955 $963
1954 $970
1953 $963
1952 $956
1951 $901
1950 $851
1949 $869
1948 $844
1947 $775
1946 $656
1945 $642
1944 $627
1943 $609
1942 $559
1941 $508
1940 $505
Year Equivalent
1939 $505
1938 $519
1937 $505
1936 $498
1935 $483
1934 $476
1933 $472
1932 $526
1931 $581
1930 $620
1929 $617
1928 $624
1927 $638
1926 $645
1925 $624
1924 $624
1923 $609
1922 $624
1921 $700
1920 $682
1919 $595
1918 $494
1917 $418
1916 $371
1915 $364
1914 $361