Calculate the Value of $970 in 1971

What is $970 in 1971 worth in today's money?
Amount
$
From
To
$7,233
Adjusted for inflation, $970 in 1971 is equal to $7,233 in 2023.
Annual inflation over this period was 3.94%.
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 1971 dollars worth?
Year Equivalent
2023 $7,233
2022 $6,795
2021 $6,348
2020 $6,263
2019 $6,123
2018 $6,008
2017 $5,884
2016 $5,765
2015 $5,723
2014 $5,680
2013 $5,596
2012 $5,500
2011 $5,342
2010 $5,263
2009 $5,124
2008 $5,119
2007 $4,918
2006 $4,796
2005 $4,638
2004 $4,492
2003 $4,409
2002 $4,307
2001 $4,241
2000 $4,102
1999 $3,995
1998 $3,931
1997 $3,865
1996 $3,741
Year Equivalent
1995 $3,648
1994 $3,553
1993 $3,458
1992 $3,361
1991 $3,261
1990 $3,073
1989 $2,937
1988 $2,813
1987 $2,693
1986 $2,664
1985 $2,566
1984 $2,469
1983 $2,379
1982 $2,291
1981 $2,103
1980 $1,869
1979 $1,650
1978 $1,513
1977 $1,418
1976 $1,353
1975 $1,265
1974 $1,126
1973 $1,036
1972 $1,002
1971 $970
1970 $919
1969 $865
1968 $826
Year Equivalent
1967 $802
1966 $775
1965 $760
1964 $753
1963 $741
1962 $731
1961 $726
1960 $717
1959 $704
1958 $692
1957 $673
1956 $653
1955 $651
1954 $656
1953 $651
1952 $646
1951 $609
1950 $575
1949 $587
1948 $570
1947 $524
1946 $444
1945 $434
1944 $424
1943 $412
1942 $378
1941 $344
1940 $341
Year Equivalent
1939 $341
1938 $351
1937 $341
1936 $336
1935 $327
1934 $322
1933 $319
1932 $356
1931 $392
1930 $419
1929 $417
1928 $422
1927 $431
1926 $436
1925 $422
1924 $422
1923 $412
1922 $422
1921 $473
1920 $461
1919 $402
1918 $334
1917 $283
1916 $251
1915 $246
1914 $244