Calculate the Value of $970 in 1974

What is $970 in 1974 worth in today's money?
Amount
$
From
To
$6,231
Adjusted for inflation, $970 in 1974 is equal to $6,231 in 2023.
Annual inflation over this period was 3.87%.
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 1974 dollars worth?
Year Equivalent
2023 $6,231
2022 $5,854
2021 $5,469
2020 $5,395
2019 $5,275
2018 $5,176
2017 $5,069
2016 $4,966
2015 $4,930
2014 $4,893
2013 $4,821
2012 $4,738
2011 $4,602
2010 $4,534
2009 $4,414
2008 $4,410
2007 $4,237
2006 $4,132
2005 $3,995
2004 $3,870
2003 $3,798
2002 $3,710
2001 $3,653
2000 $3,534
1999 $3,441
1998 $3,387
1997 $3,330
1996 $3,223
Year Equivalent
1995 $3,143
1994 $3,061
1993 $2,979
1992 $2,895
1991 $2,809
1990 $2,648
1989 $2,530
1988 $2,423
1987 $2,320
1986 $2,295
1985 $2,211
1984 $2,127
1983 $2,049
1982 $1,974
1981 $1,812
1980 $1,610
1979 $1,421
1978 $1,304
1977 $1,222
1976 $1,165
1975 $1,090
1974 $970
1973 $892
1972 $863
1971 $836
1970 $792
1969 $745
1968 $712
Year Equivalent
1967 $691
1966 $668
1965 $655
1964 $649
1963 $638
1962 $630
1961 $626
1960 $617
1959 $607
1958 $596
1957 $579
1956 $563
1955 $561
1954 $565
1953 $561
1952 $556
1951 $525
1950 $495
1949 $506
1948 $491
1947 $451
1946 $382
1945 $374
1944 $365
1943 $355
1942 $325
1941 $296
1940 $294
Year Equivalent
1939 $294
1938 $302
1937 $294
1936 $290
1935 $281
1934 $277
1933 $275
1932 $307
1931 $338
1930 $361
1929 $359
1928 $363
1927 $372
1926 $376
1925 $363
1924 $363
1923 $355
1922 $363
1921 $407
1920 $397
1919 $346
1918 $288
1917 $244
1916 $216
1915 $212
1914 $210