Calculate the Value of $9,700 in 1948

What is $9.7k in 1948 worth in today's money?
Amount
$
From
To
$123,031
Adjusted for inflation, $9,700 in 1948 is equal to $123,031 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 $9,700 in 1948 dollars worth?
Year Equivalent
2023 $123,031
2022 $115,572
2021 $107,974
2020 $106,523
2019 $104,144
2018 $102,192
2017 $100,081
2016 $98,047
2015 $97,337
2014 $96,606
2013 $95,176
2012 $93,548
2011 $90,856
2010 $89,517
2009 $87,146
2008 $87,066
2007 $83,652
2006 $81,579
2005 $78,885
2004 $76,398
2003 $74,988
2002 $73,247
2001 $72,128
2000 $69,765
1999 $67,941
1998 $66,864
1997 $65,744
1996 $63,630
Year Equivalent
1995 $62,055
1994 $60,438
1993 $58,822
1992 $57,164
1991 $55,464
1990 $52,272
1989 $49,951
1988 $47,837
1987 $45,806
1986 $45,308
1985 $43,650
1984 $41,992
1983 $40,458
1982 $38,966
1981 $35,774
1980 $31,794
1979 $28,064
1978 $25,742
1977 $24,126
1976 $23,006
1975 $21,514
1974 $19,151
1973 $17,618
1972 $17,037
1971 $16,498
1970 $15,628
1969 $14,716
1968 $14,053
Year Equivalent
1967 $13,638
1966 $13,182
1965 $12,933
1964 $12,809
1963 $12,602
1962 $12,436
1961 $12,353
1960 $12,187
1959 $11,980
1958 $11,773
1957 $11,441
1956 $11,109
1955 $11,068
1954 $11,151
1953 $11,068
1952 $10,985
1951 $10,363
1950 $9,783
1949 $9,990
1948 $9,700
1947 $8,912
1946 $7,544
1945 $7,379
1944 $7,213
1943 $7,006
1942 $6,425
1941 $5,845
1940 $5,803
Year Equivalent
1939 $5,803
1938 $5,969
1937 $5,803
1936 $5,721
1935 $5,555
1934 $5,472
1933 $5,430
1932 $6,052
1931 $6,674
1930 $7,130
1929 $7,088
1928 $7,171
1927 $7,337
1926 $7,420
1925 $7,171
1924 $7,171
1923 $7,006
1922 $7,171
1921 $8,042
1920 $7,835
1919 $6,840
1918 $5,679
1917 $4,809
1916 $4,270
1915 $4,187
1914 $4,145