Calculate the Value of $970,000 in 1987

What is $970k in 1987 worth in today's money?
Amount
$
From
To
$2,605,367
Adjusted for inflation, $970,000 in 1987 is equal to $2,605,367 in 2023.
Annual inflation over this period was 2.78%.
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 $970,000 in 1987 dollars worth?
Year Equivalent
2023 $2,605,367
2022 $2,447,402
2021 $2,286,514
2020 $2,255,790
2019 $2,205,394
2018 $2,164,057
2017 $2,119,358
2016 $2,076,283
2015 $2,061,246
2014 $2,045,770
2013 $2,015,502
2012 $1,981,012
2011 $1,924,015
2010 $1,895,661
2009 $1,845,440
2008 $1,843,755
2007 $1,771,457
2006 $1,727,566
2005 $1,670,507
2004 $1,617,837
2003 $1,587,991
2002 $1,551,122
2001 $1,527,421
2000 $1,477,385
1999 $1,438,760
1998 $1,415,937
1997 $1,392,235
1996 $1,347,466
Year Equivalent
1995 $1,314,109
1994 $1,279,873
1993 $1,245,638
1992 $1,210,525
1991 $1,174,534
1990 $1,106,941
1989 $1,057,783
1988 $1,013,014
1987 $970,000
1986 $959,466
1985 $924,353
1984 $889,240
1983 $856,760
1982 $825,158
1981 $757,566
1980 $673,294
1979 $594,290
1978 $545,131
1977 $510,896
1976 $487,195
1975 $455,593
1974 $405,557
1973 $373,077
1972 $360,787
1971 $349,376
1970 $330,941
1969 $311,629
1968 $297,584
Year Equivalent
1967 $288,805
1966 $279,149
1965 $273,882
1964 $271,249
1963 $266,860
1962 $263,348
1961 $261,593
1960 $258,081
1959 $253,692
1958 $249,303
1957 $242,281
1956 $235,258
1955 $234,380
1954 $236,136
1953 $234,380
1952 $232,624
1951 $219,457
1950 $207,167
1949 $211,557
1948 $205,412
1947 $188,733
1946 $159,765
1945 $156,253
1944 $152,742
1943 $148,353
1942 $136,063
1941 $123,774
1940 $122,896
Year Equivalent
1939 $122,896
1938 $126,407
1937 $122,896
1936 $121,140
1935 $117,629
1934 $115,873
1933 $114,995
1932 $128,163
1931 $141,330
1930 $150,986
1929 $150,109
1928 $151,864
1927 $155,376
1926 $157,131
1925 $151,864
1924 $151,864
1923 $148,353
1922 $151,864
1921 $170,299
1920 $165,910
1919 $144,842
1918 $120,262
1917 $101,828
1916 $90,416
1915 $88,661
1914 $87,783