Calculate the Value of $970,000 in 1988

What is $970k in 1988 worth in today's money?
Amount
$
From
To
$2,494,741
Adjusted for inflation, $970,000 in 1988 is equal to $2,494,741 in 2023.
Annual inflation over this period was 2.74%.
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 1988 dollars worth?
Year Equivalent
2023 $2,494,741
2022 $2,343,483
2021 $2,189,426
2020 $2,160,007
2019 $2,111,751
2018 $2,072,169
2017 $2,029,368
2016 $1,988,122
2015 $1,973,723
2014 $1,958,904
2013 $1,929,922
2012 $1,896,896
2011 $1,842,319
2010 $1,815,169
2009 $1,767,081
2008 $1,765,467
2007 $1,696,239
2006 $1,654,211
2005 $1,599,575
2004 $1,549,142
2003 $1,520,563
2002 $1,485,260
2001 $1,462,565
2000 $1,414,653
1999 $1,377,669
1998 $1,355,815
1997 $1,333,120
1996 $1,290,251
Year Equivalent
1995 $1,258,310
1994 $1,225,529
1993 $1,192,747
1992 $1,159,125
1991 $1,124,662
1990 $1,059,939
1989 $1,012,868
1988 $970,000
1987 $928,813
1986 $918,726
1985 $885,104
1984 $851,482
1983 $820,381
1982 $790,121
1981 $725,399
1980 $644,705
1979 $569,055
1978 $521,984
1977 $489,203
1976 $466,508
1975 $436,248
1974 $388,336
1973 $357,236
1972 $345,468
1971 $334,541
1970 $316,889
1969 $298,397
1968 $284,948
Year Equivalent
1967 $276,542
1966 $267,296
1965 $262,253
1964 $259,731
1963 $255,529
1962 $252,166
1961 $250,485
1960 $247,123
1959 $242,920
1958 $238,718
1957 $231,993
1956 $225,269
1955 $224,428
1954 $226,109
1953 $224,428
1952 $222,747
1951 $210,139
1950 $198,371
1949 $202,574
1948 $196,690
1947 $180,719
1946 $152,981
1945 $149,619
1944 $146,256
1943 $142,054
1942 $130,286
1941 $118,518
1940 $117,678
Year Equivalent
1939 $117,678
1938 $121,040
1937 $117,678
1936 $115,997
1935 $112,634
1934 $110,953
1933 $110,113
1932 $122,721
1931 $135,329
1930 $144,575
1929 $143,735
1928 $145,416
1927 $148,778
1926 $150,459
1925 $145,416
1924 $145,416
1923 $142,054
1922 $145,416
1921 $163,068
1920 $158,865
1919 $138,692
1918 $115,156
1917 $97,504
1916 $86,577
1915 $84,896
1914 $84,055