Calculate the Value of $980 in 1934

What is $980 in 1934 worth in today's money?
Amount
$
From
To
$20,699
Adjusted for inflation, $980 in 1934 is equal to $20,699 in 2022.
Annual inflation over this period was 3.53%.
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 $980 in 1934 dollars worth?
Year Equivalent
2022 $20,699
2021 $19,338
2020 $19,078
2019 $18,652
2018 $18,303
2017 $17,924
2016 $17,560
2015 $17,433
2014 $17,302
2013 $17,046
2012 $16,754
2011 $16,272
2010 $16,033
2009 $15,608
2008 $15,594
2007 $14,982
2006 $14,611
2005 $14,128
2004 $13,683
2003 $13,430
2002 $13,119
2001 $12,918
2000 $12,495
1999 $12,168
1998 $11,975
1997 $11,775
1996 $11,396
1995 $11,114
Year Equivalent
1994 $10,825
1993 $10,535
1992 $10,238
1991 $9,934
1990 $9,362
1989 $8,946
1988 $8,568
1987 $8,204
1986 $8,115
1985 $7,818
1984 $7,521
1983 $7,246
1982 $6,979
1981 $6,407
1980 $5,694
1979 $5,026
1978 $4,610
1977 $4,321
1976 $4,120
1975 $3,853
1974 $3,430
1973 $3,155
1972 $3,051
1971 $2,955
1970 $2,799
1969 $2,636
1968 $2,517
1967 $2,443
Year Equivalent
1966 $2,361
1965 $2,316
1964 $2,294
1963 $2,257
1962 $2,227
1961 $2,212
1960 $2,183
1959 $2,146
1958 $2,108
1957 $2,049
1956 $1,990
1955 $1,982
1954 $1,997
1953 $1,982
1952 $1,967
1951 $1,856
1950 $1,752
1949 $1,789
1948 $1,737
1947 $1,596
1946 $1,351
1945 $1,322
1944 $1,292
1943 $1,255
1942 $1,151
1941 $1,047
1940 $1,039
1939 $1,039
Year Equivalent
1938 $1,069
1937 $1,039
1936 $1,025
1935 $995
1934 $980
1933 $973
1932 $1,084
1931 $1,195
1930 $1,277
1929 $1,270
1928 $1,284
1927 $1,314
1926 $1,329
1925 $1,284
1924 $1,284
1923 $1,255
1922 $1,284
1921 $1,440
1920 $1,403
1919 $1,225
1918 $1,017
1917 $861
1916 $765
1915 $750
1914 $742