Calculate the Value of $980 in 1938

What is $980 in 1938 worth in today's money?
Amount
$
From
To
$18,974
Adjusted for inflation, $980 in 1938 is equal to $18,974 in 2022.
Annual inflation over this period was 3.59%.
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 1938 dollars worth?
Year Equivalent
2022 $18,974
2021 $17,727
2020 $17,489
2019 $17,098
2018 $16,777
2017 $16,431
2016 $16,097
2015 $15,980
2014 $15,860
2013 $15,626
2012 $15,358
2011 $14,916
2010 $14,697
2009 $14,307
2008 $14,294
2007 $13,734
2006 $13,393
2005 $12,951
2004 $12,543
2003 $12,311
2002 $12,025
2001 $11,842
2000 $11,454
1999 $11,154
1998 $10,977
1997 $10,794
1996 $10,447
1995 $10,188
Year Equivalent
1994 $9,923
1993 $9,657
1992 $9,385
1991 $9,106
1990 $8,582
1989 $8,201
1988 $7,854
1987 $7,520
1986 $7,438
1985 $7,166
1984 $6,894
1983 $6,642
1982 $6,397
1981 $5,873
1980 $5,220
1979 $4,607
1978 $4,226
1977 $3,961
1976 $3,777
1975 $3,532
1974 $3,144
1973 $2,892
1972 $2,797
1971 $2,709
1970 $2,566
1969 $2,416
1968 $2,307
1967 $2,239
Year Equivalent
1966 $2,164
1965 $2,123
1964 $2,103
1963 $2,069
1962 $2,042
1961 $2,028
1960 $2,001
1959 $1,967
1958 $1,933
1957 $1,878
1956 $1,824
1955 $1,817
1954 $1,831
1953 $1,817
1952 $1,803
1951 $1,701
1950 $1,606
1949 $1,640
1948 $1,593
1947 $1,463
1946 $1,239
1945 $1,211
1944 $1,184
1943 $1,150
1942 $1,055
1941 $960
1940 $953
1939 $953
Year Equivalent
1938 $980
1937 $953
1936 $939
1935 $912
1934 $898
1933 $892
1932 $994
1931 $1,096
1930 $1,171
1929 $1,164
1928 $1,177
1927 $1,205
1926 $1,218
1925 $1,177
1924 $1,177
1923 $1,150
1922 $1,177
1921 $1,320
1920 $1,286
1919 $1,123
1918 $932
1917 $789
1916 $701
1915 $687
1914 $681