Calculate the Value of $980 in 1947

What is $980 in 1947 worth in today's money?
Amount
$
From
To
$12,708
Adjusted for inflation, $980 in 1947 is equal to $12,708 in 2022.
Annual inflation over this period was 3.48%.
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 1947 dollars worth?
Year Equivalent
2022 $12,708
2021 $11,873
2020 $11,713
2019 $11,452
2018 $11,237
2017 $11,005
2016 $10,781
2015 $10,703
2014 $10,623
2013 $10,466
2012 $10,286
2011 $9,990
2010 $9,843
2009 $9,582
2008 $9,574
2007 $9,198
2006 $8,970
2005 $8,674
2004 $8,401
2003 $8,246
2002 $8,054
2001 $7,931
2000 $7,671
1999 $7,471
1998 $7,352
1997 $7,229
1996 $6,997
1995 $6,824
Year Equivalent
1994 $6,646
1993 $6,468
1992 $6,286
1991 $6,099
1990 $5,748
1989 $5,493
1988 $5,260
1987 $5,037
1986 $4,982
1985 $4,800
1984 $4,617
1983 $4,449
1982 $4,285
1981 $3,934
1980 $3,496
1979 $3,086
1978 $2,831
1977 $2,653
1976 $2,530
1975 $2,366
1974 $2,106
1973 $1,937
1972 $1,873
1971 $1,814
1970 $1,718
1969 $1,618
1968 $1,545
1967 $1,500
Year Equivalent
1966 $1,449
1965 $1,422
1964 $1,408
1963 $1,386
1962 $1,367
1961 $1,358
1960 $1,340
1959 $1,317
1958 $1,295
1957 $1,258
1956 $1,222
1955 $1,217
1954 $1,226
1953 $1,217
1952 $1,208
1951 $1,140
1950 $1,076
1949 $1,099
1948 $1,067
1947 $980
1946 $830
1945 $811
1944 $793
1943 $770
1942 $707
1941 $643
1940 $638
1939 $638
Year Equivalent
1938 $656
1937 $638
1936 $629
1935 $611
1934 $602
1933 $597
1932 $665
1931 $734
1930 $784
1929 $779
1928 $789
1927 $807
1926 $816
1925 $789
1924 $789
1923 $770
1922 $789
1921 $884
1920 $861
1919 $752
1918 $624
1917 $529
1916 $469
1915 $460
1914 $456