Calculate the Value of $980 in 1950

What is 980 dollars in 1950 money adjusted for inflation? Convert $980 from 1950 dollars to 2024 dollars.
Amount
$
From
To
$12,738
Adjusted for inflation, $980 in 1950 is equal to $12,738 in 2024.
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 1950 dollars worth?
Year Equivalent
2024 $12,738
2023 $12,325
2022 $11,577
2021 $10,816
2020 $10,671
2019 $10,433
2018 $10,237
2017 $10,026
2016 $9,822
2015 $9,751
2014 $9,677
2013 $9,534
2012 $9,371
2011 $9,102
2010 $8,967
2009 $8,730
2008 $8,722
2007 $8,380
2006 $8,172
2005 $7,902
2004 $7,653
2003 $7,512
2002 $7,338
2001 $7,225
2000 $6,989
1999 $6,806
1998 $6,698
1997 $6,586
Year Equivalent
1996 $6,374
1995 $6,216
1994 $6,054
1993 $5,892
1992 $5,726
1991 $5,556
1990 $5,236
1989 $5,004
1988 $4,792
1987 $4,589
1986 $4,539
1985 $4,373
1984 $4,207
1983 $4,053
1982 $3,903
1981 $3,584
1980 $3,185
1979 $2,811
1978 $2,579
1977 $2,417
1976 $2,305
1975 $2,155
1974 $1,918
1973 $1,765
1972 $1,707
1971 $1,653
1970 $1,566
1969 $1,474
Year Equivalent
1968 $1,408
1967 $1,366
1966 $1,321
1965 $1,296
1964 $1,283
1963 $1,262
1962 $1,246
1961 $1,237
1960 $1,221
1959 $1,200
1958 $1,179
1957 $1,146
1956 $1,113
1955 $1,109
1954 $1,117
1953 $1,109
1952 $1,100
1951 $1,038
1950 $980
1949 $1,001
1948 $972
1947 $893
1946 $756
1945 $739
1944 $723
1943 $702
1942 $644
1941 $586
Year Equivalent
1940 $581
1939 $581
1938 $598
1937 $581
1936 $573
1935 $556
1934 $548
1933 $544
1932 $606
1931 $669
1930 $714
1929 $710
1928 $718
1927 $735
1926 $743
1925 $718
1924 $718
1923 $702
1922 $718
1921 $806
1920 $785
1919 $685
1918 $569
1917 $482
1916 $428
1915 $419
1914 $415