Calculate the Value of $980 in 1954

What is 980 dollars in 1954 money adjusted for inflation? Convert $980 from 1954 dollars to 2024 dollars.
Amount
$
From
To
$11,175
Adjusted for inflation, $980 in 1954 is equal to $11,175 in 2024.
Annual inflation over this period was 3.54%.
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 1954 dollars worth?
Year Equivalent
2024 $11,175
2023 $10,813
2022 $10,157
2021 $9,489
2020 $9,362
2019 $9,153
2018 $8,981
2017 $8,796
2016 $8,617
2015 $8,554
2014 $8,490
2013 $8,365
2012 $8,222
2011 $7,985
2010 $7,867
2009 $7,659
2008 $7,652
2007 $7,352
2006 $7,170
2005 $6,933
2004 $6,714
2003 $6,590
2002 $6,437
2001 $6,339
2000 $6,131
1999 $5,971
1998 $5,876
1997 $5,778
Year Equivalent
1996 $5,592
1995 $5,454
1994 $5,312
1993 $5,170
1992 $5,024
1991 $4,874
1990 $4,594
1989 $4,390
1988 $4,204
1987 $4,026
1986 $3,982
1985 $3,836
1984 $3,690
1983 $3,556
1982 $3,425
1981 $3,144
1980 $2,794
1979 $2,466
1978 $2,262
1977 $2,120
1976 $2,022
1975 $1,891
1974 $1,683
1973 $1,548
1972 $1,497
1971 $1,450
1970 $1,373
1969 $1,293
Year Equivalent
1968 $1,235
1967 $1,199
1966 $1,159
1965 $1,137
1964 $1,126
1963 $1,108
1962 $1,093
1961 $1,086
1960 $1,071
1959 $1,053
1958 $1,035
1957 $1,006
1956 $976
1955 $973
1954 $980
1953 $973
1952 $965
1951 $911
1950 $860
1949 $878
1948 $852
1947 $783
1946 $663
1945 $648
1944 $634
1943 $616
1942 $565
1941 $514
Year Equivalent
1940 $510
1939 $510
1938 $525
1937 $510
1936 $503
1935 $488
1934 $481
1933 $477
1932 $532
1931 $587
1930 $627
1929 $623
1928 $630
1927 $645
1926 $652
1925 $630
1924 $630
1923 $616
1922 $630
1921 $707
1920 $689
1919 $601
1918 $499
1917 $423
1916 $375
1915 $368
1914 $364