Calculate the Value of $980 in 1956

What is $980 in 1956 worth in today's money?
Amount
$
From
To
$10,195
Adjusted for inflation, $980 in 1956 is equal to $10,195 in 2022.
Annual inflation over this period was 3.61%.
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 1956 dollars worth?
Year Equivalent
2022 $10,195
2021 $9,525
2020 $9,397
2019 $9,187
2018 $9,015
2017 $8,828
2016 $8,649
2015 $8,586
2014 $8,522
2013 $8,396
2012 $8,252
2011 $8,015
2010 $7,897
2009 $7,687
2008 $7,680
2007 $7,379
2006 $7,196
2005 $6,959
2004 $6,739
2003 $6,615
2002 $6,461
2001 $6,363
2000 $6,154
1999 $5,993
1998 $5,898
1997 $5,800
1996 $5,613
1995 $5,474
Year Equivalent
1994 $5,331
1993 $5,189
1992 $5,043
1991 $4,893
1990 $4,611
1989 $4,406
1988 $4,220
1987 $4,041
1986 $3,997
1985 $3,851
1984 $3,704
1983 $3,569
1982 $3,437
1981 $3,156
1980 $2,805
1979 $2,476
1978 $2,271
1977 $2,128
1976 $2,029
1975 $1,898
1974 $1,689
1973 $1,554
1972 $1,503
1971 $1,455
1970 $1,379
1969 $1,298
1968 $1,240
1967 $1,203
Year Equivalent
1966 $1,163
1965 $1,141
1964 $1,130
1963 $1,112
1962 $1,097
1961 $1,090
1960 $1,075
1959 $1,057
1958 $1,039
1957 $1,009
1956 $980
1955 $976
1954 $984
1953 $976
1952 $969
1951 $914
1950 $863
1949 $881
1948 $856
1947 $786
1946 $666
1945 $651
1944 $636
1943 $618
1942 $567
1941 $516
1940 $512
1939 $512
Year Equivalent
1938 $527
1937 $512
1936 $505
1935 $490
1934 $483
1933 $479
1932 $534
1931 $589
1930 $629
1929 $625
1928 $633
1927 $647
1926 $655
1925 $633
1924 $633
1923 $618
1922 $633
1921 $709
1920 $691
1919 $603
1918 $501
1917 $424
1916 $377
1915 $369
1914 $366