Calculate the Value of $980 in 1974

What is $980 in 1974 worth in today's money?
Amount
$
From
To
$5,914
Adjusted for inflation, $980 in 1974 is equal to $5,914 in 2022.
Annual inflation over this period was 3.82%.
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 1974 dollars worth?
Year Equivalent
2022 $5,914
2021 $5,525
2020 $5,451
2019 $5,329
2018 $5,229
2017 $5,121
2016 $5,017
2015 $4,981
2014 $4,943
2013 $4,870
2012 $4,787
2011 $4,649
2010 $4,581
2009 $4,459
2008 $4,455
2007 $4,281
2006 $4,175
2005 $4,037
2004 $3,909
2003 $3,837
2002 $3,748
2001 $3,691
2000 $3,570
1999 $3,477
1998 $3,422
1997 $3,364
1996 $3,256
1995 $3,175
Year Equivalent
1994 $3,093
1993 $3,010
1992 $2,925
1991 $2,838
1990 $2,675
1989 $2,556
1988 $2,448
1987 $2,344
1986 $2,318
1985 $2,234
1984 $2,149
1983 $2,070
1982 $1,994
1981 $1,831
1980 $1,627
1979 $1,436
1978 $1,317
1977 $1,235
1976 $1,177
1975 $1,101
1974 $980
1973 $902
1972 $872
1971 $844
1970 $800
1969 $753
1968 $719
1967 $698
Year Equivalent
1966 $675
1965 $662
1964 $655
1963 $645
1962 $636
1961 $632
1960 $624
1959 $613
1958 $602
1957 $585
1956 $568
1955 $566
1954 $571
1953 $566
1952 $562
1951 $530
1950 $501
1949 $511
1948 $496
1947 $456
1946 $386
1945 $378
1944 $369
1943 $358
1942 $329
1941 $299
1940 $297
1939 $297
Year Equivalent
1938 $305
1937 $297
1936 $293
1935 $284
1934 $280
1933 $278
1932 $310
1931 $342
1930 $365
1929 $363
1928 $367
1927 $375
1926 $380
1925 $367
1924 $367
1923 $358
1922 $367
1921 $412
1920 $401
1919 $350
1918 $291
1917 $246
1916 $218
1915 $214
1914 $212