Calculate the Value of $980,000 in 1987

What is $980k in 1987 money adjusted for inflation? Convert $980,000 from 1987 dollars to 2024 dollars.
Amount
$
From
To
$2,720,462
Adjusted for inflation, $980,000 in 1987 is equal to $2,720,462 in 2024.
Annual inflation over this period was 2.80%.
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 $980,000 in 1987 dollars worth?
Year Equivalent
2024 $2,720,462
2023 $2,632,227
2022 $2,472,633
2021 $2,310,086
2020 $2,279,045
2019 $2,228,130
2018 $2,186,367
2017 $2,141,207
2016 $2,097,688
2015 $2,082,496
2014 $2,066,860
2013 $2,036,280
2012 $2,001,435
2011 $1,943,850
2010 $1,915,204
2009 $1,864,466
2008 $1,862,763
2007 $1,789,719
2006 $1,745,376
2005 $1,687,729
2004 $1,634,516
2003 $1,604,362
2002 $1,567,113
2001 $1,543,167
2000 $1,492,615
1999 $1,453,593
1998 $1,430,534
1997 $1,406,588
Year Equivalent
1996 $1,361,357
1995 $1,327,656
1994 $1,293,068
1993 $1,258,480
1992 $1,223,005
1991 $1,186,643
1990 $1,118,353
1989 $1,068,688
1988 $1,023,457
1987 $980,000
1986 $969,357
1985 $933,882
1984 $898,407
1983 $865,593
1982 $833,665
1981 $765,376
1980 $680,235
1979 $600,416
1978 $550,751
1977 $516,163
1976 $492,217
1975 $460,290
1974 $409,738
1973 $376,923
1972 $364,507
1971 $352,977
1970 $334,353
1969 $314,842
Year Equivalent
1968 $300,652
1967 $291,783
1966 $282,027
1965 $276,706
1964 $274,045
1963 $269,611
1962 $266,063
1961 $264,290
1960 $260,742
1959 $256,308
1958 $251,873
1957 $244,778
1956 $237,683
1955 $236,796
1954 $238,570
1953 $236,796
1952 $235,023
1951 $221,719
1950 $209,303
1949 $213,738
1948 $207,529
1947 $190,679
1946 $161,412
1945 $157,864
1944 $154,317
1943 $149,882
1942 $137,466
1941 $125,050
Year Equivalent
1940 $124,163
1939 $124,163
1938 $127,710
1937 $124,163
1936 $122,389
1935 $118,842
1934 $117,068
1933 $116,181
1932 $129,484
1931 $142,787
1930 $152,543
1929 $151,656
1928 $153,430
1927 $156,977
1926 $158,751
1925 $153,430
1924 $153,430
1923 $149,882
1922 $153,430
1921 $172,054
1920 $167,620
1919 $146,335
1918 $121,502
1917 $102,878
1916 $91,348
1915 $89,575
1914 $88,688