Calculate the Value of $980,000 in 1988

What is $980k in 1988 money adjusted for inflation? Convert $980,000 from 1988 dollars to 2024 dollars.
Amount
$
From
To
$2,604,949
Adjusted for inflation, $980,000 in 1988 is equal to $2,604,949 in 2024.
Annual inflation over this period was 2.75%.
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 1988 dollars worth?
Year Equivalent
2024 $2,604,949
2023 $2,520,460
2022 $2,367,643
2021 $2,211,998
2020 $2,182,275
2019 $2,133,521
2018 $2,093,531
2017 $2,050,289
2016 $2,008,618
2015 $1,994,071
2014 $1,979,099
2013 $1,949,818
2012 $1,916,452
2011 $1,861,312
2010 $1,833,882
2009 $1,785,298
2008 $1,783,668
2007 $1,713,726
2006 $1,671,265
2005 $1,616,066
2004 $1,565,113
2003 $1,536,239
2002 $1,500,572
2001 $1,477,643
2000 $1,429,237
1999 $1,391,872
1998 $1,369,792
1997 $1,346,863
Year Equivalent
1996 $1,303,553
1995 $1,271,282
1994 $1,238,163
1993 $1,205,043
1992 $1,171,075
1991 $1,136,256
1990 $1,070,867
1989 $1,023,310
1988 $980,000
1987 $938,388
1986 $928,198
1985 $894,229
1984 $860,260
1983 $828,839
1982 $798,267
1981 $732,877
1980 $651,352
1979 $574,922
1978 $527,366
1977 $494,246
1976 $471,317
1975 $440,745
1974 $392,340
1973 $360,919
1972 $349,029
1971 $337,990
1970 $320,156
1969 $301,473
Year Equivalent
1968 $287,886
1967 $279,393
1966 $270,052
1965 $264,957
1964 $262,409
1963 $258,163
1962 $254,766
1961 $253,068
1960 $249,671
1959 $245,425
1958 $241,179
1957 $234,385
1956 $227,591
1955 $226,742
1954 $228,440
1953 $226,742
1952 $225,043
1951 $212,305
1950 $200,416
1949 $204,662
1948 $198,718
1947 $182,582
1946 $154,558
1945 $151,161
1944 $147,764
1943 $143,518
1942 $131,629
1941 $119,740
Year Equivalent
1940 $118,891
1939 $118,891
1938 $122,288
1937 $118,891
1936 $117,192
1935 $113,795
1934 $112,097
1933 $111,248
1932 $123,986
1931 $136,724
1930 $146,066
1929 $145,217
1928 $146,915
1927 $150,312
1926 $152,010
1925 $146,915
1924 $146,915
1923 $143,518
1922 $146,915
1921 $164,749
1920 $160,503
1919 $140,121
1918 $116,343
1917 $98,510
1916 $87,470
1915 $85,771
1914 $84,922