$5 in 1988 is worth $14.16 today

$5 in 1988 has the same buying power as

$14.16 in August 2026

That is 183% more, an average inflation rate of 2.77% a year over 38 years.

Put the other way, $5 today buys what $1.77 bought in 1988. Cash kept under the mattress since 1988 has lost 65% of its value.

$5 from nearby years

$5 inWorth in August 2026Inflation that year
1983$16.823.2%
1984$16.124.3%
1985$15.573.6%
1986$15.281.9%
1987$14.743.6%
1988$14.164.1%
1989$13.514.8%
1990$12.815.4%
1991$12.304.2%
1992$11.943.0%
1993$11.593.0%

How $5 from 1988 grew

$0.00$2.00$4.00$6.00$8.00$10$12$14$16199019952000200520102015202020252026.625: $14
$5 from 1988 in each later year's dollars

$5 of 1988 spending, by category

Not everything rose at the same pace. What $5 spent on each of these in 1988 costs today:

CategoryCost in August 2026
Food$14.82
Rent$17.57
Gasoline$22.26
Medical care$21.39
New cars$7.71
College tuition$32.92
Electricity$13.90
Clothing$5.93

Try a different amount or date

$5.00 in 1988 has the same buying power as

$14.16 in August 2026

Prices rose 183.2% in total, an average of 2.77% a year.

Questions

How much is $5 in 1988 worth today?
$5 in 1988 is worth $14.16 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $5 in 1988?
You would need $14.16 to buy what $5 bought in 1988. That is 2.83 times as much.
How much buying power has $5 lost since 1988?
Kept as cash, $5 from 1988 buys only what $1.77 of 1988 money bought. It has lost 65% of its buying power.
What was inflation in 1988?
Prices rose 4.1% in 1988. Since then the average has been 2.77% a year.

Other amounts from 1988

$5 in other decades

Everything about inflation in 1988