$5,000 in 1988 is worth $14,158.07 today
$5,000 in 1988 has the same buying power as
$14,158.07 in August 2026
That is 183% more, an average inflation rate of 2.77% a year over 38 years.
Put the other way, $5,000 today buys what $1,765.78 bought in 1988. Cash kept under the mattress since 1988 has lost 65% of its value.
$5,000 from nearby years
| $5,000 in | Worth in August 2026 | Inflation that year |
|---|---|---|
| 1983 | $16,816.27 | 3.2% |
| 1984 | $16,120.31 | 4.3% |
| 1985 | $15,565.99 | 3.6% |
| 1986 | $15,281.93 | 1.9% |
| 1987 | $14,743.84 | 3.6% |
| 1988 | $14,158.07 | 4.1% |
| 1989 | $13,507.26 | 4.8% |
| 1990 | $12,814.84 | 5.4% |
| 1991 | $12,297.36 | 4.2% |
| 1992 | $11,937.99 | 3.0% |
| 1993 | $11,591.00 | 3.0% |
How $5,000 from 1988 grew
$5,000 of 1988 spending, by category
Not everything rose at the same pace. What $5,000 spent on each of these in 1988 costs today:
| Category | Cost in August 2026 |
|---|---|
| Food | $14,823.10 |
| Rent | $17,566.39 |
| Gasoline | $22,261.01 |
| Medical care | $21,392.60 |
| New cars | $7,713.09 |
| College tuition | $32,917.93 |
| Electricity | $13,903.90 |
| Clothing | $5,925.13 |
Try a different amount or date
Questions
- How much is $5,000 in 1988 worth today?
- $5,000 in 1988 is worth $14,158.07 in August 2026 dollars, according to the U.S. Consumer Price Index.
- How much would I need today to match $5,000 in 1988?
- You would need $14,158.07 to buy what $5,000 bought in 1988. That is 2.83 times as much.
- How much buying power has $5,000 lost since 1988?
- Kept as cash, $5,000 from 1988 buys only what $1,765.78 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
- $1 in 1988
- $5 in 1988
- $10 in 1988
- $20 in 1988
- $50 in 1988
- $100 in 1988
- $500 in 1988
- $1,000 in 1988
- $10,000 in 1988
- $20,000 in 1988
- $50,000 in 1988
- $100,000 in 1988
- $1 million in 1988