$74,236 in 1926 is worth$496,164.90 in 1988

$74,236 in 1926 has the same purchasing power as$496,164.90 in 1988. Over the 62 years this is a change of $421,928.90. The average inflation rate of the dollar between 1926 and 1988 was 3.18% per year. The cumulative price increase of the dollar over this time was 568.36%. The value of$74,236 from 1926 to 1988

So what does this data mean? It means that the prices in 1988 are 4,961.65 higher than the average prices since 1926. A dollar in 1988 can buy 14.96% of what it could buy in 1926.

We can look at the buying power equivalent for $74,236 in 1926 to see how much you would need to adjust for in order to beat inflation. For 1926 to 1988, if you started with$74,236 in 1926, you would need to have $496,164.90 in 1926 to keep up with inflation rates. So if we are saying that$74,236 is equivalent to $496,164.90 over time, you can see the core concept of inflation in action. The "real value" of a single dollar decreases over time. It will pay for fewer items at the store than it did previously. In the chart below you can see how the value of the dollar is worth less over 62 years. Value of$74,236 Over Time

In the table below we can see the value of the US Dollar over time. According to the BLS, each of these amounts are equivalent in terms of what that amount could purchase at the time.

Year Dollar Value Inflation Rate
1926 $74,236.00 1.14% 1927$72,977.76 -1.69%
1928 $71,719.53 -1.72% 1929$71,719.53 0.00%
1930 $70,041.88 -2.34% 1931$63,750.69 -8.98%
1932 $57,459.50 -9.87% 1933$54,523.62 -5.11%
1934 $56,201.27 3.08% 1935$57,459.50 2.24%
1936 $58,298.33 1.46% 1937$60,395.39 3.60%
1938 $59,137.15 -2.08% 1939$58,298.33 -1.42%
1940 $58,717.74 0.72% 1941$61,653.63 5.00%
1942 $68,364.23 10.88% 1943$72,558.35 6.13%
1944 $73,816.59 1.73% 1945$75,494.24 2.27%
1946 $81,785.42 8.33% 1947$93,528.97 14.36%
1948 $101,078.40 8.07% 1949$99,820.16 -1.24%
1950 $101,078.40 1.26% 1951$109,047.23 7.88%
1952 $111,144.29 1.92% 1953$111,983.12 0.75%
1954 $112,821.94 0.75% 1955$112,402.53 -0.37%
1956 $114,080.18 1.49% 1957$117,854.89 3.31%
1958 $121,210.19 2.85% 1959$122,049.02 0.69%
1960 $124,146.08 1.72% 1961$125,404.32 1.01%
1962 $126,662.55 1.00% 1963$128,340.20 1.32%
1964 $130,017.85 1.31% 1965$132,114.92 1.61%
1966 $135,889.63 2.86% 1967$140,083.75 3.09%
1968 $145,955.53 4.19% 1969$153,924.36 5.46%
1970 $162,732.02 5.72% 1971$169,862.03 4.38%
1972 $175,314.40 3.21% 1973$186,219.12 6.22%
1974 $206,770.33 11.04% 1975$225,643.89 9.13%
1976 $238,645.67 5.76% 1977$254,163.93 6.50%
1978 $273,456.90 7.59% 1979$304,493.42 11.35%
1980 $345,595.84 13.50% 1981$381,245.90 10.32%
1982 $404,732.99 6.16% 1983$417,734.78 3.21%
1984 $435,769.51 4.32% 1985$451,287.77 3.56%
1986 $459,676.02 1.86% 1987$476,452.52 3.65%