# $11,171 in 1944 is worth$75,086.89 in 1988

$11,171 in 1944 has the same purchasing power as$75,086.89 in 1988. Over the 44 years this is a change of $63,915.89. The average inflation rate of the dollar between 1944 and 1988 was 4.43% per year. The cumulative price increase of the dollar over this time was 572.16%. ## The value of$11,171 from 1944 to 1988

So what does this data mean? It means that the prices in 1988 are 750.87 higher than the average prices since 1944. A dollar in 1988 can buy 14.88% of what it could buy in 1944.

We can look at the buying power equivalent for $11,171 in 1944 to see how much you would need to adjust for in order to beat inflation. For 1944 to 1988, if you started with$11,171 in 1944, you would need to have $75,086.89 in 1944 to keep up with inflation rates. So if we are saying that$11,171 is equivalent to $75,086.89 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 44 years. ## Value of$11,171 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
1944 $11,171.00 1.73% 1945$11,424.89 2.27%
1946 $12,376.96 8.33% 1947$14,154.16 14.36%
1948 $15,296.65 8.07% 1949$15,106.24 -1.24%
1950 $15,296.65 1.26% 1951$16,502.61 7.88%
1952 $16,819.97 1.92% 1953$16,946.91 0.75%
1954 $17,073.86 0.75% 1955$17,010.39 -0.37%
1956 $17,264.27 1.49% 1957$17,835.52 3.31%
1958 $18,343.29 2.85% 1959$18,470.23 0.69%
1960 $18,787.59 1.72% 1961$18,978.01 1.01%
1962 $19,168.42 1.00% 1963$19,422.31 1.32%
1964 $19,676.19 1.31% 1965$19,993.55 1.61%
1966 $20,564.80 2.86% 1967$21,199.51 3.09%
1968 $22,088.11 4.19% 1969$23,294.07 5.46%
1970 $24,626.98 5.72% 1971$25,705.99 4.38%
1972 $26,531.13 3.21% 1973$28,181.39 6.22%
1974 $31,291.49 11.04% 1975$34,147.72 9.13%
1976 $36,115.34 5.76% 1977$38,463.78 6.50%
1978 $41,383.48 7.59% 1979$46,080.38 11.35%
1980 $52,300.59 13.50% 1981$57,695.68 10.32%
1982 $61,250.09 6.16% 1983$63,217.70 3.21%
1984 $65,946.98 4.32% 1985$68,295.43 3.56%
1986 $69,564.86 1.86% 1987$72,103.73 3.65%