# $20,355 in 1990 is worth$25,385.35 in 1998

$20,355 in 1990 has the same purchasing power as$25,385.35 in 1998. Over the 8 years this is a change of $5,030.35. The average inflation rate of the dollar between 1990 and 1998 was 3.09% per year. The cumulative price increase of the dollar over this time was 24.71%. ## The value of$20,355 from 1990 to 1998

So what does this data mean? It means that the prices in 1998 are 253.85 higher than the average prices since 1990. A dollar in 1998 can buy 80.18% of what it could buy in 1990.

We can look at the buying power equivalent for $20,355 in 1990 to see how much you would need to adjust for in order to beat inflation. For 1990 to 1998, if you started with$20,355 in 1990, you would need to have $25,385.35 in 1990 to keep up with inflation rates. So if we are saying that$20,355 is equivalent to $25,385.35 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 8 years. ## Value of$20,355 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
1990 $20,355.00 5.40% 1991$21,211.56 4.21%
1992 $21,850.09 3.01% 1993$22,504.19 2.99%
1994 $23,080.42 2.56% 1995$23,734.52 2.83%
1996 $24,435.34 2.95% 1997$24,996.00 2.29%