what would 15,000 dollars in 1948 be worth in today's dollars?

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If a person earned 15,000 dollars per year in 1948, what would that equate to in today's dollars (USA)?

2006-06-28 18:37:27 · 3 answers · asked by Mark H 1 in Social Science ➔ Economics

There are lots of inflation calculators on the web. Most of them use the CPI.

So, 15k would be worth about 124k in 2005.

2006-06-29 11:26:20 · answer #1 · answered by Arbitrage 7 · 1⤊ 0⤋

If you assume 2% inflation per year, you would come up with $47,304.

2006-06-29 10:58:10 · answer #2 · answered by bizsmithy 5 · 0⤊ 0⤋

ummmm 1 zillion dollas

2006-06-29 01:48:38 · answer #3 · answered by Anonymous · 0⤊ 0⤋