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What is 23 Dollars in 1988 worth in today's dollars? What's the rate of inflation on $23 since 1988?

Enter the years and amount and click Calculate.

How much inflation has there been on $23 since 1988? What are the current inflation rates? How much is 23 Dollars in 1988 worth in today's dollars?

View inflation by year of the US dollar. Enter your details into the calculator or browse the chart below to see how the cost of living index has changed in the United States over time.

How is inflation on 23 Dollars in 1988 calculated?

The Consumer Price Index aggregates prices in the US over time. The rate of inflation is then compared based on the change in the CPI.

For example, the CPI was 115.4 in 1988 and 315.605 in 2025. So the amount in 1988 is multiplied by (315.605 / 115.4), or 2.7348786828423. So $23 in 1988 had the same purchasing power as about $62.90 in 2025.