$5,000 in 1988 is worth $14,158.07 today

$5,000 in 1988 has the same buying power as

$14,158.07 in August 2026

That is 183% more, an average inflation rate of 2.77% a year over 38 years.

Put the other way, $5,000 today buys what $1,765.78 bought in 1988. Cash kept under the mattress since 1988 has lost 65% of its value.

$5,000 from nearby years

$5,000 inWorth in August 2026Inflation that year
1983$16,816.273.2%
1984$16,120.314.3%
1985$15,565.993.6%
1986$15,281.931.9%
1987$14,743.843.6%
1988$14,158.074.1%
1989$13,507.264.8%
1990$12,814.845.4%
1991$12,297.364.2%
1992$11,937.993.0%
1993$11,591.003.0%

How $5,000 from 1988 grew

$0.00$2000$4000$6000$8000$10K$12K$14K$16K199019952000200520102015202020252026.625: $14K
$5,000 from 1988 in each later year's dollars

$5,000 of 1988 spending, by category

Not everything rose at the same pace. What $5,000 spent on each of these in 1988 costs today:

CategoryCost in August 2026
Food$14,823.10
Rent$17,566.39
Gasoline$22,261.01
Medical care$21,392.60
New cars$7,713.09
College tuition$32,917.93
Electricity$13,903.90
Clothing$5,925.13

Try a different amount or date

$5,000.00 in 1988 has the same buying power as

$14,158.07 in August 2026

Prices rose 183.2% in total, an average of 2.77% a year.

Questions

How much is $5,000 in 1988 worth today?
$5,000 in 1988 is worth $14,158.07 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $5,000 in 1988?
You would need $14,158.07 to buy what $5,000 bought in 1988. That is 2.83 times as much.
How much buying power has $5,000 lost since 1988?
Kept as cash, $5,000 from 1988 buys only what $1,765.78 of 1988 money bought. It has lost 65% of its buying power.
What was inflation in 1988?
Prices rose 4.1% in 1988. Since then the average has been 2.77% a year.

Other amounts from 1988

$5,000 in other decades

Everything about inflation in 1988