$8,000 in 1990 is the equivalent of how much today?

Question

$8,000 in 1990 is the equivalent of how much today?

Answer 1

$8,000(1990) = $13'259.80 (2008)

This is due to inflation.

Bureau of Labor Statistics have this calculator here:

http://data.bls.gov/cgi-bin/cpicalc.pl

Answer 2

To buy what 8,000 would buy in 1990 it would take 30 to 40 thousand dollars today . Say a 8 thousand dollar car in 1990 was sold today which would be a all options on a top of the line caddy today ?

Answer 3

$13,000

Answer 4

In 1990 you could purchase a 1985 Ford F150 half ton with a crew cab. (We did this).  Today, a 5 year old Ford F150 would cost about 7,880.   (Flareside in Springfield, Texas)  All in all purchasing power hasn't changed to much.