Calculate the Value of $16,000 in 1923

What is $16k in 1923 money adjusted for inflation? Convert $16,000 from 1923 dollars to 2024 dollars.
Amount
$
From
To
$290,410
Adjusted for inflation, $16,000 in 1923 is equal to $290,410 in 2024.
Annual inflation over this period was 2.91%.
Value of a dollar
Calculates inflation to see what a U.S. dollar was worth in the past and today. View historical and today's current inflation rates, using the CPI provided by the United States government. Inflation data is updated regularly, so results may differ from other websites. How much has the cost of living increased? What was inflation for a specific period?
How much is $16,000 in 1923 dollars worth?
Year Equivalent
2024 $290,410
2023 $280,991
2022 $263,955
2021 $246,603
2020 $243,289
2019 $237,854
2018 $233,396
2017 $228,575
2016 $223,929
2015 $222,307
2014 $220,638
2013 $217,374
2012 $213,654
2011 $207,507
2010 $204,449
2009 $199,032
2008 $198,851
2007 $191,053
2006 $186,320
2005 $180,166
2004 $174,485
2003 $171,266
2002 $167,290
2001 $164,734
2000 $159,337
1999 $155,172
1998 $152,710
1997 $150,154
Year Equivalent
1996 $145,325
1995 $141,728
1994 $138,036
1993 $134,343
1992 $130,556
1991 $126,675
1990 $119,385
1989 $114,083
1988 $109,254
1987 $104,615
1986 $103,479
1985 $99,692
1984 $95,905
1983 $92,402
1982 $88,994
1981 $81,704
1980 $72,615
1979 $64,095
1978 $58,793
1977 $55,101
1976 $52,544
1975 $49,136
1974 $43,740
1973 $40,237
1972 $38,911
1971 $37,680
1970 $35,692
1969 $33,609
Year Equivalent
1968 $32,095
1967 $31,148
1966 $30,107
1965 $29,538
1964 $29,254
1963 $28,781
1962 $28,402
1961 $28,213
1960 $27,834
1959 $27,361
1958 $26,888
1957 $26,130
1956 $25,373
1955 $25,278
1954 $25,467
1953 $25,278
1952 $25,089
1951 $23,669
1950 $22,343
1949 $22,817
1948 $22,154
1947 $20,355
1946 $17,231
1945 $16,852
1944 $16,473
1943 $16,000
1942 $14,675
1941 $13,349
Year Equivalent
1940 $13,254
1939 $13,254
1938 $13,633
1937 $13,254
1936 $13,065
1935 $12,686
1934 $12,497
1933 $12,402
1932 $13,822
1931 $15,243
1930 $16,284
1929 $16,189
1928 $16,379
1927 $16,757
1926 $16,947
1925 $16,379
1924 $16,379
1923 $16,000
1922 $16,379
1921 $18,367
1920 $17,893
1919 $15,621
1918 $12,970
1917 $10,982
1916 $9,751
1915 $9,562
1914 $9,467