Calculate the Value of $31,000 in 1971

What is $31k in 1971 money adjusted for inflation? Convert $31,000 from 1971 dollars to 2024 dollars.
Amount
$
From
To
$238,923
Adjusted for inflation, $31,000 in 1971 is equal to $238,923 in 2024.
Annual inflation over this period was 3.93%.
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 $31,000 in 1971 dollars worth?
Year Equivalent
2024 $238,923
2023 $231,174
2022 $217,157
2021 $202,882
2020 $200,156
2019 $195,684
2018 $192,016
2017 $188,050
2016 $184,228
2015 $182,894
2014 $181,521
2013 $178,835
2012 $175,775
2011 $170,717
2010 $168,201
2009 $163,745
2008 $163,596
2007 $157,181
2006 $153,286
2005 $148,224
2004 $143,550
2003 $140,902
2002 $137,631
2001 $135,528
2000 $131,088
1999 $127,661
1998 $125,636
1997 $123,533
Year Equivalent
1996 $119,560
1995 $116,601
1994 $113,563
1993 $110,525
1992 $107,410
1991 $104,216
1990 $98,219
1989 $93,857
1988 $89,884
1987 $86,068
1986 $85,133
1985 $82,018
1984 $78,902
1983 $76,020
1982 $73,216
1981 $67,219
1980 $59,741
1979 $52,731
1978 $48,369
1977 $45,332
1976 $43,229
1975 $40,425
1974 $35,985
1973 $33,103
1972 $32,013
1971 $31,000
1970 $29,364
1969 $27,651
Year Equivalent
1968 $26,405
1967 $25,626
1966 $24,769
1965 $24,302
1964 $24,068
1963 $23,678
1962 $23,367
1961 $23,211
1960 $22,899
1959 $22,510
1958 $22,121
1957 $21,497
1956 $20,874
1955 $20,796
1954 $20,952
1953 $20,796
1952 $20,641
1951 $19,472
1950 $18,382
1949 $18,771
1948 $18,226
1947 $16,746
1946 $14,176
1945 $13,864
1944 $13,553
1943 $13,163
1942 $12,073
1941 $10,982
Year Equivalent
1940 $10,905
1939 $10,905
1938 $11,216
1937 $10,905
1936 $10,749
1935 $10,437
1934 $10,281
1933 $10,204
1932 $11,372
1931 $12,540
1930 $13,397
1929 $13,319
1928 $13,475
1927 $13,786
1926 $13,942
1925 $13,475
1924 $13,475
1923 $13,163
1922 $13,475
1921 $15,111
1920 $14,721
1919 $12,852
1918 $10,671
1917 $9,035
1916 $8,023
1915 $7,867
1914 $7,789