Calculate the Value of $31,000 in 2016

What is $31k in 2016 money adjusted for inflation? Convert $31,000 from 2016 dollars to 2024 dollars.
Amount
$
From
To
$40,203
Adjusted for inflation, $31,000 in 2016 is equal to $40,203 in 2024.
Annual inflation over this period was 3.30%.
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 2016 dollars worth?
Year Equivalent
2024 $40,203
2023 $38,900
2022 $36,541
2021 $34,139
2020 $33,680
2019 $32,928
2018 $32,311
2017 $31,643
2016 $31,000
2015 $30,775
2014 $30,544
2013 $30,093
2012 $29,578
2011 $28,727
2010 $28,303
2009 $27,553
2008 $27,528
2007 $26,449
2006 $25,793
2005 $24,942
2004 $24,155
2003 $23,710
2002 $23,159
2001 $22,805
2000 $22,058
1999 $21,481
1998 $21,141
1997 $20,787
Year Equivalent
1996 $20,118
1995 $19,620
1994 $19,109
1993 $18,598
1992 $18,074
1991 $17,536
1990 $16,527
1989 $15,793
1988 $15,125
1987 $14,483
1986 $14,325
1985 $13,801
1984 $13,277
1983 $12,792
1982 $12,320
1981 $11,311
1980 $10,053
1979 $8,873
1978 $8,139
1977 $7,628
1976 $7,274
1975 $6,802
1974 $6,055
1973 $5,570
1972 $5,387
1971 $5,216
1970 $4,941
1969 $4,653
Year Equivalent
1968 $4,443
1967 $4,312
1966 $4,168
1965 $4,089
1964 $4,050
1963 $3,984
1962 $3,932
1961 $3,906
1960 $3,853
1959 $3,788
1958 $3,722
1957 $3,617
1956 $3,513
1955 $3,499
1954 $3,526
1953 $3,499
1952 $3,473
1951 $3,277
1950 $3,093
1949 $3,159
1948 $3,067
1947 $2,818
1946 $2,385
1945 $2,333
1944 $2,281
1943 $2,215
1942 $2,031
1941 $1,848
Year Equivalent
1940 $1,835
1939 $1,835
1938 $1,887
1937 $1,835
1936 $1,809
1935 $1,756
1934 $1,730
1933 $1,717
1932 $1,914
1931 $2,110
1930 $2,254
1929 $2,241
1928 $2,267
1927 $2,320
1926 $2,346
1925 $2,267
1924 $2,267
1923 $2,215
1922 $2,267
1921 $2,543
1920 $2,477
1919 $2,163
1918 $1,796
1917 $1,520
1916 $1,350
1915 $1,324
1914 $1,311