Calculate the Value of $340,000 in 1938

What is $340k in 1938 money adjusted for inflation? Convert $340,000 from 1938 dollars to 2024 dollars.
Amount
$
From
To
$7,242,614
Adjusted for inflation, $340,000 in 1938 is equal to $7,242,614 in 2024.
Annual inflation over this period was 3.62%.
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 $340,000 in 1938 dollars worth?
Year Equivalent
2024 $7,242,614
2023 $7,007,707
2022 $6,582,825
2021 $6,150,081
2020 $6,067,442
2019 $5,931,890
2018 $5,820,706
2017 $5,700,478
2016 $5,584,618
2015 $5,544,172
2014 $5,502,546
2013 $5,421,135
2012 $5,328,367
2011 $5,175,060
2010 $5,098,796
2009 $4,963,717
2008 $4,959,183
2007 $4,764,722
2006 $4,646,667
2005 $4,493,194
2004 $4,351,528
2003 $4,271,250
2002 $4,172,083
2001 $4,108,333
2000 $3,973,750
1999 $3,869,861
1998 $3,808,472
1997 $3,744,722
Year Equivalent
1996 $3,624,306
1995 $3,534,583
1994 $3,442,500
1993 $3,350,417
1992 $3,255,972
1991 $3,159,167
1990 $2,977,361
1989 $2,845,139
1988 $2,724,722
1987 $2,609,028
1986 $2,580,694
1985 $2,486,250
1984 $2,391,806
1983 $2,304,444
1982 $2,219,444
1981 $2,037,639
1980 $1,810,972
1979 $1,598,472
1978 $1,466,250
1977 $1,374,167
1976 $1,310,417
1975 $1,225,417
1974 $1,090,833
1973 $1,003,472
1972 $970,417
1971 $939,722
1970 $890,139
1969 $838,194
Year Equivalent
1968 $800,417
1967 $776,806
1966 $750,833
1965 $736,667
1964 $729,583
1963 $717,778
1962 $708,333
1961 $703,611
1960 $694,167
1959 $682,361
1958 $670,556
1957 $651,667
1956 $632,778
1955 $630,417
1954 $635,139
1953 $630,417
1952 $625,694
1951 $590,278
1950 $557,222
1949 $569,028
1948 $552,500
1947 $507,639
1946 $429,722
1945 $420,278
1944 $410,833
1943 $399,028
1942 $365,972
1941 $332,917
Year Equivalent
1940 $330,556
1939 $330,556
1938 $340,000
1937 $330,556
1936 $325,833
1935 $316,389
1934 $311,667
1933 $309,306
1932 $344,722
1931 $380,139
1930 $406,111
1929 $403,750
1928 $408,472
1927 $417,917
1926 $422,639
1925 $408,472
1924 $408,472
1923 $399,028
1922 $408,472
1921 $458,056
1920 $446,250
1919 $389,583
1918 $323,472
1917 $273,889
1916 $243,194
1915 $238,472
1914 $236,111