Calculate the Value of $38,000 in 1923

What is $38k in 1923 money adjusted for inflation? Convert $38,000 from 1923 dollars to 2024 dollars.
Amount
$
From
To
$689,725
Adjusted for inflation, $38,000 in 1923 is equal to $689,725 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 $38,000 in 1923 dollars worth?
Year Equivalent
2024 $689,725
2023 $667,354
2022 $626,892
2021 $585,681
2020 $577,811
2019 $564,903
2018 $554,314
2017 $542,865
2016 $531,831
2015 $527,980
2014 $524,016
2013 $516,263
2012 $507,428
2011 $492,829
2010 $485,566
2009 $472,702
2008 $472,270
2007 $453,751
2006 $442,509
2005 $427,893
2004 $414,402
2003 $406,757
2002 $397,314
2001 $391,243
2000 $378,426
1999 $368,533
1998 $362,686
1997 $356,615
Year Equivalent
1996 $345,148
1995 $336,604
1994 $327,834
1993 $319,065
1992 $310,071
1991 $300,852
1990 $283,538
1989 $270,947
1988 $259,479
1987 $248,462
1986 $245,763
1985 $236,769
1984 $227,775
1983 $219,456
1982 $211,361
1981 $194,047
1980 $172,462
1979 $152,225
1978 $139,633
1977 $130,864
1976 $124,793
1975 $116,698
1974 $103,882
1973 $95,562
1972 $92,414
1971 $89,491
1970 $84,769
1969 $79,822
Year Equivalent
1968 $76,225
1967 $73,976
1966 $71,503
1965 $70,154
1964 $69,479
1963 $68,355
1962 $67,456
1961 $67,006
1960 $66,107
1959 $64,982
1958 $63,858
1957 $62,059
1956 $60,260
1955 $60,036
1954 $60,485
1953 $60,036
1952 $59,586
1951 $56,213
1950 $53,065
1949 $54,189
1948 $52,615
1947 $48,343
1946 $40,923
1945 $40,024
1944 $39,124
1943 $38,000
1942 $34,852
1941 $31,704
Year Equivalent
1940 $31,479
1939 $31,479
1938 $32,379
1937 $31,479
1936 $31,030
1935 $30,130
1934 $29,680
1933 $29,456
1932 $32,828
1931 $36,201
1930 $38,675
1929 $38,450
1928 $38,899
1927 $39,799
1926 $40,249
1925 $38,899
1924 $38,899
1923 $38,000
1922 $38,899
1921 $43,621
1920 $42,497
1919 $37,101
1918 $30,805
1917 $26,083
1916 $23,160
1915 $22,710
1914 $22,485