Calculate the Value of $40,000 in 1920

What is $40k in 1920 money adjusted for inflation? Convert $40,000 from 1920 dollars to 2024 dollars.
Amount
$
From
To
$649,198
Adjusted for inflation, $40,000 in 1920 is equal to $649,198 in 2024.
Annual inflation over this period was 2.72%.
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 $40,000 in 1920 dollars worth?
Year Equivalent
2024 $649,198
2023 $628,142
2022 $590,057
2021 $551,268
2020 $543,860
2019 $531,710
2018 $521,744
2017 $510,967
2016 $500,582
2015 $496,957
2014 $493,225
2013 $485,928
2012 $477,613
2011 $463,871
2010 $457,035
2009 $444,927
2008 $444,521
2007 $427,090
2006 $416,508
2005 $402,751
2004 $390,053
2003 $382,857
2002 $373,968
2001 $368,254
2000 $356,190
1999 $346,878
1998 $341,376
1997 $335,661
Year Equivalent
1996 $324,868
1995 $316,825
1994 $308,571
1993 $300,317
1992 $291,852
1991 $283,175
1990 $266,878
1989 $255,026
1988 $244,233
1987 $233,862
1986 $231,323
1985 $222,857
1984 $214,392
1983 $206,561
1982 $198,942
1981 $182,646
1980 $162,328
1979 $143,280
1978 $131,429
1977 $123,175
1976 $117,460
1975 $109,841
1974 $97,778
1973 $89,947
1972 $86,984
1971 $84,233
1970 $79,788
1969 $75,132
Year Equivalent
1968 $71,746
1967 $69,630
1966 $67,302
1965 $66,032
1964 $65,397
1963 $64,339
1962 $63,492
1961 $63,069
1960 $62,222
1959 $61,164
1958 $60,106
1957 $58,413
1956 $56,720
1955 $56,508
1954 $56,931
1953 $56,508
1952 $56,085
1951 $52,910
1950 $49,947
1949 $51,005
1948 $49,524
1947 $45,503
1946 $38,519
1945 $37,672
1944 $36,825
1943 $35,767
1942 $32,804
1941 $29,841
Year Equivalent
1940 $29,630
1939 $29,630
1938 $30,476
1937 $29,630
1936 $29,206
1935 $28,360
1934 $27,937
1933 $27,725
1932 $30,899
1931 $34,074
1930 $36,402
1929 $36,190
1928 $36,614
1927 $37,460
1926 $37,884
1925 $36,614
1924 $36,614
1923 $35,767
1922 $36,614
1921 $41,058
1920 $40,000
1919 $34,921
1918 $28,995
1917 $24,550
1916 $21,799
1915 $21,376
1914 $21,164