Calculate the Value of $40,000 in 1931

What is $40k in 1931 money adjusted for inflation? Convert $40,000 from 1931 dollars to 2024 dollars.
Amount
$
From
To
$762,102
Adjusted for inflation, $40,000 in 1931 is equal to $762,102 in 2024.
Annual inflation over this period was 3.22%.
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 1931 dollars worth?
Year Equivalent
2024 $762,102
2023 $737,384
2022 $692,676
2021 $647,140
2020 $638,445
2019 $624,181
2018 $612,482
2017 $599,831
2016 $587,640
2015 $583,384
2014 $579,004
2013 $570,437
2012 $560,676
2011 $544,544
2010 $536,519
2009 $522,306
2008 $521,829
2007 $501,366
2006 $488,944
2005 $472,795
2004 $457,888
2003 $449,441
2002 $439,006
2001 $432,298
2000 $418,137
1999 $407,205
1998 $400,745
1997 $394,037
Year Equivalent
1996 $381,366
1995 $371,925
1994 $362,236
1993 $352,547
1992 $342,609
1991 $332,422
1990 $313,292
1989 $299,379
1988 $286,708
1987 $274,534
1986 $271,553
1985 $261,615
1984 $251,677
1983 $242,484
1982 $233,540
1981 $214,410
1980 $190,559
1979 $168,199
1978 $154,286
1977 $144,596
1976 $137,888
1975 $128,944
1974 $114,783
1973 $105,590
1972 $102,112
1971 $98,882
1970 $93,665
1969 $88,199
Year Equivalent
1968 $84,224
1967 $81,739
1966 $79,006
1965 $77,516
1964 $76,770
1963 $75,528
1962 $74,534
1961 $74,037
1960 $73,043
1959 $71,801
1958 $70,559
1957 $68,571
1956 $66,584
1955 $66,335
1954 $66,832
1953 $66,335
1952 $65,839
1951 $62,112
1950 $58,634
1949 $59,876
1948 $58,137
1947 $53,416
1946 $45,217
1945 $44,224
1944 $43,230
1943 $41,988
1942 $38,509
1941 $35,031
Year Equivalent
1940 $34,783
1939 $34,783
1938 $35,776
1937 $34,783
1936 $34,286
1935 $33,292
1934 $32,795
1933 $32,547
1932 $36,273
1931 $40,000
1930 $42,733
1929 $42,484
1928 $42,981
1927 $43,975
1926 $44,472
1925 $42,981
1924 $42,981
1923 $41,988
1922 $42,981
1921 $48,199
1920 $46,957
1919 $40,994
1918 $34,037
1917 $28,820
1916 $25,590
1915 $25,093
1914 $24,845