Calculate the Value of $40,000 in 1971

What is $40k in 1971 money adjusted for inflation? Convert $40,000 from 1971 dollars to 2024 dollars.
Amount
$
From
To
$308,287
Adjusted for inflation, $40,000 in 1971 is equal to $308,287 in 2024.
Annual inflation over this period was 3.93%.
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 1971 dollars worth?
Year Equivalent
2024 $308,287
2023 $298,288
2022 $280,203
2021 $261,783
2020 $258,265
2019 $252,495
2018 $247,763
2017 $242,645
2016 $237,714
2015 $235,992
2014 $234,220
2013 $230,755
2012 $226,806
2011 $220,280
2010 $217,034
2009 $211,284
2008 $211,091
2007 $202,814
2006 $197,789
2005 $191,256
2004 $185,226
2003 $181,809
2002 $177,588
2001 $174,874
2000 $169,146
1999 $164,724
1998 $162,111
1997 $159,397
Year Equivalent
1996 $154,271
1995 $150,452
1994 $146,533
1993 $142,613
1992 $138,593
1991 $134,472
1990 $126,734
1989 $121,106
1988 $115,980
1987 $111,055
1986 $109,849
1985 $105,829
1984 $101,809
1983 $98,090
1982 $94,472
1981 $86,734
1980 $77,085
1979 $68,040
1978 $62,412
1977 $58,492
1976 $55,779
1975 $52,161
1974 $46,432
1973 $42,714
1972 $41,307
1971 $40,000
1970 $37,889
1969 $35,678
Year Equivalent
1968 $34,070
1967 $33,065
1966 $31,960
1965 $31,357
1964 $31,055
1963 $30,553
1962 $30,151
1961 $29,950
1960 $29,548
1959 $29,045
1958 $28,543
1957 $27,739
1956 $26,935
1955 $26,834
1954 $27,035
1953 $26,834
1952 $26,633
1951 $25,126
1950 $23,719
1949 $24,221
1948 $23,518
1947 $21,608
1946 $18,291
1945 $17,889
1944 $17,487
1943 $16,985
1942 $15,578
1941 $14,171
Year Equivalent
1940 $14,070
1939 $14,070
1938 $14,472
1937 $14,070
1936 $13,869
1935 $13,467
1934 $13,266
1933 $13,166
1932 $14,673
1931 $16,181
1930 $17,286
1929 $17,186
1928 $17,387
1927 $17,789
1926 $17,990
1925 $17,387
1924 $17,387
1923 $16,985
1922 $17,387
1921 $19,497
1920 $18,995
1919 $16,583
1918 $13,769
1917 $11,658
1916 $10,352
1915 $10,151
1914 $10,050