Calculate the Value of $40,000 in 2008

What is $40k in 2008 money adjusted for inflation? Convert $40,000 from 2008 dollars to 2024 dollars.
Amount
$
From
To
$58,418
Adjusted for inflation, $40,000 in 2008 is equal to $58,418 in 2024.
Annual inflation over this period was 2.40%.
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 2008 dollars worth?
Year Equivalent
2024 $58,418
2023 $56,523
2022 $53,096
2021 $49,606
2020 $48,939
2019 $47,846
2018 $46,949
2017 $45,979
2016 $45,045
2015 $44,718
2014 $44,383
2013 $43,726
2012 $42,978
2011 $41,741
2010 $41,126
2009 $40,037
2008 $40,000
2007 $38,432
2006 $37,479
2005 $36,241
2004 $35,099
2003 $34,451
2002 $33,651
2001 $33,137
2000 $32,052
1999 $31,214
1998 $30,719
1997 $30,204
Year Equivalent
1996 $29,233
1995 $28,509
1994 $27,767
1993 $27,024
1992 $26,262
1991 $25,481
1990 $24,015
1989 $22,948
1988 $21,977
1987 $21,044
1986 $20,815
1985 $20,054
1984 $19,292
1983 $18,587
1982 $17,902
1981 $16,435
1980 $14,607
1979 $12,893
1978 $11,827
1977 $11,084
1976 $10,570
1975 $9,884
1974 $8,798
1973 $8,094
1972 $7,827
1971 $7,580
1970 $7,180
1969 $6,761
Year Equivalent
1968 $6,456
1967 $6,266
1966 $6,056
1965 $5,942
1964 $5,885
1963 $5,789
1962 $5,713
1961 $5,675
1960 $5,599
1959 $5,504
1958 $5,409
1957 $5,256
1956 $5,104
1955 $5,085
1954 $5,123
1953 $5,085
1952 $5,047
1951 $4,761
1950 $4,494
1949 $4,590
1948 $4,456
1947 $4,095
1946 $3,466
1945 $3,390
1944 $3,314
1943 $3,218
1942 $2,952
1941 $2,685
Year Equivalent
1940 $2,666
1939 $2,666
1938 $2,742
1937 $2,666
1936 $2,628
1935 $2,552
1934 $2,514
1933 $2,495
1932 $2,780
1931 $3,066
1930 $3,276
1929 $3,257
1928 $3,295
1927 $3,371
1926 $3,409
1925 $3,295
1924 $3,295
1923 $3,218
1922 $3,295
1921 $3,695
1920 $3,599
1919 $3,142
1918 $2,609
1917 $2,209
1916 $1,962
1915 $1,923
1914 $1,904