Calculate the Value of $550 in 1940

What is 550 dollars in 1940 money adjusted for inflation? Convert $550 from 1940 dollars to 2024 dollars.
Amount
$
From
To
$12,051
Adjusted for inflation, $550 in 1940 is equal to $12,051 in 2024.
Annual inflation over this period was 3.74%.
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 $550 in 1940 dollars worth?
Year Equivalent
2024 $12,051
2023 $11,660
2022 $10,953
2021 $10,233
2020 $10,095
2019 $9,870
2018 $9,685
2017 $9,485
2016 $9,292
2015 $9,225
2014 $9,155
2013 $9,020
2012 $8,866
2011 $8,611
2010 $8,484
2009 $8,259
2008 $8,251
2007 $7,928
2006 $7,731
2005 $7,476
2004 $7,240
2003 $7,107
2002 $6,942
2001 $6,836
2000 $6,612
1999 $6,439
1998 $6,337
1997 $6,231
Year Equivalent
1996 $6,030
1995 $5,881
1994 $5,728
1993 $5,575
1992 $5,418
1991 $5,256
1990 $4,954
1989 $4,734
1988 $4,534
1987 $4,341
1986 $4,294
1985 $4,137
1984 $3,980
1983 $3,834
1982 $3,693
1981 $3,390
1980 $3,013
1979 $2,660
1978 $2,440
1977 $2,286
1976 $2,180
1975 $2,039
1974 $1,815
1973 $1,670
1972 $1,615
1971 $1,564
1970 $1,481
1969 $1,395
Year Equivalent
1968 $1,332
1967 $1,293
1966 $1,249
1965 $1,226
1964 $1,214
1963 $1,194
1962 $1,179
1961 $1,171
1960 $1,155
1959 $1,135
1958 $1,116
1957 $1,084
1956 $1,053
1955 $1,049
1954 $1,057
1953 $1,049
1952 $1,041
1951 $982
1950 $927
1949 $947
1948 $919
1947 $845
1946 $715
1945 $699
1944 $684
1943 $664
1942 $609
1941 $554
Year Equivalent
1940 $550
1939 $550
1938 $566
1937 $550
1936 $542
1935 $526
1934 $519
1933 $515
1932 $574
1931 $633
1930 $676
1929 $672
1928 $680
1927 $695
1926 $703
1925 $680
1924 $680
1923 $664
1922 $680
1921 $762
1920 $743
1919 $648
1918 $538
1917 $456
1916 $405
1915 $397
1914 $393