Calculate the Value of $940,000 in 1948

What is $940k in 1948 money adjusted for inflation? Convert $940,000 from 1948 dollars to 2024 dollars.
Amount
$
From
To
$12,322,275
Adjusted for inflation, $940,000 in 1948 is equal to $12,322,275 in 2024.
Annual inflation over this period was 3.44%.
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 $940,000 in 1948 dollars worth?
Year Equivalent
2024 $12,322,275
2023 $11,922,615
2022 $11,199,738
2021 $10,463,485
2020 $10,322,887
2019 $10,092,266
2018 $9,903,101
2017 $9,698,550
2016 $9,501,432
2015 $9,432,619
2014 $9,361,797
2013 $9,223,288
2012 $9,065,456
2011 $8,804,626
2010 $8,674,874
2009 $8,445,056
2008 $8,437,344
2007 $8,106,496
2006 $7,905,641
2005 $7,644,530
2004 $7,403,504
2003 $7,266,923
2002 $7,098,205
2001 $6,989,744
2000 $6,760,769
1999 $6,584,017
1998 $6,479,573
1997 $6,371,111
Year Equivalent
1996 $6,166,239
1995 $6,013,590
1994 $5,856,923
1993 $5,700,256
1992 $5,539,573
1991 $5,374,872
1990 $5,065,556
1989 $4,840,598
1988 $4,635,726
1987 $4,438,889
1986 $4,390,684
1985 $4,230,000
1984 $4,069,316
1983 $3,920,684
1982 $3,776,068
1981 $3,466,752
1980 $3,081,111
1979 $2,719,573
1978 $2,494,615
1977 $2,337,949
1976 $2,229,487
1975 $2,084,872
1974 $1,855,897
1973 $1,707,265
1972 $1,651,026
1971 $1,598,803
1970 $1,514,444
1969 $1,426,068
Year Equivalent
1968 $1,361,795
1967 $1,321,624
1966 $1,277,436
1965 $1,253,333
1964 $1,241,282
1963 $1,221,197
1962 $1,205,128
1961 $1,197,094
1960 $1,181,026
1959 $1,160,940
1958 $1,140,855
1957 $1,108,718
1956 $1,076,581
1955 $1,072,564
1954 $1,080,598
1953 $1,072,564
1952 $1,064,530
1951 $1,004,274
1950 $948,034
1949 $968,120
1948 $940,000
1947 $863,675
1946 $731,111
1945 $715,043
1944 $698,974
1943 $678,889
1942 $622,650
1941 $566,410
Year Equivalent
1940 $562,393
1939 $562,393
1938 $578,462
1937 $562,393
1936 $554,359
1935 $538,291
1934 $530,256
1933 $526,239
1932 $586,496
1931 $646,752
1930 $690,940
1929 $686,923
1928 $694,957
1927 $711,026
1926 $719,060
1925 $694,957
1924 $694,957
1923 $678,889
1922 $694,957
1921 $779,316
1920 $759,231
1919 $662,821
1918 $550,342
1917 $465,983
1916 $413,761
1915 $405,726
1914 $401,709