Calculate the Value of $970,000 in 1931

What is $970k in 1931 money adjusted for inflation? Convert $970,000 from 1931 dollars to 2024 dollars.
Amount
$
From
To
$18,480,970
Adjusted for inflation, $970,000 in 1931 is equal to $18,480,970 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 $970,000 in 1931 dollars worth?
Year Equivalent
2024 $18,480,970
2023 $17,881,558
2022 $16,797,388
2021 $15,693,154
2020 $15,482,284
2019 $15,136,398
2018 $14,852,688
2017 $14,545,903
2016 $14,250,264
2015 $14,147,058
2014 $14,040,840
2013 $13,833,104
2012 $13,596,388
2011 $13,205,194
2010 $13,010,592
2009 $12,665,911
2008 $12,654,343
2007 $12,158,137
2006 $11,856,894
2005 $11,465,280
2004 $11,103,789
2003 $10,898,944
2002 $10,645,901
2001 $10,483,230
2000 $10,139,814
1999 $9,874,720
1998 $9,718,075
1997 $9,555,404
Year Equivalent
1996 $9,248,137
1995 $9,019,193
1994 $8,784,224
1993 $8,549,255
1992 $8,308,261
1991 $8,061,242
1990 $7,597,329
1989 $7,259,938
1988 $6,952,671
1987 $6,657,453
1986 $6,585,155
1985 $6,344,161
1984 $6,103,168
1983 $5,880,248
1982 $5,663,354
1981 $5,199,441
1980 $4,621,056
1979 $4,078,820
1978 $3,741,429
1977 $3,506,460
1976 $3,343,789
1975 $3,126,894
1974 $2,783,478
1973 $2,560,559
1972 $2,476,211
1971 $2,397,888
1970 $2,271,366
1969 $2,138,820
Year Equivalent
1968 $2,042,422
1967 $1,982,174
1966 $1,915,901
1965 $1,879,752
1964 $1,861,677
1963 $1,831,553
1962 $1,807,453
1961 $1,795,404
1960 $1,771,304
1959 $1,741,180
1958 $1,711,056
1957 $1,662,857
1956 $1,614,658
1955 $1,608,634
1954 $1,620,683
1953 $1,608,634
1952 $1,596,584
1951 $1,506,211
1950 $1,421,863
1949 $1,451,988
1948 $1,409,814
1947 $1,295,342
1946 $1,096,522
1945 $1,072,422
1944 $1,048,323
1943 $1,018,199
1942 $933,851
1941 $849,503
Year Equivalent
1940 $843,478
1939 $843,478
1938 $867,578
1937 $843,478
1936 $831,429
1935 $807,329
1934 $795,280
1933 $789,255
1932 $879,627
1931 $970,000
1930 $1,036,273
1929 $1,030,248
1928 $1,042,298
1927 $1,066,398
1926 $1,078,447
1925 $1,042,298
1924 $1,042,298
1923 $1,018,199
1922 $1,042,298
1921 $1,168,820
1920 $1,138,696
1919 $994,099
1918 $825,404
1917 $698,882
1916 $620,559
1915 $608,509
1914 $602,484