Calculate the Value of $118 in 1971

What is 118 dollars in 1971 money adjusted for inflation? Convert $118 from 1971 dollars to 2024 dollars.
Amount
$
From
To
$909
Adjusted for inflation, $118 in 1971 is equal to $909 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 $118 in 1971 dollars worth?
Year Equivalent
2024 $909
2023 $880
2022 $827
2021 $772
2020 $762
2019 $745
2018 $731
2017 $716
2016 $701
2015 $696
2014 $691
2013 $681
2012 $669
2011 $650
2010 $640
2009 $623
2008 $623
2007 $598
2006 $583
2005 $564
2004 $546
2003 $536
2002 $524
2001 $516
2000 $499
1999 $486
1998 $478
1997 $470
Year Equivalent
1996 $455
1995 $444
1994 $432
1993 $421
1992 $409
1991 $397
1990 $374
1989 $357
1988 $342
1987 $328
1986 $324
1985 $312
1984 $300
1983 $289
1982 $279
1981 $256
1980 $227
1979 $201
1978 $184
1977 $173
1976 $165
1975 $154
1974 $137
1973 $126
1972 $122
1971 $118
1970 $112
1969 $105
Year Equivalent
1968 $101
1967 $98
1966 $94
1965 $93
1964 $92
1963 $90
1962 $89
1961 $88
1960 $87
1959 $86
1958 $84
1957 $82
1956 $79
1955 $79
1954 $80
1953 $79
1952 $79
1951 $74
1950 $70
1949 $71
1948 $69
1947 $64
1946 $54
1945 $53
1944 $52
1943 $50
1942 $46
1941 $42
Year Equivalent
1940 $42
1939 $42
1938 $43
1937 $42
1936 $41
1935 $40
1934 $39
1933 $39
1932 $43
1931 $48
1930 $51
1929 $51
1928 $51
1927 $52
1926 $53
1925 $51
1924 $51
1923 $50
1922 $51
1921 $58
1920 $56
1919 $49
1918 $41
1917 $34
1916 $31
1915 $30
1914 $30