Calculate the Value of $1,200 in 1940

What is $1.2k in 1940 worth in today's money?
Amount
$
From
To
$23,897
Adjusted for inflation, $1,200 in 1940 is equal to $23,897 in 2022.
Annual inflation over this period was 3.72%.
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 $1,200 in 1940 dollars worth?
Year Equivalent
2022 $23,897
2021 $22,326
2020 $22,026
2019 $21,534
2018 $21,131
2017 $20,694
2016 $20,274
2015 $20,127
2014 $19,976
2013 $19,680
2012 $19,343
2011 $18,787
2010 $18,510
2009 $18,020
2008 $18,003
2007 $17,297
2006 $16,869
2005 $16,311
2004 $15,797
2003 $15,506
2002 $15,146
2001 $14,914
2000 $14,426
1999 $14,049
1998 $13,826
1997 $13,594
1996 $13,157
1995 $12,831
Year Equivalent
1994 $12,497
1993 $12,163
1992 $11,820
1991 $11,469
1990 $10,809
1989 $10,329
1988 $9,891
1987 $9,471
1986 $9,369
1985 $9,026
1984 $8,683
1983 $8,366
1982 $8,057
1981 $7,397
1980 $6,574
1979 $5,803
1978 $5,323
1977 $4,989
1976 $4,757
1975 $4,449
1974 $3,960
1973 $3,643
1972 $3,523
1971 $3,411
1970 $3,231
1969 $3,043
1968 $2,906
1967 $2,820
Year Equivalent
1966 $2,726
1965 $2,674
1964 $2,649
1963 $2,606
1962 $2,571
1961 $2,554
1960 $2,520
1959 $2,477
1958 $2,434
1957 $2,366
1956 $2,297
1955 $2,289
1954 $2,306
1953 $2,289
1952 $2,271
1951 $2,143
1950 $2,023
1949 $2,066
1948 $2,006
1947 $1,843
1946 $1,560
1945 $1,526
1944 $1,491
1943 $1,449
1942 $1,329
1941 $1,209
1940 $1,200
1939 $1,200
Year Equivalent
1938 $1,234
1937 $1,200
1936 $1,183
1935 $1,149
1934 $1,131
1933 $1,123
1932 $1,251
1931 $1,380
1930 $1,474
1929 $1,466
1928 $1,483
1927 $1,517
1926 $1,534
1925 $1,483
1924 $1,483
1923 $1,449
1922 $1,483
1921 $1,663
1920 $1,620
1919 $1,414
1918 $1,174
1917 $994
1916 $883
1915 $866
1914 $857