Calculate the Value of $120,000 in 1931

What is $120k in 1931 money adjusted for inflation? Convert $120,000 from 1931 dollars to 2024 dollars.
Amount
$
From
To
$2,286,306
Adjusted for inflation, $120,000 in 1931 is equal to $2,286,306 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 $120,000 in 1931 dollars worth?
Year Equivalent
2024 $2,286,306
2023 $2,212,152
2022 $2,078,027
2021 $1,941,421
2020 $1,915,334
2019 $1,872,544
2018 $1,837,446
2017 $1,799,493
2016 $1,762,919
2015 $1,750,152
2014 $1,737,011
2013 $1,711,312
2012 $1,682,027
2011 $1,633,632
2010 $1,609,558
2009 $1,566,917
2008 $1,565,486
2007 $1,504,099
2006 $1,466,832
2005 $1,418,385
2004 $1,373,665
2003 $1,348,323
2002 $1,317,019
2001 $1,296,894
2000 $1,254,410
1999 $1,221,615
1998 $1,202,236
1997 $1,182,112
Year Equivalent
1996 $1,144,099
1995 $1,115,776
1994 $1,086,708
1993 $1,057,640
1992 $1,027,826
1991 $997,267
1990 $939,876
1989 $898,137
1988 $860,124
1987 $823,602
1986 $814,658
1985 $784,845
1984 $755,031
1983 $727,453
1982 $700,621
1981 $643,230
1980 $571,677
1979 $504,596
1978 $462,857
1977 $433,789
1976 $413,665
1975 $386,832
1974 $344,348
1973 $316,770
1972 $306,335
1971 $296,646
1970 $280,994
1969 $264,596
Year Equivalent
1968 $252,671
1967 $245,217
1966 $237,019
1965 $232,547
1964 $230,311
1963 $226,584
1962 $223,602
1961 $222,112
1960 $219,130
1959 $215,404
1958 $211,677
1957 $205,714
1956 $199,752
1955 $199,006
1954 $200,497
1953 $199,006
1952 $197,516
1951 $186,335
1950 $175,901
1949 $179,627
1948 $174,410
1947 $160,248
1946 $135,652
1945 $132,671
1944 $129,689
1943 $125,963
1942 $115,528
1941 $105,093
Year Equivalent
1940 $104,348
1939 $104,348
1938 $107,329
1937 $104,348
1936 $102,857
1935 $99,876
1934 $98,385
1933 $97,640
1932 $108,820
1931 $120,000
1930 $128,199
1929 $127,453
1928 $128,944
1927 $131,925
1926 $133,416
1925 $128,944
1924 $128,944
1923 $125,963
1922 $128,944
1921 $144,596
1920 $140,870
1919 $122,981
1918 $102,112
1917 $86,460
1916 $76,770
1915 $75,280
1914 $74,534