Calculate the Value of $120,000 in 2023

What is $120k in 2023 money adjusted for inflation? Convert $120,000 from 2023 dollars to 2024 dollars.
Amount
$
From
To
$124,023
Adjusted for inflation, $120,000 in 2023 is equal to $124,023 in 2024.
Annual inflation over this period was 3.35%.
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 2023 dollars worth?
Year Equivalent
2024 $124,023
2023 $120,000
2022 $112,724
2021 $105,314
2020 $103,899
2019 $101,578
2018 $99,674
2017 $97,615
2016 $95,631
2015 $94,938
2014 $94,226
2013 $92,832
2012 $91,243
2011 $88,618
2010 $87,312
2009 $84,999
2008 $84,921
2007 $81,591
2006 $79,570
2005 $76,941
2004 $74,516
2003 $73,141
2002 $71,443
2001 $70,351
2000 $68,047
1999 $66,268
1998 $65,216
1997 $64,125
Year Equivalent
1996 $62,063
1995 $60,526
1994 $58,949
1993 $57,373
1992 $55,755
1991 $54,098
1990 $50,984
1989 $48,720
1988 $46,658
1987 $44,677
1986 $44,192
1985 $42,575
1984 $40,957
1983 $39,461
1982 $38,006
1981 $34,893
1980 $31,011
1979 $27,372
1978 $25,108
1977 $23,531
1976 $22,440
1975 $20,984
1974 $18,679
1973 $17,183
1972 $16,617
1971 $16,092
1970 $15,243
1969 $14,353
Year Equivalent
1968 $13,706
1967 $13,302
1966 $12,857
1965 $12,615
1964 $12,493
1963 $12,291
1962 $12,130
1961 $12,049
1960 $11,887
1959 $11,685
1958 $11,483
1957 $11,159
1956 $10,836
1955 $10,795
1954 $10,876
1953 $10,795
1952 $10,714
1951 $10,108
1950 $9,542
1949 $9,744
1948 $9,461
1947 $8,693
1946 $7,359
1945 $7,197
1944 $7,035
1943 $6,833
1942 $6,267
1941 $5,701
Year Equivalent
1940 $5,660
1939 $5,660
1938 $5,822
1937 $5,660
1936 $5,580
1935 $5,418
1934 $5,337
1933 $5,297
1932 $5,903
1931 $6,509
1930 $6,954
1929 $6,914
1928 $6,995
1927 $7,156
1926 $7,237
1925 $6,995
1924 $6,995
1923 $6,833
1922 $6,995
1921 $7,844
1920 $7,642
1919 $6,671
1918 $5,539
1917 $4,690
1916 $4,164
1915 $4,084
1914 $4,043