Calculate the Value of $123 in 1916

What is $123 in 1916 worth in today's money?
Amount
$
From
To
$3,111
Adjusted for inflation, $123 in 1916 is equal to $3,111 in 2021.
Annual inflation over this period was 3.12%.
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 $123 in 1916 dollars worth?
Year Equivalent
2021 $3,111
2020 $3,069
2019 $3,000
2018 $2,944
2017 $2,883
2016 $2,825
2015 $2,804
2014 $2,783
2013 $2,742
2012 $2,695
2011 $2,617
2010 $2,579
2009 $2,510
2008 $2,508
2007 $2,410
2006 $2,350
2005 $2,273
2004 $2,201
2003 $2,160
2002 $2,110
2001 $2,078
2000 $2,010
1999 $1,957
1998 $1,926
1997 $1,894
1996 $1,833
1995 $1,788
Year Equivalent
1994 $1,741
1993 $1,695
1992 $1,647
1991 $1,598
1990 $1,506
1989 $1,439
1988 $1,378
1987 $1,320
1986 $1,305
1985 $1,257
1984 $1,210
1983 $1,166
1982 $1,123
1981 $1,031
1980 $916
1979 $808
1978 $742
1977 $695
1976 $663
1975 $620
1974 $552
1973 $508
1972 $491
1971 $475
1970 $450
1969 $424
1968 $405
Year Equivalent
1967 $393
1966 $380
1965 $373
1964 $369
1963 $363
1962 $358
1961 $356
1960 $351
1959 $345
1958 $339
1957 $330
1956 $320
1955 $319
1954 $321
1953 $319
1952 $316
1951 $299
1950 $282
1949 $288
1948 $279
1947 $257
1946 $217
1945 $213
1944 $208
1943 $202
1942 $185
1941 $168
Year Equivalent
1940 $167
1939 $167
1938 $172
1937 $167
1936 $165
1935 $160
1934 $158
1933 $156
1932 $174
1931 $192
1930 $205
1929 $204
1928 $207
1927 $211
1926 $214
1925 $207
1924 $207
1923 $202
1922 $207
1921 $232
1920 $226
1919 $197
1918 $164
1917 $139
1916 $123
1915 $121
1914 $119