Calculate the Value of $16,000 in 1924

What is $16k in 1924 worth in today's money?
Amount
$
From
To
$257,852
Adjusted for inflation, $16,000 in 1924 is equal to $257,852 in 2022.
Annual inflation over this period was 2.88%.
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 $16,000 in 1924 dollars worth?
Year Equivalent
2022 $257,852
2021 $240,901
2020 $237,664
2019 $232,354
2018 $227,999
2017 $223,290
2016 $218,751
2015 $217,167
2014 $215,537
2013 $212,348
2012 $208,714
2011 $202,709
2010 $199,722
2009 $194,431
2008 $194,253
2007 $186,636
2006 $182,012
2005 $176,000
2004 $170,451
2003 $167,306
2002 $163,422
2001 $160,925
2000 $155,653
1999 $151,584
1998 $149,179
1997 $146,682
1996 $141,965
1995 $138,451
Year Equivalent
1994 $134,844
1993 $131,237
1992 $127,538
1991 $123,746
1990 $116,624
1989 $111,445
1988 $106,728
1987 $102,197
1986 $101,087
1985 $97,387
1984 $93,688
1983 $90,266
1982 $86,936
1981 $79,815
1980 $70,936
1979 $62,613
1978 $57,434
1977 $53,827
1976 $51,329
1975 $48,000
1974 $42,728
1973 $39,306
1972 $38,012
1971 $36,809
1970 $34,867
1969 $32,832
1968 $31,353
1967 $30,428
Year Equivalent
1966 $29,410
1965 $28,855
1964 $28,578
1963 $28,116
1962 $27,746
1961 $27,561
1960 $27,191
1959 $26,728
1958 $26,266
1957 $25,526
1956 $24,786
1955 $24,694
1954 $24,879
1953 $24,694
1952 $24,509
1951 $23,121
1950 $21,827
1949 $22,289
1948 $21,642
1947 $19,884
1946 $16,832
1945 $16,462
1944 $16,092
1943 $15,630
1942 $14,335
1941 $13,040
1940 $12,948
1939 $12,948
Year Equivalent
1938 $13,318
1937 $12,948
1936 $12,763
1935 $12,393
1934 $12,208
1933 $12,116
1932 $13,503
1931 $14,890
1930 $15,908
1929 $15,815
1928 $16,000
1927 $16,370
1926 $16,555
1925 $16,000
1924 $16,000
1923 $15,630
1922 $16,000
1921 $17,942
1920 $17,480
1919 $15,260
1918 $12,671
1917 $10,728
1916 $9,526
1915 $9,341
1914 $9,249