Calculate the Value of $20,000 in 1923

What is $20k in 1923 worth in today's money?
Amount
$
From
To
$308,253
Adjusted for inflation, $20,000 in 1923 is equal to $308,253 in 2021.
Annual inflation over this period was 2.83%.
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 $20,000 in 1923 dollars worth?
Year Equivalent
2021 $308,253
2020 $304,111
2019 $297,317
2018 $291,744
2017 $285,718
2016 $279,911
2015 $277,884
2014 $275,798
2013 $271,717
2012 $267,067
2011 $259,383
2010 $255,561
2009 $248,791
2008 $248,563
2007 $238,817
2006 $232,899
2005 $225,207
2004 $218,107
2003 $214,083
2002 $209,112
2001 $205,917
2000 $199,172
1999 $193,964
1998 $190,888
1997 $187,692
1996 $181,657
1995 $177,160
Year Equivalent
1994 $172,544
1993 $167,929
1992 $163,195
1991 $158,343
1990 $149,231
1989 $142,604
1988 $136,568
1987 $130,769
1986 $129,349
1985 $124,615
1984 $119,882
1983 $115,503
1982 $111,243
1981 $102,130
1980 $90,769
1979 $80,118
1978 $73,491
1977 $68,876
1976 $65,680
1975 $61,420
1974 $54,675
1973 $50,296
1972 $48,639
1971 $47,101
1970 $44,615
1969 $42,012
1968 $40,118
Year Equivalent
1967 $38,935
1966 $37,633
1965 $36,923
1964 $36,568
1963 $35,976
1962 $35,503
1961 $35,266
1960 $34,793
1959 $34,201
1958 $33,609
1957 $32,663
1956 $31,716
1955 $31,598
1954 $31,834
1953 $31,598
1952 $31,361
1951 $29,586
1950 $27,929
1949 $28,521
1948 $27,692
1947 $25,444
1946 $21,538
1945 $21,065
1944 $20,592
1943 $20,000
1942 $18,343
1941 $16,686
Year Equivalent
1940 $16,568
1939 $16,568
1938 $17,041
1937 $16,568
1936 $16,331
1935 $15,858
1934 $15,621
1933 $15,503
1932 $17,278
1931 $19,053
1930 $20,355
1929 $20,237
1928 $20,473
1927 $20,947
1926 $21,183
1925 $20,473
1924 $20,473
1923 $20,000
1922 $20,473
1921 $22,959
1920 $22,367
1919 $19,527
1918 $16,213
1917 $13,728
1916 $12,189
1915 $11,953
1914 $11,834