Calculate the Value of $23,000 in 1916

What is $23k in 1916 worth in today's money?
Amount
$
From
To
$581,641
Adjusted for inflation, $23,000 in 1916 is equal to $581,641 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 $23,000 in 1916 dollars worth?
Year Equivalent
2021 $581,641
2020 $573,825
2019 $561,006
2018 $550,490
2017 $539,120
2016 $528,163
2015 $524,337
2014 $520,401
2013 $512,701
2012 $503,928
2011 $489,429
2010 $482,216
2009 $469,441
2008 $469,012
2007 $450,621
2006 $439,456
2005 $424,942
2004 $411,544
2003 $403,951
2002 $394,573
2001 $388,544
2000 $375,816
1999 $365,990
1998 $360,184
1997 $354,155
1996 $342,767
1995 $334,282
Year Equivalent
1994 $325,573
1993 $316,864
1992 $307,932
1991 $298,777
1990 $281,583
1989 $269,078
1988 $257,689
1987 $246,748
1986 $244,068
1985 $235,136
1984 $226,204
1983 $217,942
1982 $209,903
1981 $192,709
1980 $171,272
1979 $151,175
1978 $138,670
1977 $129,961
1976 $123,932
1975 $115,893
1974 $103,165
1973 $94,903
1972 $91,777
1971 $88,874
1970 $84,184
1969 $79,272
1968 $75,699
Year Equivalent
1967 $73,466
1966 $71,010
1965 $69,670
1964 $69,000
1963 $67,883
1962 $66,990
1961 $66,544
1960 $65,650
1959 $64,534
1958 $63,417
1957 $61,631
1956 $59,845
1955 $59,621
1954 $60,068
1953 $59,621
1952 $59,175
1951 $55,825
1950 $52,699
1949 $53,816
1948 $52,252
1947 $48,010
1946 $40,641
1945 $39,748
1944 $38,854
1943 $37,738
1942 $34,612
1941 $31,485
Year Equivalent
1940 $31,262
1939 $31,262
1938 $32,155
1937 $31,262
1936 $30,816
1935 $29,922
1934 $29,476
1933 $29,252
1932 $32,602
1931 $35,951
1930 $38,408
1929 $38,184
1928 $38,631
1927 $39,524
1926 $39,971
1925 $38,631
1924 $38,631
1923 $37,738
1922 $38,631
1921 $43,320
1920 $42,204
1919 $36,845
1918 $30,592
1917 $25,903
1916 $23,000
1915 $22,553
1914 $22,330