Calculate the Value of $23,000 in 1938

What is $23k in 1938 worth in today's money?
Amount
$
From
To
$416,035
Adjusted for inflation, $23,000 in 1938 is equal to $416,035 in 2021.
Annual inflation over this period was 3.55%.
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 1938 dollars worth?
Year Equivalent
2021 $416,035
2020 $410,445
2019 $401,275
2018 $393,754
2017 $385,621
2016 $377,783
2015 $375,047
2014 $372,231
2013 $366,724
2012 $360,448
2011 $350,078
2010 $344,919
2009 $335,781
2008 $335,474
2007 $322,319
2006 $314,333
2005 $303,951
2004 $294,368
2003 $288,938
2002 $282,229
2001 $277,917
2000 $268,813
1999 $261,785
1998 $257,632
1997 $253,319
1996 $245,174
1995 $239,104
Year Equivalent
1994 $232,875
1993 $226,646
1992 $220,257
1991 $213,708
1990 $201,410
1989 $192,465
1988 $184,319
1987 $176,493
1986 $174,576
1985 $168,188
1984 $161,799
1983 $155,889
1982 $150,139
1981 $137,840
1980 $122,507
1979 $108,132
1978 $99,188
1977 $92,958
1976 $88,646
1975 $82,896
1974 $73,792
1973 $67,882
1972 $65,646
1971 $63,569
1970 $60,215
1969 $56,701
1968 $54,146
Year Equivalent
1967 $52,549
1966 $50,792
1965 $49,833
1964 $49,354
1963 $48,556
1962 $47,917
1961 $47,597
1960 $46,958
1959 $46,160
1958 $45,361
1957 $44,083
1956 $42,806
1955 $42,646
1954 $42,965
1953 $42,646
1952 $42,326
1951 $39,931
1950 $37,694
1949 $38,493
1948 $37,375
1947 $34,340
1946 $29,069
1945 $28,431
1944 $27,792
1943 $26,993
1942 $24,757
1941 $22,521
Year Equivalent
1940 $22,361
1939 $22,361
1938 $23,000
1937 $22,361
1936 $22,042
1935 $21,403
1934 $21,083
1933 $20,924
1932 $23,319
1931 $25,715
1930 $27,472
1929 $27,313
1928 $27,632
1927 $28,271
1926 $28,590
1925 $27,632
1924 $27,632
1923 $26,993
1922 $27,632
1921 $30,986
1920 $30,188
1919 $26,354
1918 $21,882
1917 $18,528
1916 $16,451
1915 $16,132
1914 $15,972