Calculate the Value of $240,000 in 1920

What is $240k in 1920 worth in today's money?
Amount
$
From
To
$3,307,606
Adjusted for inflation, $240,000 in 1920 is equal to $3,307,606 in 2021.
Annual inflation over this period was 2.63%.
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 $240,000 in 1920 dollars worth?
Year Equivalent
2021 $3,307,606
2020 $3,263,162
2019 $3,190,260
2018 $3,130,463
2017 $3,065,803
2016 $3,003,492
2015 $2,981,740
2014 $2,959,352
2013 $2,915,568
2012 $2,865,676
2011 $2,783,225
2010 $2,742,210
2009 $2,669,562
2008 $2,667,124
2007 $2,562,540
2006 $2,499,048
2005 $2,416,508
2004 $2,340,317
2003 $2,297,143
2002 $2,243,810
2001 $2,209,524
2000 $2,137,143
1999 $2,081,270
1998 $2,048,254
1997 $2,013,968
1996 $1,949,206
1995 $1,900,952
Year Equivalent
1994 $1,851,429
1993 $1,801,905
1992 $1,751,111
1991 $1,699,048
1990 $1,601,270
1989 $1,530,159
1988 $1,465,397
1987 $1,403,175
1986 $1,387,937
1985 $1,337,143
1984 $1,286,349
1983 $1,239,365
1982 $1,193,651
1981 $1,095,873
1980 $973,968
1979 $859,683
1978 $788,571
1977 $739,048
1976 $704,762
1975 $659,048
1974 $586,667
1973 $539,683
1972 $521,905
1971 $505,397
1970 $478,730
1969 $450,794
1968 $430,476
Year Equivalent
1967 $417,778
1966 $403,810
1965 $396,190
1964 $392,381
1963 $386,032
1962 $380,952
1961 $378,413
1960 $373,333
1959 $366,984
1958 $360,635
1957 $350,476
1956 $340,317
1955 $339,048
1954 $341,587
1953 $339,048
1952 $336,508
1951 $317,460
1950 $299,683
1949 $306,032
1948 $297,143
1947 $273,016
1946 $231,111
1945 $226,032
1944 $220,952
1943 $214,603
1942 $196,825
1941 $179,048
Year Equivalent
1940 $177,778
1939 $177,778
1938 $182,857
1937 $177,778
1936 $175,238
1935 $170,159
1934 $167,619
1933 $166,349
1932 $185,397
1931 $204,444
1930 $218,413
1929 $217,143
1928 $219,683
1927 $224,762
1926 $227,302
1925 $219,683
1924 $219,683
1923 $214,603
1922 $219,683
1921 $246,349
1920 $240,000
1919 $209,524
1918 $173,968
1917 $147,302
1916 $130,794
1915 $128,254
1914 $126,984