Calculate the Value of $240,000 in 1948

What is $240k in 1948 money adjusted for inflation? Convert $240,000 from 1948 dollars to 2024 dollars.
Amount
$
From
To
$3,146,113
Adjusted for inflation, $240,000 in 1948 is equal to $3,146,113 in 2024.
Annual inflation over this period was 3.44%.
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 1948 dollars worth?
Year Equivalent
2024 $3,146,113
2023 $3,044,072
2022 $2,859,508
2021 $2,671,528
2020 $2,635,631
2019 $2,576,749
2018 $2,528,451
2017 $2,476,226
2016 $2,425,897
2015 $2,408,328
2014 $2,390,246
2013 $2,354,882
2012 $2,314,585
2011 $2,247,990
2010 $2,214,862
2009 $2,156,185
2008 $2,154,215
2007 $2,069,744
2006 $2,018,462
2005 $1,951,795
2004 $1,890,256
2003 $1,855,385
2002 $1,812,308
2001 $1,784,615
2000 $1,726,154
1999 $1,681,026
1998 $1,654,359
1997 $1,626,667
Year Equivalent
1996 $1,574,359
1995 $1,535,385
1994 $1,495,385
1993 $1,455,385
1992 $1,414,359
1991 $1,372,308
1990 $1,293,333
1989 $1,235,897
1988 $1,183,590
1987 $1,133,333
1986 $1,121,026
1985 $1,080,000
1984 $1,038,974
1983 $1,001,026
1982 $964,103
1981 $885,128
1980 $786,667
1979 $694,359
1978 $636,923
1977 $596,923
1976 $569,231
1975 $532,308
1974 $473,846
1973 $435,897
1972 $421,538
1971 $408,205
1970 $386,667
1969 $364,103
Year Equivalent
1968 $347,692
1967 $337,436
1966 $326,154
1965 $320,000
1964 $316,923
1963 $311,795
1962 $307,692
1961 $305,641
1960 $301,538
1959 $296,410
1958 $291,282
1957 $283,077
1956 $274,872
1955 $273,846
1954 $275,897
1953 $273,846
1952 $271,795
1951 $256,410
1950 $242,051
1949 $247,179
1948 $240,000
1947 $220,513
1946 $186,667
1945 $182,564
1944 $178,462
1943 $173,333
1942 $158,974
1941 $144,615
Year Equivalent
1940 $143,590
1939 $143,590
1938 $147,692
1937 $143,590
1936 $141,538
1935 $137,436
1934 $135,385
1933 $134,359
1932 $149,744
1931 $165,128
1930 $176,410
1929 $175,385
1928 $177,436
1927 $181,538
1926 $183,590
1925 $177,436
1924 $177,436
1923 $173,333
1922 $177,436
1921 $198,974
1920 $193,846
1919 $169,231
1918 $140,513
1917 $118,974
1916 $105,641
1915 $103,590
1914 $102,564