Calculate the Value of $240,000 in 1955

What is $240k in 1955 worth in today's money?
Amount
$
From
To
$2,341,339
Adjusted for inflation, $240,000 in 1955 is equal to $2,341,339 in 2021.
Annual inflation over this period was 3.51%.
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 1955 dollars worth?
Year Equivalent
2021 $2,341,339
2020 $2,309,879
2019 $2,258,274
2018 $2,215,946
2017 $2,170,175
2016 $2,126,067
2015 $2,110,670
2014 $2,094,822
2013 $2,063,829
2012 $2,028,512
2011 $1,970,148
2010 $1,941,115
2009 $1,889,690
2008 $1,887,964
2007 $1,813,933
2006 $1,768,989
2005 $1,710,562
2004 $1,656,629
2003 $1,626,067
2002 $1,588,315
2001 $1,564,045
2000 $1,512,809
1999 $1,473,258
1998 $1,449,888
1997 $1,425,618
1996 $1,379,775
1995 $1,345,618
Year Equivalent
1994 $1,310,562
1993 $1,275,506
1992 $1,239,551
1991 $1,202,697
1990 $1,133,483
1989 $1,083,146
1988 $1,037,303
1987 $993,258
1986 $982,472
1985 $946,517
1984 $910,562
1983 $877,303
1982 $844,944
1981 $775,730
1980 $689,438
1979 $608,539
1978 $558,202
1977 $523,146
1976 $498,876
1975 $466,517
1974 $415,281
1973 $382,022
1972 $369,438
1971 $357,753
1970 $338,876
1969 $319,101
1968 $304,719
Year Equivalent
1967 $295,730
1966 $285,843
1965 $280,449
1964 $277,753
1963 $273,258
1962 $269,663
1961 $267,865
1960 $264,270
1959 $259,775
1958 $255,281
1957 $248,090
1956 $240,899
1955 $240,000
1954 $241,798
1953 $240,000
1952 $238,202
1951 $224,719
1950 $212,135
1949 $216,629
1948 $210,337
1947 $193,258
1946 $163,596
1945 $160,000
1944 $156,404
1943 $151,910
1942 $139,326
1941 $126,742
Year Equivalent
1940 $125,843
1939 $125,843
1938 $129,438
1937 $125,843
1936 $124,045
1935 $120,449
1934 $118,652
1933 $117,753
1932 $131,236
1931 $144,719
1930 $154,607
1929 $153,708
1928 $155,506
1927 $159,101
1926 $160,899
1925 $155,506
1924 $155,506
1923 $151,910
1922 $155,506
1921 $174,382
1920 $169,888
1919 $148,315
1918 $123,146
1917 $104,270
1916 $92,584
1915 $90,787
1914 $89,888