Calculate the Value of $240,000 in 1971

What is $240k in 1971 worth in today's money?
Amount
$
From
To
$1,570,697
Adjusted for inflation, $240,000 in 1971 is equal to $1,570,697 in 2021.
Annual inflation over this period was 3.83%.
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 1971 dollars worth?
Year Equivalent
2021 $1,570,697
2020 $1,549,592
2019 $1,514,973
2018 $1,486,577
2017 $1,455,871
2016 $1,426,281
2015 $1,415,952
2014 $1,405,321
2013 $1,384,529
2012 $1,360,836
2011 $1,321,682
2010 $1,302,205
2009 $1,267,707
2008 $1,266,549
2007 $1,216,884
2006 $1,186,734
2005 $1,147,538
2004 $1,111,357
2003 $1,090,854
2002 $1,065,528
2001 $1,049,246
2000 $1,014,874
1999 $988,342
1998 $972,663
1997 $956,382
1996 $925,628
1995 $902,714
Year Equivalent
1994 $879,196
1993 $855,678
1992 $831,558
1991 $806,834
1990 $760,402
1989 $726,633
1988 $695,879
1987 $666,332
1986 $659,095
1985 $634,975
1984 $610,854
1983 $588,543
1982 $566,834
1981 $520,402
1980 $462,513
1979 $408,241
1978 $374,472
1977 $350,955
1976 $334,673
1975 $312,965
1974 $278,593
1973 $256,281
1972 $247,839
1971 $240,000
1970 $227,337
1969 $214,070
1968 $204,422
Year Equivalent
1967 $198,392
1966 $191,759
1965 $188,141
1964 $186,332
1963 $183,317
1962 $180,905
1961 $179,698
1960 $177,286
1959 $174,271
1958 $171,256
1957 $166,432
1956 $161,608
1955 $161,005
1954 $162,211
1953 $161,005
1952 $159,799
1951 $150,754
1950 $142,312
1949 $145,327
1948 $141,106
1947 $129,648
1946 $109,749
1945 $107,337
1944 $104,925
1943 $101,910
1942 $93,467
1941 $85,025
Year Equivalent
1940 $84,422
1939 $84,422
1938 $86,834
1937 $84,422
1936 $83,216
1935 $80,804
1934 $79,598
1933 $78,995
1932 $88,040
1931 $97,085
1930 $103,719
1929 $103,116
1928 $104,322
1927 $106,734
1926 $107,940
1925 $104,322
1924 $104,322
1923 $101,910
1922 $104,322
1921 $116,985
1920 $113,970
1919 $99,497
1918 $82,613
1917 $69,950
1916 $62,111
1915 $60,905
1914 $60,302