Calculate the Value of $242 in 1920

What is 242 dollars in 1920 money adjusted for inflation? Convert $242 from 1920 dollars to 2024 dollars.
Amount
$
From
To
$3,928
Adjusted for inflation, $242 in 1920 is equal to $3,928 in 2024.
Annual inflation over this period was 2.72%.
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 $242 in 1920 dollars worth?
Year Equivalent
2024 $3,928
2023 $3,800
2022 $3,570
2021 $3,335
2020 $3,290
2019 $3,217
2018 $3,157
2017 $3,091
2016 $3,029
2015 $3,007
2014 $2,984
2013 $2,940
2012 $2,890
2011 $2,806
2010 $2,765
2009 $2,692
2008 $2,689
2007 $2,584
2006 $2,520
2005 $2,437
2004 $2,360
2003 $2,316
2002 $2,263
2001 $2,228
2000 $2,155
1999 $2,099
1998 $2,065
1997 $2,031
Year Equivalent
1996 $1,965
1995 $1,917
1994 $1,867
1993 $1,817
1992 $1,766
1991 $1,713
1990 $1,615
1989 $1,543
1988 $1,478
1987 $1,415
1986 $1,400
1985 $1,348
1984 $1,297
1983 $1,250
1982 $1,204
1981 $1,105
1980 $982
1979 $867
1978 $795
1977 $745
1976 $711
1975 $665
1974 $592
1973 $544
1972 $526
1971 $510
1970 $483
1969 $455
Year Equivalent
1968 $434
1967 $421
1966 $407
1965 $399
1964 $396
1963 $389
1962 $384
1961 $382
1960 $376
1959 $370
1958 $364
1957 $353
1956 $343
1955 $342
1954 $344
1953 $342
1952 $339
1951 $320
1950 $302
1949 $309
1948 $300
1947 $275
1946 $233
1945 $228
1944 $223
1943 $216
1942 $198
1941 $181
Year Equivalent
1940 $179
1939 $179
1938 $184
1937 $179
1936 $177
1935 $172
1934 $169
1933 $168
1932 $187
1931 $206
1930 $220
1929 $219
1928 $222
1927 $227
1926 $229
1925 $222
1924 $222
1923 $216
1922 $222
1921 $248
1920 $242
1919 $211
1918 $175
1917 $149
1916 $132
1915 $129
1914 $128