Calculate the Value of $28,000 in 1923

What is $28k in 1923 money adjusted for inflation? Convert $28,000 from 1923 dollars to 2024 dollars.
Amount
$
From
To
$508,218
Adjusted for inflation, $28,000 in 1923 is equal to $508,218 in 2024.
Annual inflation over this period was 2.91%.
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 $28,000 in 1923 dollars worth?
Year Equivalent
2024 $508,218
2023 $491,735
2022 $461,920
2021 $431,555
2020 $425,756
2019 $416,244
2018 $408,442
2017 $400,006
2016 $391,876
2015 $389,038
2014 $386,117
2013 $380,404
2012 $373,894
2011 $363,137
2010 $357,785
2009 $348,307
2008 $347,989
2007 $334,343
2006 $326,059
2005 $315,290
2004 $305,349
2003 $299,716
2002 $292,757
2001 $288,284
2000 $278,840
1999 $271,550
1998 $267,243
1997 $262,769
Year Equivalent
1996 $254,320
1995 $248,024
1994 $241,562
1993 $235,101
1992 $228,473
1991 $221,680
1990 $208,923
1989 $199,645
1988 $191,195
1987 $183,077
1986 $181,089
1985 $174,462
1984 $167,834
1983 $161,704
1982 $155,740
1981 $142,982
1980 $127,077
1979 $112,166
1978 $102,888
1977 $96,426
1976 $91,953
1975 $85,988
1974 $76,544
1973 $70,414
1972 $68,095
1971 $65,941
1970 $62,462
1969 $58,817
Year Equivalent
1968 $56,166
1967 $54,509
1966 $52,686
1965 $51,692
1964 $51,195
1963 $50,367
1962 $49,704
1961 $49,373
1960 $48,710
1959 $47,882
1958 $47,053
1957 $45,728
1956 $44,402
1955 $44,237
1954 $44,568
1953 $44,237
1952 $43,905
1951 $41,420
1950 $39,101
1949 $39,929
1948 $38,769
1947 $35,621
1946 $30,154
1945 $29,491
1944 $28,828
1943 $28,000
1942 $25,680
1941 $23,361
Year Equivalent
1940 $23,195
1939 $23,195
1938 $23,858
1937 $23,195
1936 $22,864
1935 $22,201
1934 $21,870
1933 $21,704
1932 $24,189
1931 $26,675
1930 $28,497
1929 $28,331
1928 $28,663
1927 $29,325
1926 $29,657
1925 $28,663
1924 $28,663
1923 $28,000
1922 $28,663
1921 $32,142
1920 $31,314
1919 $27,337
1918 $22,698
1917 $19,219
1916 $17,065
1915 $16,734
1914 $16,568