Calculate the Value of $31,000 in 1916

What is $31k in 1916 money adjusted for inflation? Convert $31,000 from 1916 dollars to 2024 dollars.
Amount
$
From
To
$923,216
Adjusted for inflation, $31,000 in 1916 is equal to $923,216 in 2024.
Annual inflation over this period was 3.19%.
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 $31,000 in 1916 dollars worth?
Year Equivalent
2024 $923,216
2023 $893,273
2022 $839,113
2021 $783,951
2020 $773,417
2019 $756,138
2018 $741,965
2017 $726,640
2016 $711,871
2015 $706,716
2014 $701,410
2013 $691,032
2012 $679,207
2011 $659,665
2010 $649,944
2009 $632,725
2008 $632,147
2007 $607,359
2006 $592,311
2005 $572,748
2004 $554,689
2003 $544,456
2002 $531,816
2001 $523,689
2000 $506,534
1999 $493,291
1998 $485,466
1997 $477,340
Year Equivalent
1996 $461,990
1995 $450,553
1994 $438,816
1993 $427,078
1992 $415,039
1991 $402,699
1990 $379,524
1989 $362,670
1988 $347,320
1987 $332,573
1986 $328,961
1985 $316,922
1984 $304,883
1983 $293,748
1982 $282,913
1981 $259,738
1980 $230,845
1979 $203,757
1978 $186,903
1977 $175,165
1976 $167,039
1975 $156,204
1974 $139,049
1973 $127,913
1972 $123,699
1971 $119,786
1970 $113,466
1969 $106,845
Year Equivalent
1968 $102,029
1967 $99,019
1966 $95,709
1965 $93,903
1964 $93,000
1963 $91,495
1962 $90,291
1961 $89,689
1960 $88,485
1959 $86,981
1958 $85,476
1957 $83,068
1956 $80,660
1955 $80,359
1954 $80,961
1953 $80,359
1952 $79,757
1951 $75,243
1950 $71,029
1949 $72,534
1948 $70,427
1947 $64,709
1946 $54,777
1945 $53,573
1944 $52,369
1943 $50,864
1942 $46,650
1941 $42,437
Year Equivalent
1940 $42,136
1939 $42,136
1938 $43,340
1937 $42,136
1936 $41,534
1935 $40,330
1934 $39,728
1933 $39,427
1932 $43,942
1931 $48,456
1930 $51,767
1929 $51,466
1928 $52,068
1927 $53,272
1926 $53,874
1925 $52,068
1924 $52,068
1923 $50,864
1922 $52,068
1921 $58,388
1920 $56,883
1919 $49,660
1918 $41,233
1917 $34,913
1916 $31,000
1915 $30,398
1914 $30,097