Calculate the Value of $31,000 in 1923

What is $31k in 1923 money adjusted for inflation? Convert $31,000 from 1923 dollars to 2024 dollars.
Amount
$
From
To
$562,670
Adjusted for inflation, $31,000 in 1923 is equal to $562,670 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 $31,000 in 1923 dollars worth?
Year Equivalent
2024 $562,670
2023 $544,421
2022 $511,412
2021 $477,793
2020 $471,372
2019 $460,842
2018 $452,204
2017 $442,863
2016 $433,862
2015 $430,720
2014 $427,486
2013 $421,162
2012 $413,955
2011 $402,044
2010 $396,119
2009 $385,625
2008 $385,273
2007 $370,166
2006 $360,994
2005 $349,071
2004 $338,065
2003 $331,828
2002 $324,124
2001 $319,172
2000 $308,716
1999 $300,645
1998 $295,876
1997 $290,923
Year Equivalent
1996 $281,568
1995 $274,598
1994 $267,444
1993 $260,290
1992 $252,953
1991 $245,432
1990 $231,308
1989 $221,036
1988 $211,680
1987 $202,692
1986 $200,491
1985 $193,154
1984 $185,817
1983 $179,030
1982 $172,426
1981 $158,302
1980 $140,692
1979 $124,183
1978 $113,911
1977 $106,757
1976 $101,805
1975 $95,201
1974 $84,746
1973 $77,959
1972 $75,391
1971 $73,006
1970 $69,154
1969 $65,118
Year Equivalent
1968 $62,183
1967 $60,349
1966 $58,331
1965 $57,231
1964 $56,680
1963 $55,763
1962 $55,030
1961 $54,663
1960 $53,929
1959 $53,012
1958 $52,095
1957 $50,627
1956 $49,160
1955 $48,976
1954 $49,343
1953 $48,976
1952 $48,609
1951 $45,858
1950 $43,290
1949 $44,207
1948 $42,923
1947 $39,438
1946 $33,385
1945 $32,651
1944 $31,917
1943 $31,000
1942 $28,432
1941 $25,864
Year Equivalent
1940 $25,680
1939 $25,680
1938 $26,414
1937 $25,680
1936 $25,314
1935 $24,580
1934 $24,213
1933 $24,030
1932 $26,781
1931 $29,533
1930 $31,550
1929 $31,367
1928 $31,734
1927 $32,467
1926 $32,834
1925 $31,734
1924 $31,734
1923 $31,000
1922 $31,734
1921 $35,586
1920 $34,669
1919 $30,266
1918 $25,130
1917 $21,278
1916 $18,893
1915 $18,527
1914 $18,343