Calculate the Value of $31,000 in 1924

What is $31k in 1924 money adjusted for inflation? Convert $31,000 from 1924 dollars to 2024 dollars.
Amount
$
From
To
$549,660
Adjusted for inflation, $31,000 in 1924 is equal to $549,660 in 2024.
Annual inflation over this period was 2.92%.
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 1924 dollars worth?
Year Equivalent
2024 $549,660
2023 $531,833
2022 $499,587
2021 $466,745
2020 $460,474
2019 $450,186
2018 $441,748
2017 $432,624
2016 $423,831
2015 $420,761
2014 $417,602
2013 $411,424
2012 $404,383
2011 $392,748
2010 $386,961
2009 $376,709
2008 $376,365
2007 $361,607
2006 $352,647
2005 $341,000
2004 $330,249
2003 $324,156
2002 $316,630
2001 $311,792
2000 $301,578
1999 $293,694
1998 $289,035
1997 $284,197
Year Equivalent
1996 $275,058
1995 $268,249
1994 $261,260
1993 $254,272
1992 $247,104
1991 $239,757
1990 $225,960
1989 $215,925
1988 $206,786
1987 $198,006
1986 $195,855
1985 $188,688
1984 $181,520
1983 $174,890
1982 $168,439
1981 $154,642
1980 $137,439
1979 $121,312
1978 $111,277
1977 $104,289
1976 $99,451
1975 $93,000
1974 $82,786
1973 $76,156
1972 $73,647
1971 $71,318
1970 $67,555
1969 $63,613
Year Equivalent
1968 $60,746
1967 $58,954
1966 $56,983
1965 $55,908
1964 $55,370
1963 $54,474
1962 $53,757
1961 $53,399
1960 $52,682
1959 $51,786
1958 $50,890
1957 $49,457
1956 $48,023
1955 $47,844
1954 $48,202
1953 $47,844
1952 $47,486
1951 $44,798
1950 $42,289
1949 $43,185
1948 $41,931
1947 $38,526
1946 $32,613
1945 $31,896
1944 $31,179
1943 $30,283
1942 $27,775
1941 $25,266
Year Equivalent
1940 $25,087
1939 $25,087
1938 $25,803
1937 $25,087
1936 $24,728
1935 $24,012
1934 $23,653
1933 $23,474
1932 $26,162
1931 $28,850
1930 $30,821
1929 $30,642
1928 $31,000
1927 $31,717
1926 $32,075
1925 $31,000
1924 $31,000
1923 $30,283
1922 $31,000
1921 $34,763
1920 $33,867
1919 $29,566
1918 $24,549
1917 $20,786
1916 $18,457
1915 $18,098
1914 $17,919