Calculate the Value of $31,000 in 1956

What is $31k in 1956 worth in today's money?
Amount
$
From
To
$301,295
Adjusted for inflation, $31,000 in 1956 is equal to $301,295 in 2021.
Annual inflation over this period was 3.56%.
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 1956 dollars worth?
Year Equivalent
2021 $301,295
2020 $297,246
2019 $290,605
2018 $285,158
2017 $279,268
2016 $273,592
2015 $271,611
2014 $269,572
2013 $265,583
2012 $261,039
2011 $253,528
2010 $249,792
2009 $243,174
2008 $242,952
2007 $233,425
2006 $227,642
2005 $220,123
2004 $213,183
2003 $209,250
2002 $204,392
2001 $201,269
2000 $194,675
1999 $189,586
1998 $186,578
1997 $183,455
1996 $177,556
1995 $173,160
Year Equivalent
1994 $168,649
1993 $164,138
1992 $159,511
1991 $154,769
1990 $145,862
1989 $139,384
1988 $133,485
1987 $127,817
1986 $126,429
1985 $121,802
1984 $117,175
1983 $112,896
1982 $108,731
1981 $99,825
1980 $88,720
1979 $78,310
1978 $71,832
1977 $67,321
1976 $64,198
1975 $60,034
1974 $53,440
1973 $49,160
1972 $47,541
1971 $46,037
1970 $43,608
1969 $41,063
1968 $39,213
Year Equivalent
1967 $38,056
1966 $36,784
1965 $36,090
1964 $35,743
1963 $35,164
1962 $34,701
1961 $34,470
1960 $34,007
1959 $33,429
1958 $32,851
1957 $31,925
1956 $31,000
1955 $30,884
1954 $31,116
1953 $30,884
1952 $30,653
1951 $28,918
1950 $27,299
1949 $27,877
1948 $27,067
1947 $24,869
1946 $21,052
1945 $20,590
1944 $20,127
1943 $19,549
1942 $17,929
1941 $16,310
Year Equivalent
1940 $16,194
1939 $16,194
1938 $16,657
1937 $16,194
1936 $15,963
1935 $15,500
1934 $15,269
1933 $15,153
1932 $16,888
1931 $18,623
1930 $19,896
1929 $19,780
1928 $20,011
1927 $20,474
1926 $20,705
1925 $20,011
1924 $20,011
1923 $19,549
1922 $20,011
1921 $22,440
1920 $21,862
1919 $19,086
1918 $15,847
1917 $13,418
1916 $11,914
1915 $11,683
1914 $11,567