Calculate the Value of $338 in 1940

What is 338 dollars in 1940 money adjusted for inflation? Convert $338 from 1940 dollars to 2024 dollars.
Amount
$
From
To
$7,406
Adjusted for inflation, $338 in 1940 is equal to $7,406 in 2024.
Annual inflation over this period was 3.74%.
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 $338 in 1940 dollars worth?
Year Equivalent
2024 $7,406
2023 $7,166
2022 $6,731
2021 $6,289
2020 $6,204
2019 $6,065
2018 $5,952
2017 $5,829
2016 $5,710
2015 $5,669
2014 $5,626
2013 $5,543
2012 $5,448
2011 $5,292
2010 $5,214
2009 $5,076
2008 $5,071
2007 $4,872
2006 $4,751
2005 $4,594
2004 $4,450
2003 $4,367
2002 $4,266
2001 $4,201
2000 $4,063
1999 $3,957
1998 $3,894
1997 $3,829
Year Equivalent
1996 $3,706
1995 $3,614
1994 $3,520
1993 $3,426
1992 $3,329
1991 $3,230
1990 $3,044
1989 $2,909
1988 $2,786
1987 $2,668
1986 $2,639
1985 $2,542
1984 $2,446
1983 $2,356
1982 $2,269
1981 $2,084
1980 $1,852
1979 $1,634
1978 $1,499
1977 $1,405
1976 $1,340
1975 $1,253
1974 $1,115
1973 $1,026
1972 $992
1971 $961
1970 $910
1969 $857
Year Equivalent
1968 $818
1967 $794
1966 $768
1965 $753
1964 $746
1963 $734
1962 $724
1961 $719
1960 $710
1959 $698
1958 $686
1957 $666
1956 $647
1955 $645
1954 $649
1953 $645
1952 $640
1951 $604
1950 $570
1949 $582
1948 $565
1947 $519
1946 $439
1945 $430
1944 $420
1943 $408
1942 $374
1941 $340
Year Equivalent
1940 $338
1939 $338
1938 $348
1937 $338
1936 $333
1935 $324
1934 $319
1933 $316
1932 $352
1931 $389
1930 $415
1929 $413
1928 $418
1927 $427
1926 $432
1925 $418
1924 $418
1923 $408
1922 $418
1921 $468
1920 $456
1919 $398
1918 $331
1917 $280
1916 $249
1915 $244
1914 $241