Calculate the Value of $340 in 1956

What is $340 in 1956 worth in today's money?
Amount
$
From
To
$3,305
Adjusted for inflation, $340 in 1956 is equal to $3,305 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 $340 in 1956 dollars worth?
Year Equivalent
2021 $3,305
2020 $3,260
2019 $3,187
2018 $3,128
2017 $3,063
2016 $3,001
2015 $2,979
2014 $2,957
2013 $2,913
2012 $2,863
2011 $2,781
2010 $2,740
2009 $2,667
2008 $2,665
2007 $2,560
2006 $2,497
2005 $2,414
2004 $2,338
2003 $2,295
2002 $2,242
2001 $2,207
2000 $2,135
1999 $2,079
1998 $2,046
1997 $2,012
1996 $1,947
1995 $1,899
Year Equivalent
1994 $1,850
1993 $1,800
1992 $1,749
1991 $1,697
1990 $1,600
1989 $1,529
1988 $1,464
1987 $1,402
1986 $1,387
1985 $1,336
1984 $1,285
1983 $1,238
1982 $1,193
1981 $1,095
1980 $973
1979 $859
1978 $788
1977 $738
1976 $704
1975 $658
1974 $586
1973 $539
1972 $521
1971 $505
1970 $478
1969 $450
1968 $430
Year Equivalent
1967 $417
1966 $403
1965 $396
1964 $392
1963 $386
1962 $381
1961 $378
1960 $373
1959 $367
1958 $360
1957 $350
1956 $340
1955 $339
1954 $341
1953 $339
1952 $336
1951 $317
1950 $299
1949 $306
1948 $297
1947 $273
1946 $231
1945 $226
1944 $221
1943 $214
1942 $197
1941 $179
Year Equivalent
1940 $178
1939 $178
1938 $183
1937 $178
1936 $175
1935 $170
1934 $167
1933 $166
1932 $185
1931 $204
1930 $218
1929 $217
1928 $219
1927 $225
1926 $227
1925 $219
1924 $219
1923 $214
1922 $219
1921 $246
1920 $240
1919 $209
1918 $174
1917 $147
1916 $131
1915 $128
1914 $127