Calculate the Value of $340,000 in 1923

What is $340k in 1923 worth in today's money?
Amount
$
From
To
$5,240,305
Adjusted for inflation, $340,000 in 1923 is equal to $5,240,305 in 2021.
Annual inflation over this period was 2.83%.
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 $340,000 in 1923 dollars worth?
Year Equivalent
2021 $5,240,305
2020 $5,169,891
2019 $5,054,392
2018 $4,959,654
2017 $4,857,212
2016 $4,758,491
2015 $4,724,028
2014 $4,688,560
2013 $4,619,192
2012 $4,540,147
2011 $4,409,518
2010 $4,344,536
2009 $4,229,439
2008 $4,225,576
2007 $4,059,882
2006 $3,959,290
2005 $3,828,521
2004 $3,707,811
2003 $3,639,408
2002 $3,554,911
2001 $3,500,592
2000 $3,385,917
1999 $3,297,396
1998 $3,245,089
1997 $3,190,769
1996 $3,088,166
1995 $3,011,716
Year Equivalent
1994 $2,933,254
1993 $2,854,793
1992 $2,774,320
1991 $2,691,834
1990 $2,536,923
1989 $2,424,260
1988 $2,321,657
1987 $2,223,077
1986 $2,198,935
1985 $2,118,462
1984 $2,037,988
1983 $1,963,550
1982 $1,891,124
1981 $1,736,213
1980 $1,543,077
1979 $1,362,012
1978 $1,249,349
1977 $1,170,888
1976 $1,116,568
1975 $1,044,142
1974 $929,467
1973 $855,030
1972 $826,864
1971 $800,710
1970 $758,462
1969 $714,201
1968 $682,012
Year Equivalent
1967 $661,893
1966 $639,763
1965 $627,692
1964 $621,657
1963 $611,598
1962 $603,550
1961 $599,527
1960 $591,479
1959 $581,420
1958 $571,361
1957 $555,266
1956 $539,172
1955 $537,160
1954 $541,183
1953 $537,160
1952 $533,136
1951 $502,959
1950 $474,793
1949 $484,852
1948 $470,769
1947 $432,544
1946 $366,154
1945 $358,107
1944 $350,059
1943 $340,000
1942 $311,834
1941 $283,669
Year Equivalent
1940 $281,657
1939 $281,657
1938 $289,704
1937 $281,657
1936 $277,633
1935 $269,586
1934 $265,562
1933 $263,550
1932 $293,728
1931 $323,905
1930 $346,036
1929 $344,024
1928 $348,047
1927 $356,095
1926 $360,118
1925 $348,047
1924 $348,047
1923 $340,000
1922 $348,047
1921 $390,296
1920 $380,237
1919 $331,953
1918 $275,621
1917 $233,373
1916 $207,219
1915 $203,195
1914 $201,183