Calculate the Value of $340,000 in 1924

What is $340k in 1924 worth in today's money?
Amount
$
From
To
$5,119,142
Adjusted for inflation, $340,000 in 1924 is equal to $5,119,142 in 2021.
Annual inflation over this period was 2.84%.
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 1924 dollars worth?
Year Equivalent
2021 $5,119,142
2020 $5,050,356
2019 $4,937,527
2018 $4,844,980
2017 $4,744,906
2016 $4,648,468
2015 $4,614,802
2014 $4,580,154
2013 $4,512,390
2012 $4,435,172
2011 $4,307,564
2010 $4,244,084
2009 $4,131,649
2008 $4,127,875
2007 $3,966,012
2006 $3,867,746
2005 $3,740,000
2004 $3,622,081
2003 $3,555,260
2002 $3,472,717
2001 $3,419,653
2000 $3,307,630
1999 $3,221,156
1998 $3,170,058
1997 $3,116,994
1996 $3,016,763
1995 $2,942,081
Year Equivalent
1994 $2,865,434
1993 $2,788,786
1992 $2,710,173
1991 $2,629,595
1990 $2,478,266
1989 $2,368,208
1988 $2,267,977
1987 $2,171,676
1986 $2,148,092
1985 $2,069,480
1984 $1,990,867
1983 $1,918,150
1982 $1,847,399
1981 $1,696,069
1980 $1,507,399
1979 $1,330,520
1978 $1,220,462
1977 $1,143,815
1976 $1,090,751
1975 $1,020,000
1974 $907,977
1973 $835,260
1972 $807,746
1971 $782,197
1970 $740,925
1969 $697,688
1968 $666,243
Year Equivalent
1967 $646,590
1966 $624,971
1965 $613,179
1964 $607,283
1963 $597,457
1962 $589,595
1961 $585,665
1960 $577,803
1959 $567,977
1958 $558,150
1957 $542,428
1956 $526,705
1955 $524,740
1954 $528,671
1953 $524,740
1952 $520,809
1951 $491,329
1950 $463,815
1949 $473,642
1948 $459,884
1947 $422,543
1946 $357,688
1945 $349,827
1944 $341,965
1943 $332,139
1942 $304,624
1941 $277,110
Year Equivalent
1940 $275,145
1939 $275,145
1938 $283,006
1937 $275,145
1936 $271,214
1935 $263,353
1934 $259,422
1933 $257,457
1932 $286,936
1931 $316,416
1930 $338,035
1929 $336,069
1928 $340,000
1927 $347,861
1926 $351,792
1925 $340,000
1924 $340,000
1923 $332,139
1922 $340,000
1921 $381,272
1920 $371,445
1919 $324,277
1918 $269,249
1917 $227,977
1916 $202,428
1915 $198,497
1914 $196,532