Calculate the Value of $389 in 1916

What is 389 dollars in 1916 money adjusted for inflation? Convert $389 from 1916 dollars to 2024 dollars.
Amount
$
From
To
$11,585
Adjusted for inflation, $389 in 1916 is equal to $11,585 in 2024.
Annual inflation over this period was 3.19%.
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 $389 in 1916 dollars worth?
Year Equivalent
2024 $11,585
2023 $11,209
2022 $10,530
2021 $9,837
2020 $9,705
2019 $9,488
2018 $9,310
2017 $9,118
2016 $8,933
2015 $8,868
2014 $8,802
2013 $8,671
2012 $8,523
2011 $8,278
2010 $8,156
2009 $7,940
2008 $7,932
2007 $7,621
2006 $7,433
2005 $7,187
2004 $6,960
2003 $6,832
2002 $6,673
2001 $6,571
2000 $6,356
1999 $6,190
1998 $6,092
1997 $5,990
Year Equivalent
1996 $5,797
1995 $5,654
1994 $5,506
1993 $5,359
1992 $5,208
1991 $5,053
1990 $4,762
1989 $4,551
1988 $4,358
1987 $4,173
1986 $4,128
1985 $3,977
1984 $3,826
1983 $3,686
1982 $3,550
1981 $3,259
1980 $2,897
1979 $2,557
1978 $2,345
1977 $2,198
1976 $2,096
1975 $1,960
1974 $1,745
1973 $1,605
1972 $1,552
1971 $1,503
1970 $1,424
1969 $1,341
Year Equivalent
1968 $1,280
1967 $1,243
1966 $1,201
1965 $1,178
1964 $1,167
1963 $1,148
1962 $1,133
1961 $1,125
1960 $1,110
1959 $1,091
1958 $1,073
1957 $1,042
1956 $1,012
1955 $1,008
1954 $1,016
1953 $1,008
1952 $1,001
1951 $944
1950 $891
1949 $910
1948 $884
1947 $812
1946 $687
1945 $672
1944 $657
1943 $638
1942 $585
1941 $533
Year Equivalent
1940 $529
1939 $529
1938 $544
1937 $529
1936 $521
1935 $506
1934 $499
1933 $495
1932 $551
1931 $608
1930 $650
1929 $646
1928 $653
1927 $668
1926 $676
1925 $653
1924 $653
1923 $638
1922 $653
1921 $733
1920 $714
1919 $623
1918 $517
1917 $438
1916 $389
1915 $381
1914 $378