Calculate the Value of $398 in 1940

What is 398 dollars in 1940 money adjusted for inflation? Convert $398 from 1940 dollars to 2024 dollars.
Amount
$
From
To
$8,720
Adjusted for inflation, $398 in 1940 is equal to $8,720 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 $398 in 1940 dollars worth?
Year Equivalent
2024 $8,720
2023 $8,438
2022 $7,926
2021 $7,405
2020 $7,305
2019 $7,142
2018 $7,008
2017 $6,864
2016 $6,724
2015 $6,675
2014 $6,625
2013 $6,527
2012 $6,416
2011 $6,231
2010 $6,139
2009 $5,976
2008 $5,971
2007 $5,737
2006 $5,595
2005 $5,410
2004 $5,239
2003 $5,143
2002 $5,023
2001 $4,947
2000 $4,785
1999 $4,659
1998 $4,586
1997 $4,509
Year Equivalent
1996 $4,364
1995 $4,256
1994 $4,145
1993 $4,034
1992 $3,920
1991 $3,804
1990 $3,585
1989 $3,426
1988 $3,281
1987 $3,141
1986 $3,107
1985 $2,994
1984 $2,880
1983 $2,775
1982 $2,672
1981 $2,453
1980 $2,180
1979 $1,925
1978 $1,765
1977 $1,655
1976 $1,578
1975 $1,475
1974 $1,313
1973 $1,208
1972 $1,168
1971 $1,131
1970 $1,072
1969 $1,009
Year Equivalent
1968 $964
1967 $935
1966 $904
1965 $887
1964 $878
1963 $864
1962 $853
1961 $847
1960 $836
1959 $822
1958 $807
1957 $785
1956 $762
1955 $759
1954 $765
1953 $759
1952 $753
1951 $711
1950 $671
1949 $685
1948 $665
1947 $611
1946 $517
1945 $506
1944 $495
1943 $480
1942 $441
1941 $401
Year Equivalent
1940 $398
1939 $398
1938 $409
1937 $398
1936 $392
1935 $381
1934 $375
1933 $372
1932 $415
1931 $458
1930 $489
1929 $486
1928 $492
1927 $503
1926 $509
1925 $492
1924 $492
1923 $480
1922 $492
1921 $552
1920 $537
1919 $469
1918 $389
1917 $330
1916 $293
1915 $287
1914 $284