Calculate the Value of $406 in 1931

What is 406 dollars in 1931 money adjusted for inflation? Convert $406 from 1931 dollars to 2024 dollars.
Amount
$
From
To
$7,735
Adjusted for inflation, $406 in 1931 is equal to $7,735 in 2024.
Annual inflation over this period was 3.22%.
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 $406 in 1931 dollars worth?
Year Equivalent
2024 $7,735
2023 $7,484
2022 $7,031
2021 $6,568
2020 $6,480
2019 $6,335
2018 $6,217
2017 $6,088
2016 $5,965
2015 $5,921
2014 $5,877
2013 $5,790
2012 $5,691
2011 $5,527
2010 $5,446
2009 $5,301
2008 $5,297
2007 $5,089
2006 $4,963
2005 $4,799
2004 $4,648
2003 $4,562
2002 $4,456
2001 $4,388
2000 $4,244
1999 $4,133
1998 $4,068
1997 $3,999
Year Equivalent
1996 $3,871
1995 $3,775
1994 $3,677
1993 $3,578
1992 $3,477
1991 $3,374
1990 $3,180
1989 $3,039
1988 $2,910
1987 $2,787
1986 $2,756
1985 $2,655
1984 $2,555
1983 $2,461
1982 $2,370
1981 $2,176
1980 $1,934
1979 $1,707
1978 $1,566
1977 $1,468
1976 $1,400
1975 $1,309
1974 $1,165
1973 $1,072
1972 $1,036
1971 $1,004
1970 $951
1969 $895
Year Equivalent
1968 $855
1967 $830
1966 $802
1965 $787
1964 $779
1963 $767
1962 $757
1961 $751
1960 $741
1959 $729
1958 $716
1957 $696
1956 $676
1955 $673
1954 $678
1953 $673
1952 $668
1951 $630
1950 $595
1949 $608
1948 $590
1947 $542
1946 $459
1945 $449
1944 $439
1943 $426
1942 $391
1941 $356
Year Equivalent
1940 $353
1939 $353
1938 $363
1937 $353
1936 $348
1935 $338
1934 $333
1933 $330
1932 $368
1931 $406
1930 $434
1929 $431
1928 $436
1927 $446
1926 $451
1925 $436
1924 $436
1923 $426
1922 $436
1921 $489
1920 $477
1919 $416
1918 $345
1917 $293
1916 $260
1915 $255
1914 $252