Calculate the Value of $406 in 1940

What is $406 in 1940 worth in today's money?
Amount
$
From
To
$7,554
Adjusted for inflation, $406 in 1940 is equal to $7,554 in 2021.
Annual inflation over this period was 3.68%.
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 1940 dollars worth?
Year Equivalent
2021 $7,554
2020 $7,452
2019 $7,286
2018 $7,149
2017 $7,002
2016 $6,859
2015 $6,810
2014 $6,758
2013 $6,658
2012 $6,544
2011 $6,356
2010 $6,263
2009 $6,097
2008 $6,091
2007 $5,852
2006 $5,707
2005 $5,519
2004 $5,345
2003 $5,246
2002 $5,124
2001 $5,046
2000 $4,881
1999 $4,753
1998 $4,678
1997 $4,599
1996 $4,452
1995 $4,341
Year Equivalent
1994 $4,228
1993 $4,115
1992 $3,999
1991 $3,880
1990 $3,657
1989 $3,495
1988 $3,347
1987 $3,205
1986 $3,170
1985 $3,054
1984 $2,938
1983 $2,830
1982 $2,726
1981 $2,503
1980 $2,224
1979 $1,963
1978 $1,801
1977 $1,688
1976 $1,610
1975 $1,505
1974 $1,340
1973 $1,233
1972 $1,192
1971 $1,154
1970 $1,093
1969 $1,030
1968 $983
Year Equivalent
1967 $954
1966 $922
1965 $905
1964 $896
1963 $882
1962 $870
1961 $864
1960 $853
1959 $838
1958 $824
1957 $800
1956 $777
1955 $774
1954 $780
1953 $774
1952 $769
1951 $725
1950 $684
1949 $699
1948 $679
1947 $624
1946 $528
1945 $516
1944 $505
1943 $490
1942 $450
1941 $409
Year Equivalent
1940 $406
1939 $406
1938 $418
1937 $406
1936 $400
1935 $389
1934 $383
1933 $380
1932 $423
1931 $467
1930 $499
1929 $496
1928 $502
1927 $513
1926 $519
1925 $502
1924 $502
1923 $490
1922 $502
1921 $563
1920 $548
1919 $479
1918 $397
1917 $336
1916 $299
1915 $293
1914 $290