Calculate the Value of $406 in 1948

What is $406 in 1948 worth in today's money?
Amount
$
From
To
$4,519
Adjusted for inflation, $406 in 1948 is equal to $4,519 in 2021.
Annual inflation over this period was 3.36%.
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 1948 dollars worth?
Year Equivalent
2021 $4,519
2020 $4,459
2019 $4,359
2018 $4,277
2017 $4,189
2016 $4,104
2015 $4,074
2014 $4,043
2013 $3,984
2012 $3,916
2011 $3,803
2010 $3,747
2009 $3,648
2008 $3,644
2007 $3,501
2006 $3,415
2005 $3,302
2004 $3,198
2003 $3,139
2002 $3,066
2001 $3,019
2000 $2,920
1999 $2,844
1998 $2,799
1997 $2,752
1996 $2,663
1995 $2,597
Year Equivalent
1994 $2,530
1993 $2,462
1992 $2,393
1991 $2,321
1990 $2,188
1989 $2,091
1988 $2,002
1987 $1,917
1986 $1,896
1985 $1,827
1984 $1,758
1983 $1,693
1982 $1,631
1981 $1,497
1980 $1,331
1979 $1,175
1978 $1,077
1977 $1,010
1976 $963
1975 $900
1974 $802
1973 $737
1972 $713
1971 $691
1970 $654
1969 $616
1968 $588
Year Equivalent
1967 $571
1966 $552
1965 $541
1964 $536
1963 $527
1962 $521
1961 $517
1960 $510
1959 $501
1958 $493
1957 $479
1956 $465
1955 $463
1954 $467
1953 $463
1952 $460
1951 $434
1950 $409
1949 $418
1948 $406
1947 $373
1946 $316
1945 $309
1944 $302
1943 $293
1942 $269
1941 $245
Year Equivalent
1940 $243
1939 $243
1938 $250
1937 $243
1936 $239
1935 $232
1934 $229
1933 $227
1932 $253
1931 $279
1930 $298
1929 $297
1928 $300
1927 $307
1926 $311
1925 $300
1924 $300
1923 $293
1922 $300
1921 $337
1920 $328
1919 $286
1918 $238
1917 $201
1916 $179
1915 $175
1914 $174