Calculate the Value of $408 in 1940

What is 408 dollars in 1940 money adjusted for inflation? Convert $408 from 1940 dollars to 2024 dollars.
Amount
$
From
To
$8,939
Adjusted for inflation, $408 in 1940 is equal to $8,939 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 $408 in 1940 dollars worth?
Year Equivalent
2024 $8,939
2023 $8,650
2022 $8,125
2021 $7,591
2020 $7,489
2019 $7,322
2018 $7,184
2017 $7,036
2016 $6,893
2015 $6,843
2014 $6,792
2013 $6,691
2012 $6,577
2011 $6,388
2010 $6,293
2009 $6,127
2008 $6,121
2007 $5,881
2006 $5,735
2005 $5,546
2004 $5,371
2003 $5,272
2002 $5,150
2001 $5,071
2000 $4,905
1999 $4,777
1998 $4,701
1997 $4,622
Year Equivalent
1996 $4,473
1995 $4,363
1994 $4,249
1993 $4,135
1992 $4,019
1991 $3,899
1990 $3,675
1989 $3,512
1988 $3,363
1987 $3,220
1986 $3,185
1985 $3,069
1984 $2,952
1983 $2,844
1982 $2,739
1981 $2,515
1980 $2,235
1979 $1,973
1978 $1,810
1977 $1,696
1976 $1,617
1975 $1,513
1974 $1,346
1973 $1,239
1972 $1,198
1971 $1,160
1970 $1,099
1969 $1,035
Year Equivalent
1968 $988
1967 $959
1966 $927
1965 $909
1964 $901
1963 $886
1962 $874
1961 $868
1960 $857
1959 $842
1958 $828
1957 $804
1956 $781
1955 $778
1954 $784
1953 $778
1952 $772
1951 $729
1950 $688
1949 $702
1948 $682
1947 $627
1946 $530
1945 $519
1944 $507
1943 $493
1942 $452
1941 $411
Year Equivalent
1940 $408
1939 $408
1938 $420
1937 $408
1936 $402
1935 $391
1934 $385
1933 $382
1932 $425
1931 $469
1930 $501
1929 $498
1928 $504
1927 $516
1926 $522
1925 $504
1924 $504
1923 $493
1922 $504
1921 $565
1920 $551
1919 $481
1918 $399
1917 $338
1916 $300
1915 $294
1914 $291