Calculate the Value of $48,000 in 1923

What is $48k in 1923 money adjusted for inflation? Convert $48,000 from 1923 dollars to 2024 dollars.
Amount
$
From
To
$871,231
Adjusted for inflation, $48,000 in 1923 is equal to $871,231 in 2024.
Annual inflation over this period was 2.91%.
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 $48,000 in 1923 dollars worth?
Year Equivalent
2024 $871,231
2023 $842,974
2022 $791,864
2021 $739,808
2020 $729,867
2019 $713,561
2018 $700,187
2017 $685,724
2016 $671,787
2015 $666,922
2014 $661,914
2013 $652,121
2012 $640,962
2011 $622,520
2010 $613,346
2009 $597,097
2008 $596,552
2007 $573,160
2006 $558,959
2005 $540,497
2004 $523,456
2003 $513,799
2002 $501,870
2001 $494,201
2000 $478,012
1999 $465,515
1998 $458,130
1997 $450,462
Year Equivalent
1996 $435,976
1995 $425,183
1994 $414,107
1993 $403,030
1992 $391,669
1991 $380,024
1990 $358,154
1989 $342,249
1988 $327,763
1987 $313,846
1986 $310,438
1985 $299,077
1984 $287,716
1983 $277,207
1982 $266,982
1981 $245,112
1980 $217,846
1979 $192,284
1978 $176,379
1977 $165,302
1976 $157,633
1975 $147,408
1974 $131,219
1973 $120,710
1972 $116,734
1971 $113,041
1970 $107,077
1969 $100,828
Year Equivalent
1968 $96,284
1967 $93,444
1966 $90,320
1965 $88,615
1964 $87,763
1963 $86,343
1962 $85,207
1961 $84,639
1960 $83,503
1959 $82,083
1958 $80,663
1957 $78,391
1956 $76,118
1955 $75,834
1954 $76,402
1953 $75,834
1952 $75,266
1951 $71,006
1950 $67,030
1949 $68,450
1948 $66,462
1947 $61,065
1946 $51,692
1945 $50,556
1944 $49,420
1943 $48,000
1942 $44,024
1941 $40,047
Year Equivalent
1940 $39,763
1939 $39,763
1938 $40,899
1937 $39,763
1936 $39,195
1935 $38,059
1934 $37,491
1933 $37,207
1932 $41,467
1931 $45,728
1930 $48,852
1929 $48,568
1928 $49,136
1927 $50,272
1926 $50,840
1925 $49,136
1924 $49,136
1923 $48,000
1922 $49,136
1921 $55,101
1920 $53,680
1919 $46,864
1918 $38,911
1917 $32,947
1916 $29,254
1915 $28,686
1914 $28,402