Calculate the Value of $488 in 1923

What is 488 dollars in 1923 money adjusted for inflation? Convert $488 from 1923 dollars to 2024 dollars.
Amount
$
From
To
$8,858
Adjusted for inflation, $488 in 1923 is equal to $8,858 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 $488 in 1923 dollars worth?
Year Equivalent
2024 $8,858
2023 $8,570
2022 $8,051
2021 $7,521
2020 $7,420
2019 $7,255
2018 $7,119
2017 $6,972
2016 $6,830
2015 $6,780
2014 $6,729
2013 $6,630
2012 $6,516
2011 $6,329
2010 $6,236
2009 $6,070
2008 $6,065
2007 $5,827
2006 $5,683
2005 $5,495
2004 $5,322
2003 $5,224
2002 $5,102
2001 $5,024
2000 $4,860
1999 $4,733
1998 $4,658
1997 $4,580
Year Equivalent
1996 $4,432
1995 $4,323
1994 $4,210
1993 $4,097
1992 $3,982
1991 $3,864
1990 $3,641
1989 $3,480
1988 $3,332
1987 $3,191
1986 $3,156
1985 $3,041
1984 $2,925
1983 $2,818
1982 $2,714
1981 $2,492
1980 $2,215
1979 $1,955
1978 $1,793
1977 $1,681
1976 $1,603
1975 $1,499
1974 $1,334
1973 $1,227
1972 $1,187
1971 $1,149
1970 $1,089
1969 $1,025
Year Equivalent
1968 $979
1967 $950
1966 $918
1965 $901
1964 $892
1963 $878
1962 $866
1961 $860
1960 $849
1959 $835
1958 $820
1957 $797
1956 $774
1955 $771
1954 $777
1953 $771
1952 $765
1951 $722
1950 $681
1949 $696
1948 $676
1947 $621
1946 $526
1945 $514
1944 $502
1943 $488
1942 $448
1941 $407
Year Equivalent
1940 $404
1939 $404
1938 $416
1937 $404
1936 $398
1935 $387
1934 $381
1933 $378
1932 $422
1931 $465
1930 $497
1929 $494
1928 $500
1927 $511
1926 $517
1925 $500
1924 $500
1923 $488
1922 $500
1921 $560
1920 $546
1919 $476
1918 $396
1917 $335
1916 $297
1915 $292
1914 $289