Calculate the Value of $488 in 1931

What is 488 dollars in 1931 money adjusted for inflation? Convert $488 from 1931 dollars to 2024 dollars.
Amount
$
From
To
$9,298
Adjusted for inflation, $488 in 1931 is equal to $9,298 in 2024.
Annual inflation over this period was 3.22%.
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 1931 dollars worth?
Year Equivalent
2024 $9,298
2023 $8,996
2022 $8,451
2021 $7,895
2020 $7,789
2019 $7,615
2018 $7,472
2017 $7,318
2016 $7,169
2015 $7,117
2014 $7,064
2013 $6,959
2012 $6,840
2011 $6,643
2010 $6,546
2009 $6,372
2008 $6,366
2007 $6,117
2006 $5,965
2005 $5,768
2004 $5,586
2003 $5,483
2002 $5,356
2001 $5,274
2000 $5,101
1999 $4,968
1998 $4,889
1997 $4,807
Year Equivalent
1996 $4,653
1995 $4,537
1994 $4,419
1993 $4,301
1992 $4,180
1991 $4,056
1990 $3,822
1989 $3,652
1988 $3,498
1987 $3,349
1986 $3,313
1985 $3,192
1984 $3,070
1983 $2,958
1982 $2,849
1981 $2,616
1980 $2,325
1979 $2,052
1978 $1,882
1977 $1,764
1976 $1,682
1975 $1,573
1974 $1,400
1973 $1,288
1972 $1,246
1971 $1,206
1970 $1,143
1969 $1,076
Year Equivalent
1968 $1,028
1967 $997
1966 $964
1965 $946
1964 $937
1963 $921
1962 $909
1961 $903
1960 $891
1959 $876
1958 $861
1957 $837
1956 $812
1955 $809
1954 $815
1953 $809
1952 $803
1951 $758
1950 $715
1949 $730
1948 $709
1947 $652
1946 $552
1945 $540
1944 $527
1943 $512
1942 $470
1941 $427
Year Equivalent
1940 $424
1939 $424
1938 $436
1937 $424
1936 $418
1935 $406
1934 $400
1933 $397
1932 $443
1931 $488
1930 $521
1929 $518
1928 $524
1927 $536
1926 $543
1925 $524
1924 $524
1923 $512
1922 $524
1921 $588
1920 $573
1919 $500
1918 $415
1917 $352
1916 $312
1915 $306
1914 $303