Calculate the Value of $490,000 in 1923

What is $490k in 1923 worth in today's money?
Amount
$
From
To
$8,605,357
Adjusted for inflation, $490,000 in 1923 is equal to $8,605,357 in 2023.
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 $490,000 in 1923 dollars worth?
Year Equivalent
2023 $8,605,357
2022 $8,083,608
2021 $7,552,205
2020 $7,450,725
2019 $7,284,270
2018 $7,147,737
2017 $7,000,099
2016 $6,857,825
2015 $6,808,159
2014 $6,757,042
2013 $6,657,070
2012 $6,543,153
2011 $6,354,894
2010 $6,261,243
2009 $6,095,368
2008 $6,089,801
2007 $5,851,006
2006 $5,706,036
2005 $5,517,574
2004 $5,343,609
2003 $5,245,030
2002 $5,123,254
2001 $5,044,970
2000 $4,879,704
1999 $4,752,130
1998 $4,676,746
1997 $4,598,462
1996 $4,450,592
Year Equivalent
1995 $4,340,414
1994 $4,227,337
1993 $4,114,260
1992 $3,998,284
1991 $3,879,408
1990 $3,656,154
1989 $3,493,787
1988 $3,345,917
1987 $3,203,846
1986 $3,169,053
1985 $3,053,077
1984 $2,937,101
1983 $2,829,822
1982 $2,725,444
1981 $2,502,189
1980 $2,223,846
1979 $1,962,899
1978 $1,800,533
1977 $1,687,456
1976 $1,609,172
1975 $1,504,793
1974 $1,339,527
1973 $1,232,249
1972 $1,191,657
1971 $1,153,964
1970 $1,093,077
1969 $1,029,290
1968 $982,899
Year Equivalent
1967 $953,905
1966 $922,012
1965 $904,615
1964 $895,917
1963 $881,420
1962 $869,822
1961 $864,024
1960 $852,426
1959 $837,929
1958 $823,432
1957 $800,237
1956 $777,041
1955 $774,142
1954 $779,941
1953 $774,142
1952 $768,343
1951 $724,852
1950 $684,260
1949 $698,757
1948 $678,462
1947 $623,373
1946 $527,692
1945 $516,095
1944 $504,497
1943 $490,000
1942 $449,408
1941 $408,817
1940 $405,917
Year Equivalent
1939 $405,917
1938 $417,515
1937 $405,917
1936 $400,118
1935 $388,521
1934 $382,722
1933 $379,822
1932 $423,314
1931 $466,805
1930 $498,698
1929 $495,799
1928 $501,598
1927 $513,195
1926 $518,994
1925 $501,598
1924 $501,598
1923 $490,000
1922 $501,598
1921 $562,485
1920 $547,988
1919 $478,402
1918 $397,219
1917 $336,331
1916 $298,639
1915 $292,840
1914 $289,941