Calculate the Value of $493 in 1923

What is 493 dollars in 1923 money adjusted for inflation? Convert $493 from 1923 dollars to 2024 dollars.
Amount
$
From
To
$8,948
Adjusted for inflation, $493 in 1923 is equal to $8,948 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 $493 in 1923 dollars worth?
Year Equivalent
2024 $8,948
2023 $8,658
2022 $8,133
2021 $7,598
2020 $7,496
2019 $7,329
2018 $7,191
2017 $7,043
2016 $6,900
2015 $6,850
2014 $6,798
2013 $6,698
2012 $6,583
2011 $6,394
2010 $6,300
2009 $6,133
2008 $6,127
2007 $5,887
2006 $5,741
2005 $5,551
2004 $5,376
2003 $5,277
2002 $5,155
2001 $5,076
2000 $4,910
1999 $4,781
1998 $4,705
1997 $4,627
Year Equivalent
1996 $4,478
1995 $4,367
1994 $4,253
1993 $4,139
1992 $4,023
1991 $3,903
1990 $3,679
1989 $3,515
1988 $3,366
1987 $3,223
1986 $3,188
1985 $3,072
1984 $2,955
1983 $2,847
1982 $2,742
1981 $2,518
1980 $2,237
1979 $1,975
1978 $1,812
1977 $1,698
1976 $1,619
1975 $1,514
1974 $1,348
1973 $1,240
1972 $1,199
1971 $1,161
1970 $1,100
1969 $1,036
Year Equivalent
1968 $989
1967 $960
1966 $928
1965 $910
1964 $901
1963 $887
1962 $875
1961 $869
1960 $858
1959 $843
1958 $828
1957 $805
1956 $782
1955 $779
1954 $785
1953 $779
1952 $773
1951 $729
1950 $688
1949 $703
1948 $683
1947 $627
1946 $531
1945 $519
1944 $508
1943 $493
1942 $452
1941 $411
Year Equivalent
1940 $408
1939 $408
1938 $420
1937 $408
1936 $403
1935 $391
1934 $385
1933 $382
1932 $426
1931 $470
1930 $502
1929 $499
1928 $505
1927 $516
1926 $522
1925 $505
1924 $505
1923 $493
1922 $505
1921 $566
1920 $551
1919 $481
1918 $400
1917 $338
1916 $300
1915 $295
1914 $292