Calculate the Value of $498 in 1924

What is $498 in 1924 worth in today's money?
Amount
$
From
To
$7,498
Adjusted for inflation, $498 in 1924 is equal to $7,498 in 2021.
Annual inflation over this period was 2.84%.
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 $498 in 1924 dollars worth?
Year Equivalent
2021 $7,498
2020 $7,397
2019 $7,232
2018 $7,096
2017 $6,950
2016 $6,809
2015 $6,759
2014 $6,709
2013 $6,609
2012 $6,496
2011 $6,309
2010 $6,216
2009 $6,052
2008 $6,046
2007 $5,809
2006 $5,665
2005 $5,478
2004 $5,305
2003 $5,207
2002 $5,087
2001 $5,009
2000 $4,845
1999 $4,718
1998 $4,643
1997 $4,565
1996 $4,419
1995 $4,309
Year Equivalent
1994 $4,197
1993 $4,085
1992 $3,970
1991 $3,852
1990 $3,630
1989 $3,469
1988 $3,322
1987 $3,181
1986 $3,146
1985 $3,031
1984 $2,916
1983 $2,810
1982 $2,706
1981 $2,484
1980 $2,208
1979 $1,949
1978 $1,788
1977 $1,675
1976 $1,598
1975 $1,494
1974 $1,330
1973 $1,223
1972 $1,183
1971 $1,146
1970 $1,085
1969 $1,022
1968 $976
Year Equivalent
1967 $947
1966 $915
1965 $898
1964 $889
1963 $875
1962 $864
1961 $858
1960 $846
1959 $832
1958 $818
1957 $794
1956 $771
1955 $769
1954 $774
1953 $769
1952 $763
1951 $720
1950 $679
1949 $694
1948 $674
1947 $619
1946 $524
1945 $512
1944 $501
1943 $486
1942 $446
1941 $406
Year Equivalent
1940 $403
1939 $403
1938 $415
1937 $403
1936 $397
1935 $386
1934 $380
1933 $377
1932 $420
1931 $463
1930 $495
1929 $492
1928 $498
1927 $510
1926 $515
1925 $498
1924 $498
1923 $486
1922 $498
1921 $558
1920 $544
1919 $475
1918 $394
1917 $334
1916 $296
1915 $291
1914 $288