Calculate the Value of $500 in 1916

What is 500 dollars in 1916 money adjusted for inflation? Convert $500 from 1916 dollars to 2024 dollars.
Amount
$
From
To
$14,891
Adjusted for inflation, $500 in 1916 is equal to $14,891 in 2024.
Annual inflation over this period was 3.19%.
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 $500 in 1916 dollars worth?
Year Equivalent
2024 $14,891
2023 $14,408
2022 $13,534
2021 $12,644
2020 $12,474
2019 $12,196
2018 $11,967
2017 $11,720
2016 $11,482
2015 $11,399
2014 $11,313
2013 $11,146
2012 $10,955
2011 $10,640
2010 $10,483
2009 $10,205
2008 $10,196
2007 $9,796
2006 $9,553
2005 $9,238
2004 $8,947
2003 $8,782
2002 $8,578
2001 $8,447
2000 $8,170
1999 $7,956
1998 $7,830
1997 $7,699
Year Equivalent
1996 $7,451
1995 $7,267
1994 $7,078
1993 $6,888
1992 $6,694
1991 $6,495
1990 $6,121
1989 $5,850
1988 $5,602
1987 $5,364
1986 $5,306
1985 $5,112
1984 $4,917
1983 $4,738
1982 $4,563
1981 $4,189
1980 $3,723
1979 $3,286
1978 $3,015
1977 $2,825
1976 $2,694
1975 $2,519
1974 $2,243
1973 $2,063
1972 $1,995
1971 $1,932
1970 $1,830
1969 $1,723
Year Equivalent
1968 $1,646
1967 $1,597
1966 $1,544
1965 $1,515
1964 $1,500
1963 $1,476
1962 $1,456
1961 $1,447
1960 $1,427
1959 $1,403
1958 $1,379
1957 $1,340
1956 $1,301
1955 $1,296
1954 $1,306
1953 $1,296
1952 $1,286
1951 $1,214
1950 $1,146
1949 $1,170
1948 $1,136
1947 $1,044
1946 $883
1945 $864
1944 $845
1943 $820
1942 $752
1941 $684
Year Equivalent
1940 $680
1939 $680
1938 $699
1937 $680
1936 $670
1935 $650
1934 $641
1933 $636
1932 $709
1931 $782
1930 $835
1929 $830
1928 $840
1927 $859
1926 $869
1925 $840
1924 $840
1923 $820
1922 $840
1921 $942
1920 $917
1919 $801
1918 $665
1917 $563
1916 $500
1915 $490
1914 $485