Calculate the Value of $8,500 in 1931

What is $8.5k in 1931 money adjusted for inflation? Convert $8,500 from 1931 dollars to 2024 dollars.
Amount
$
From
To
$161,947
Adjusted for inflation, $8,500 in 1931 is equal to $161,947 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 $8,500 in 1931 dollars worth?
Year Equivalent
2024 $161,947
2023 $156,694
2022 $147,194
2021 $137,517
2020 $135,670
2019 $132,639
2018 $130,152
2017 $127,464
2016 $124,873
2015 $123,969
2014 $123,038
2013 $121,218
2012 $119,144
2011 $115,716
2010 $114,010
2009 $110,990
2008 $110,889
2007 $106,540
2006 $103,901
2005 $100,469
2004 $97,301
2003 $95,506
2002 $93,289
2001 $91,863
2000 $88,854
1999 $86,531
1998 $85,158
1997 $83,733
Year Equivalent
1996 $81,040
1995 $79,034
1994 $76,975
1993 $74,916
1992 $72,804
1991 $70,640
1990 $66,575
1989 $63,618
1988 $60,925
1987 $58,339
1986 $57,705
1985 $55,593
1984 $53,481
1983 $51,528
1982 $49,627
1981 $45,562
1980 $40,494
1979 $35,742
1978 $32,786
1977 $30,727
1976 $29,301
1975 $27,401
1974 $24,391
1973 $22,438
1972 $21,699
1971 $21,012
1970 $19,904
1969 $18,742
Year Equivalent
1968 $17,898
1967 $17,370
1966 $16,789
1965 $16,472
1964 $16,314
1963 $16,050
1962 $15,839
1961 $15,733
1960 $15,522
1959 $15,258
1958 $14,994
1957 $14,571
1956 $14,149
1955 $14,096
1954 $14,202
1953 $14,096
1952 $13,991
1951 $13,199
1950 $12,460
1949 $12,724
1948 $12,354
1947 $11,351
1946 $9,609
1945 $9,398
1944 $9,186
1943 $8,922
1942 $8,183
1941 $7,444
Year Equivalent
1940 $7,391
1939 $7,391
1938 $7,602
1937 $7,391
1936 $7,286
1935 $7,075
1934 $6,969
1933 $6,916
1932 $7,708
1931 $8,500
1930 $9,081
1929 $9,028
1928 $9,134
1927 $9,345
1926 $9,450
1925 $9,134
1924 $9,134
1923 $8,922
1922 $9,134
1921 $10,242
1920 $9,978
1919 $8,711
1918 $7,233
1917 $6,124
1916 $5,438
1915 $5,332
1914 $5,280