Calculate the Value of $8,700 in 1940

What is $8.7k in 1940 worth in today's money?
Amount
$
From
To
$184,438
Adjusted for inflation, $8,700 in 1940 is equal to $184,438 in 2023.
Annual inflation over this period was 3.75%.
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 $8,700 in 1940 dollars worth?
Year Equivalent
2023 $184,438
2022 $173,256
2021 $161,866
2020 $159,691
2019 $156,123
2018 $153,197
2017 $150,033
2016 $146,983
2015 $145,919
2014 $144,823
2013 $142,681
2012 $140,239
2011 $136,204
2010 $134,197
2009 $130,642
2008 $130,522
2007 $125,404
2006 $122,297
2005 $118,258
2004 $114,529
2003 $112,416
2002 $109,806
2001 $108,129
2000 $104,586
1999 $101,852
1998 $100,236
1997 $98,559
1996 $95,389
Year Equivalent
1995 $93,028
1994 $90,604
1993 $88,181
1992 $85,695
1991 $83,147
1990 $78,362
1989 $74,882
1988 $71,713
1987 $68,668
1986 $67,922
1985 $65,436
1984 $62,951
1983 $60,651
1982 $58,414
1981 $53,629
1980 $47,664
1979 $42,071
1978 $38,591
1977 $36,167
1976 $34,489
1975 $32,252
1974 $28,710
1973 $26,411
1972 $25,541
1971 $24,733
1970 $23,428
1969 $22,061
1968 $21,066
Year Equivalent
1967 $20,445
1966 $19,761
1965 $19,389
1964 $19,202
1963 $18,891
1962 $18,643
1961 $18,519
1960 $18,270
1959 $17,959
1958 $17,649
1957 $17,151
1956 $16,654
1955 $16,592
1954 $16,716
1953 $16,592
1952 $16,468
1951 $15,536
1950 $14,666
1949 $14,976
1948 $14,541
1947 $13,361
1946 $11,310
1945 $11,061
1944 $10,813
1943 $10,502
1942 $9,632
1941 $8,762
1940 $8,700
Year Equivalent
1939 $8,700
1938 $8,949
1937 $8,700
1936 $8,576
1935 $8,327
1934 $8,203
1933 $8,141
1932 $9,073
1931 $10,005
1930 $10,689
1929 $10,626
1928 $10,751
1927 $10,999
1926 $11,124
1925 $10,751
1924 $10,751
1923 $10,502
1922 $10,751
1921 $12,056
1920 $11,745
1919 $10,254
1918 $8,514
1917 $7,209
1916 $6,401
1915 $6,276
1914 $6,214