Calculate the Value of $940 in 1916

What is 940 dollars in 1916 money adjusted for inflation? Convert $940 from 1916 dollars to 2024 dollars.
Amount
$
From
To
$27,994
Adjusted for inflation, $940 in 1916 is equal to $27,994 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 $940 in 1916 dollars worth?
Year Equivalent
2024 $27,994
2023 $27,086
2022 $25,444
2021 $23,771
2020 $23,452
2019 $22,928
2018 $22,498
2017 $22,034
2016 $21,586
2015 $21,429
2014 $21,269
2013 $20,954
2012 $20,595
2011 $20,003
2010 $19,708
2009 $19,186
2008 $19,168
2007 $18,417
2006 $17,960
2005 $17,367
2004 $16,820
2003 $16,509
2002 $16,126
2001 $15,880
2000 $15,359
1999 $14,958
1998 $14,721
1997 $14,474
Year Equivalent
1996 $14,009
1995 $13,662
1994 $13,306
1993 $12,950
1992 $12,585
1991 $12,211
1990 $11,508
1989 $10,997
1988 $10,532
1987 $10,084
1986 $9,975
1985 $9,610
1984 $9,245
1983 $8,907
1982 $8,579
1981 $7,876
1980 $7,000
1979 $6,178
1978 $5,667
1977 $5,311
1976 $5,065
1975 $4,737
1974 $4,216
1973 $3,879
1972 $3,751
1971 $3,632
1970 $3,441
1969 $3,240
Year Equivalent
1968 $3,094
1967 $3,003
1966 $2,902
1965 $2,847
1964 $2,820
1963 $2,774
1962 $2,738
1961 $2,720
1960 $2,683
1959 $2,637
1958 $2,592
1957 $2,519
1956 $2,446
1955 $2,437
1954 $2,455
1953 $2,437
1952 $2,418
1951 $2,282
1950 $2,154
1949 $2,199
1948 $2,136
1947 $1,962
1946 $1,661
1945 $1,624
1944 $1,588
1943 $1,542
1942 $1,415
1941 $1,287
Year Equivalent
1940 $1,278
1939 $1,278
1938 $1,314
1937 $1,278
1936 $1,259
1935 $1,223
1934 $1,205
1933 $1,196
1932 $1,332
1931 $1,469
1930 $1,570
1929 $1,561
1928 $1,579
1927 $1,615
1926 $1,634
1925 $1,579
1924 $1,579
1923 $1,542
1922 $1,579
1921 $1,770
1920 $1,725
1919 $1,506
1918 $1,250
1917 $1,059
1916 $940
1915 $922
1914 $913