Calculate the Value of $940,000 in 1916

What is $940k in 1916 money adjusted for inflation? Convert $940,000 from 1916 dollars to 2024 dollars.
Amount
$
From
To
$27,994,295
Adjusted for inflation, $940,000 in 1916 is equal to $27,994,295 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 $940,000 in 1916 dollars worth?
Year Equivalent
2024 $27,994,295
2023 $27,086,328
2022 $25,444,066
2021 $23,771,414
2020 $23,451,996
2019 $22,928,060
2018 $22,498,307
2017 $22,033,600
2016 $21,585,777
2015 $21,429,445
2014 $21,268,550
2013 $20,953,878
2012 $20,595,309
2011 $20,002,744
2010 $19,707,967
2009 $19,185,856
2008 $19,168,334
2007 $18,416,699
2006 $17,960,388
2005 $17,367,184
2004 $16,819,612
2003 $16,509,320
2002 $16,126,019
2001 $15,879,612
2000 $15,359,417
1999 $14,957,864
1998 $14,720,583
1997 $14,474,175
Year Equivalent
1996 $14,008,738
1995 $13,661,942
1994 $13,306,019
1993 $12,950,097
1992 $12,585,049
1991 $12,210,874
1990 $11,508,155
1989 $10,997,087
1988 $10,531,650
1987 $10,084,466
1986 $9,974,951
1985 $9,609,903
1984 $9,244,854
1983 $8,907,184
1982 $8,578,641
1981 $7,875,922
1980 $6,999,806
1979 $6,178,447
1978 $5,667,379
1977 $5,311,456
1976 $5,065,049
1975 $4,736,505
1974 $4,216,311
1973 $3,878,641
1972 $3,750,874
1971 $3,632,233
1970 $3,440,583
1969 $3,239,806
Year Equivalent
1968 $3,093,786
1967 $3,002,524
1966 $2,902,136
1965 $2,847,379
1964 $2,820,000
1963 $2,774,369
1962 $2,737,864
1961 $2,719,612
1960 $2,683,107
1959 $2,637,476
1958 $2,591,845
1957 $2,518,835
1956 $2,445,825
1955 $2,436,699
1954 $2,454,951
1953 $2,436,699
1952 $2,418,447
1951 $2,281,553
1950 $2,153,786
1949 $2,199,417
1948 $2,135,534
1947 $1,962,136
1946 $1,660,971
1945 $1,624,466
1944 $1,587,961
1943 $1,542,330
1942 $1,414,563
1941 $1,286,796
Year Equivalent
1940 $1,277,670
1939 $1,277,670
1938 $1,314,175
1937 $1,277,670
1936 $1,259,417
1935 $1,222,913
1934 $1,204,660
1933 $1,195,534
1932 $1,332,427
1931 $1,469,320
1930 $1,569,709
1929 $1,560,583
1928 $1,578,835
1927 $1,615,340
1926 $1,633,592
1925 $1,578,835
1924 $1,578,835
1923 $1,542,330
1922 $1,578,835
1921 $1,770,485
1920 $1,724,854
1919 $1,505,825
1918 $1,250,291
1917 $1,058,641
1916 $940,000
1915 $921,748
1914 $912,621