Calculate the Value of $950 in 1940

What is 950 dollars in 1940 money adjusted for inflation? Convert $950 from 1940 dollars to 2024 dollars.
Amount
$
From
To
$20,815
Adjusted for inflation, $950 in 1940 is equal to $20,815 in 2024.
Annual inflation over this period was 3.74%.
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 $950 in 1940 dollars worth?
Year Equivalent
2024 $20,815
2023 $20,140
2022 $18,919
2021 $17,675
2020 $17,438
2019 $17,048
2018 $16,728
2017 $16,383
2016 $16,050
2015 $15,934
2014 $15,814
2013 $15,580
2012 $15,313
2011 $14,873
2010 $14,654
2009 $14,265
2008 $14,252
2007 $13,694
2006 $13,354
2005 $12,913
2004 $12,506
2003 $12,275
2002 $11,990
2001 $11,807
2000 $11,420
1999 $11,122
1998 $10,945
1997 $10,762
Year Equivalent
1996 $10,416
1995 $10,158
1994 $9,894
1993 $9,629
1992 $9,358
1991 $9,079
1990 $8,557
1989 $8,177
1988 $7,831
1987 $7,498
1986 $7,417
1985 $7,145
1984 $6,874
1983 $6,623
1982 $6,379
1981 $5,856
1980 $5,205
1979 $4,594
1978 $4,214
1977 $3,949
1976 $3,766
1975 $3,522
1974 $3,135
1973 $2,884
1972 $2,789
1971 $2,701
1970 $2,558
1969 $2,409
Year Equivalent
1968 $2,300
1967 $2,233
1966 $2,158
1965 $2,117
1964 $2,097
1963 $2,063
1962 $2,036
1961 $2,022
1960 $1,995
1959 $1,961
1958 $1,927
1957 $1,873
1956 $1,819
1955 $1,812
1954 $1,825
1953 $1,812
1952 $1,798
1951 $1,696
1950 $1,601
1949 $1,635
1948 $1,588
1947 $1,459
1946 $1,235
1945 $1,208
1944 $1,181
1943 $1,147
1942 $1,052
1941 $957
Year Equivalent
1940 $950
1939 $950
1938 $977
1937 $950
1936 $936
1935 $909
1934 $896
1933 $889
1932 $991
1931 $1,093
1930 $1,167
1929 $1,160
1928 $1,174
1927 $1,201
1926 $1,215
1925 $1,174
1924 $1,174
1923 $1,147
1922 $1,174
1921 $1,316
1920 $1,283
1919 $1,120
1918 $930
1917 $787
1916 $699
1915 $685
1914 $679