Calculate the Value of $970 in 1931

What is $970 in 1931 worth in today's money?
Amount
$
From
To
$17,882
Adjusted for inflation, $970 in 1931 is equal to $17,882 in 2023.
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 $970 in 1931 dollars worth?
Year Equivalent
2023 $17,882
2022 $16,797
2021 $15,693
2020 $15,482
2019 $15,136
2018 $14,853
2017 $14,546
2016 $14,250
2015 $14,147
2014 $14,041
2013 $13,833
2012 $13,596
2011 $13,205
2010 $13,011
2009 $12,666
2008 $12,654
2007 $12,158
2006 $11,857
2005 $11,465
2004 $11,104
2003 $10,899
2002 $10,646
2001 $10,483
2000 $10,140
1999 $9,875
1998 $9,718
1997 $9,555
1996 $9,248
Year Equivalent
1995 $9,019
1994 $8,784
1993 $8,549
1992 $8,308
1991 $8,061
1990 $7,597
1989 $7,260
1988 $6,953
1987 $6,657
1986 $6,585
1985 $6,344
1984 $6,103
1983 $5,880
1982 $5,663
1981 $5,199
1980 $4,621
1979 $4,079
1978 $3,741
1977 $3,506
1976 $3,344
1975 $3,127
1974 $2,783
1973 $2,561
1972 $2,476
1971 $2,398
1970 $2,271
1969 $2,139
1968 $2,042
Year Equivalent
1967 $1,982
1966 $1,916
1965 $1,880
1964 $1,862
1963 $1,832
1962 $1,807
1961 $1,795
1960 $1,771
1959 $1,741
1958 $1,711
1957 $1,663
1956 $1,615
1955 $1,609
1954 $1,621
1953 $1,609
1952 $1,597
1951 $1,506
1950 $1,422
1949 $1,452
1948 $1,410
1947 $1,295
1946 $1,097
1945 $1,072
1944 $1,048
1943 $1,018
1942 $934
1941 $850
1940 $843
Year Equivalent
1939 $843
1938 $868
1937 $843
1936 $831
1935 $807
1934 $795
1933 $789
1932 $880
1931 $970
1930 $1,036
1929 $1,030
1928 $1,042
1927 $1,066
1926 $1,078
1925 $1,042
1924 $1,042
1923 $1,018
1922 $1,042
1921 $1,169
1920 $1,139
1919 $994
1918 $825
1917 $699
1916 $621
1915 $609
1914 $602