Calculate the Value of $970 in 1938

What is $970 in 1938 worth in today's money?
Amount
$
From
To
$19,993
Adjusted for inflation, $970 in 1938 is equal to $19,993 in 2023.
Annual inflation over this period was 3.62%.
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 1938 dollars worth?
Year Equivalent
2023 $19,993
2022 $18,780
2021 $17,546
2020 $17,310
2019 $16,923
2018 $16,606
2017 $16,263
2016 $15,933
2015 $15,817
2014 $15,698
2013 $15,466
2012 $15,202
2011 $14,764
2010 $14,547
2009 $14,161
2008 $14,148
2007 $13,593
2006 $13,257
2005 $12,819
2004 $12,415
2003 $12,186
2002 $11,903
2001 $11,721
2000 $11,337
1999 $11,040
1998 $10,865
1997 $10,683
1996 $10,340
Year Equivalent
1995 $10,084
1994 $9,821
1993 $9,559
1992 $9,289
1991 $9,013
1990 $8,494
1989 $8,117
1988 $7,773
1987 $7,443
1986 $7,363
1985 $7,093
1984 $6,824
1983 $6,574
1982 $6,332
1981 $5,813
1980 $5,167
1979 $4,560
1978 $4,183
1977 $3,920
1976 $3,739
1975 $3,496
1974 $3,112
1973 $2,863
1972 $2,769
1971 $2,681
1970 $2,540
1969 $2,391
1968 $2,284
Year Equivalent
1967 $2,216
1966 $2,142
1965 $2,102
1964 $2,081
1963 $2,048
1962 $2,021
1961 $2,007
1960 $1,980
1959 $1,947
1958 $1,913
1957 $1,859
1956 $1,805
1955 $1,799
1954 $1,812
1953 $1,799
1952 $1,785
1951 $1,684
1950 $1,590
1949 $1,623
1948 $1,576
1947 $1,448
1946 $1,226
1945 $1,199
1944 $1,172
1943 $1,138
1942 $1,044
1941 $950
1940 $943
Year Equivalent
1939 $943
1938 $970
1937 $943
1936 $930
1935 $903
1934 $889
1933 $882
1932 $983
1931 $1,085
1930 $1,159
1929 $1,152
1928 $1,165
1927 $1,192
1926 $1,206
1925 $1,165
1924 $1,165
1923 $1,138
1922 $1,165
1921 $1,307
1920 $1,273
1919 $1,111
1918 $923
1917 $781
1916 $694
1915 $680
1914 $674