Calculate the Value of $970,000 in 1938

What is $970k in 1938 worth in today's money?
Amount
$
From
To
$19,992,576
Adjusted for inflation, $970,000 in 1938 is equal to $19,992,576 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 $970,000 in 1938 dollars worth?
Year Equivalent
2023 $19,992,576
2022 $18,780,413
2021 $17,545,818
2020 $17,310,054
2019 $16,923,334
2018 $16,606,131
2017 $16,263,128
2016 $15,932,587
2015 $15,817,197
2014 $15,698,440
2013 $15,466,178
2012 $15,201,517
2011 $14,764,141
2010 $14,546,565
2009 $14,161,192
2008 $14,148,258
2007 $13,593,472
2006 $13,256,667
2005 $12,818,819
2004 $12,414,653
2003 $12,185,625
2002 $11,902,708
2001 $11,720,833
2000 $11,336,875
1999 $11,040,486
1998 $10,865,347
1997 $10,683,472
1996 $10,339,931
Year Equivalent
1995 $10,083,958
1994 $9,821,250
1993 $9,558,542
1992 $9,289,097
1991 $9,012,917
1990 $8,494,236
1989 $8,117,014
1988 $7,773,472
1987 $7,443,403
1986 $7,362,569
1985 $7,093,125
1984 $6,823,681
1983 $6,574,444
1982 $6,331,944
1981 $5,813,264
1980 $5,166,597
1979 $4,560,347
1978 $4,183,125
1977 $3,920,417
1976 $3,738,542
1975 $3,496,042
1974 $3,112,083
1973 $2,862,847
1972 $2,768,542
1971 $2,680,972
1970 $2,539,514
1969 $2,391,319
1968 $2,283,542
Year Equivalent
1967 $2,216,181
1966 $2,142,083
1965 $2,101,667
1964 $2,081,458
1963 $2,047,778
1962 $2,020,833
1961 $2,007,361
1960 $1,980,417
1959 $1,946,736
1958 $1,913,056
1957 $1,859,167
1956 $1,805,278
1955 $1,798,542
1954 $1,812,014
1953 $1,798,542
1952 $1,785,069
1951 $1,684,028
1950 $1,589,722
1949 $1,623,403
1948 $1,576,250
1947 $1,448,264
1946 $1,225,972
1945 $1,199,028
1944 $1,172,083
1943 $1,138,403
1942 $1,044,097
1941 $949,792
1940 $943,056
Year Equivalent
1939 $943,056
1938 $970,000
1937 $943,056
1936 $929,583
1935 $902,639
1934 $889,167
1933 $882,431
1932 $983,472
1931 $1,084,514
1930 $1,158,611
1929 $1,151,875
1928 $1,165,347
1927 $1,192,292
1926 $1,205,764
1925 $1,165,347
1924 $1,165,347
1923 $1,138,403
1922 $1,165,347
1921 $1,306,806
1920 $1,273,125
1919 $1,111,458
1918 $922,847
1917 $781,389
1916 $693,819
1915 $680,347
1914 $673,611