Calculate the Value of $980 in 1916

What is $980 in 1916 worth in today's money?
Amount
$
From
To
$26,527
Adjusted for inflation, $980 in 1916 is equal to $26,527 in 2022.
Annual inflation over this period was 3.16%.
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 $980 in 1916 dollars worth?
Year Equivalent
2022 $26,527
2021 $24,783
2020 $24,450
2019 $23,904
2018 $23,456
2017 $22,971
2016 $22,504
2015 $22,341
2014 $22,174
2013 $21,846
2012 $21,472
2011 $20,854
2010 $20,547
2009 $20,002
2008 $19,984
2007 $19,200
2006 $18,725
2005 $18,106
2004 $17,535
2003 $17,212
2002 $16,812
2001 $16,555
2000 $16,013
1999 $15,594
1998 $15,347
1997 $15,090
1996 $14,605
1995 $14,243
Year Equivalent
1994 $13,872
1993 $13,501
1992 $13,121
1991 $12,730
1990 $11,998
1989 $11,465
1988 $10,980
1987 $10,514
1986 $10,399
1985 $10,019
1984 $9,638
1983 $9,286
1982 $8,944
1981 $8,211
1980 $7,298
1979 $6,441
1978 $5,909
1977 $5,537
1976 $5,281
1975 $4,938
1974 $4,396
1973 $4,044
1972 $3,910
1971 $3,787
1970 $3,587
1969 $3,378
1968 $3,225
1967 $3,130
Year Equivalent
1966 $3,026
1965 $2,969
1964 $2,940
1963 $2,892
1962 $2,854
1961 $2,835
1960 $2,797
1959 $2,750
1958 $2,702
1957 $2,626
1956 $2,550
1955 $2,540
1954 $2,559
1953 $2,540
1952 $2,521
1951 $2,379
1950 $2,245
1949 $2,293
1948 $2,226
1947 $2,046
1946 $1,732
1945 $1,694
1944 $1,656
1943 $1,608
1942 $1,475
1941 $1,342
1940 $1,332
1939 $1,332
Year Equivalent
1938 $1,370
1937 $1,332
1936 $1,313
1935 $1,275
1934 $1,256
1933 $1,246
1932 $1,389
1931 $1,532
1930 $1,637
1929 $1,627
1928 $1,646
1927 $1,684
1926 $1,703
1925 $1,646
1924 $1,646
1923 $1,608
1922 $1,646
1921 $1,846
1920 $1,798
1919 $1,570
1918 $1,303
1917 $1,104
1916 $980
1915 $961
1914 $951