Calculate the Value of $98,000 in 1923

What is $98k in 1923 money adjusted for inflation? Convert $98,000 from 1923 dollars to 2024 dollars.
Amount
$
From
To
$1,778,764
Adjusted for inflation, $98,000 in 1923 is equal to $1,778,764 in 2024.
Annual inflation over this period was 2.91%.
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 $98,000 in 1923 dollars worth?
Year Equivalent
2024 $1,778,764
2023 $1,721,071
2022 $1,616,722
2021 $1,510,441
2020 $1,490,145
2019 $1,456,854
2018 $1,429,547
2017 $1,400,020
2016 $1,371,565
2015 $1,361,632
2014 $1,351,408
2013 $1,331,414
2012 $1,308,631
2011 $1,270,979
2010 $1,252,249
2009 $1,219,074
2008 $1,217,960
2007 $1,170,201
2006 $1,141,207
2005 $1,103,515
2004 $1,068,722
2003 $1,049,006
2002 $1,024,651
2001 $1,008,994
2000 $975,941
1999 $950,426
1998 $935,349
1997 $919,692
Year Equivalent
1996 $890,118
1995 $868,083
1994 $845,467
1993 $822,852
1992 $799,657
1991 $775,882
1990 $731,231
1989 $698,757
1988 $669,183
1987 $640,769
1986 $633,811
1985 $610,615
1984 $587,420
1983 $565,964
1982 $545,089
1981 $500,438
1980 $444,769
1979 $392,580
1978 $360,107
1977 $337,491
1976 $321,834
1975 $300,959
1974 $267,905
1973 $246,450
1972 $238,331
1971 $230,793
1970 $218,615
1969 $205,858
Year Equivalent
1968 $196,580
1967 $190,781
1966 $184,402
1965 $180,923
1964 $179,183
1963 $176,284
1962 $173,964
1961 $172,805
1960 $170,485
1959 $167,586
1958 $164,686
1957 $160,047
1956 $155,408
1955 $154,828
1954 $155,988
1953 $154,828
1952 $153,669
1951 $144,970
1950 $136,852
1949 $139,751
1948 $135,692
1947 $124,675
1946 $105,538
1945 $103,219
1944 $100,899
1943 $98,000
1942 $89,882
1941 $81,763
Year Equivalent
1940 $81,183
1939 $81,183
1938 $83,503
1937 $81,183
1936 $80,024
1935 $77,704
1934 $76,544
1933 $75,964
1932 $84,663
1931 $93,361
1930 $99,740
1929 $99,160
1928 $100,320
1927 $102,639
1926 $103,799
1925 $100,320
1924 $100,320
1923 $98,000
1922 $100,320
1921 $112,497
1920 $109,598
1919 $95,680
1918 $79,444
1917 $67,266
1916 $59,728
1915 $58,568
1914 $57,988