Calculate the Value of $98,000 in 1931

What is $98k in 1931 worth in today's money?
Amount
$
From
To
$1,585,494
Adjusted for inflation, $98,000 in 1931 is equal to $1,585,494 in 2021.
Annual inflation over this period was 3.14%.
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 1931 dollars worth?
Year Equivalent
2021 $1,585,494
2020 $1,564,190
2019 $1,529,244
2018 $1,500,581
2017 $1,469,586
2016 $1,439,717
2015 $1,429,290
2014 $1,418,559
2013 $1,397,571
2012 $1,373,656
2011 $1,334,133
2010 $1,314,472
2009 $1,279,649
2008 $1,278,480
2007 $1,228,348
2006 $1,197,913
2005 $1,158,348
2004 $1,121,826
2003 $1,101,130
2002 $1,075,565
2001 $1,059,130
2000 $1,024,435
1999 $997,652
1998 $981,826
1997 $965,391
1996 $934,348
1995 $911,217
Year Equivalent
1994 $887,478
1993 $863,739
1992 $839,391
1991 $814,435
1990 $767,565
1989 $733,478
1988 $702,435
1987 $672,609
1986 $665,304
1985 $640,957
1984 $616,609
1983 $594,087
1982 $572,174
1981 $525,304
1980 $466,870
1979 $412,087
1978 $378,000
1977 $354,261
1976 $337,826
1975 $315,913
1974 $281,217
1973 $258,696
1972 $250,174
1971 $242,261
1970 $229,478
1969 $216,087
1968 $206,348
Year Equivalent
1967 $200,261
1966 $193,565
1965 $189,913
1964 $188,087
1963 $185,043
1962 $182,609
1961 $181,391
1960 $178,957
1959 $175,913
1958 $172,870
1957 $168,000
1956 $163,130
1955 $162,522
1954 $163,739
1953 $162,522
1952 $161,304
1951 $152,174
1950 $143,652
1949 $146,696
1948 $142,435
1947 $130,870
1946 $110,783
1945 $108,348
1944 $105,913
1943 $102,870
1942 $94,348
1941 $85,826
Year Equivalent
1940 $85,217
1939 $85,217
1938 $87,652
1937 $85,217
1936 $84,000
1935 $81,565
1934 $80,348
1933 $79,739
1932 $88,870
1931 $98,000
1930 $104,696
1929 $104,087
1928 $105,304
1927 $107,739
1926 $108,957
1925 $105,304
1924 $105,304
1923 $102,870
1922 $105,304
1921 $118,087
1920 $115,043
1919 $100,435
1918 $83,391
1917 $70,609
1916 $62,696
1915 $61,478
1914 $60,870