Calculate the Value of $242 in 1962

What is 242 dollars in 1962 money adjusted for inflation? Convert $242 from 1962 dollars to 2024 dollars.
Amount
$
From
To
$2,474
Adjusted for inflation, $242 in 1962 is equal to $2,474 in 2024.
Annual inflation over this period was 3.82%.
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 $242 in 1962 dollars worth?
Year Equivalent
2024 $2,474
2023 $2,394
2022 $2,249
2021 $2,101
2020 $2,073
2019 $2,027
2018 $1,989
2017 $1,948
2016 $1,908
2015 $1,894
2014 $1,880
2013 $1,852
2012 $1,820
2011 $1,768
2010 $1,742
2009 $1,696
2008 $1,694
2007 $1,628
2006 $1,588
2005 $1,535
2004 $1,487
2003 $1,459
2002 $1,425
2001 $1,404
2000 $1,358
1999 $1,322
1998 $1,301
1997 $1,279
Year Equivalent
1996 $1,238
1995 $1,208
1994 $1,176
1993 $1,145
1992 $1,112
1991 $1,079
1990 $1,017
1989 $972
1988 $931
1987 $891
1986 $882
1985 $849
1984 $817
1983 $787
1982 $758
1981 $696
1980 $619
1979 $546
1978 $501
1977 $469
1976 $448
1975 $419
1974 $373
1973 $343
1972 $332
1971 $321
1970 $304
1969 $286
Year Equivalent
1968 $273
1967 $265
1966 $257
1965 $252
1964 $249
1963 $245
1962 $242
1961 $240
1960 $237
1959 $233
1958 $229
1957 $223
1956 $216
1955 $215
1954 $217
1953 $215
1952 $214
1951 $202
1950 $190
1949 $194
1948 $189
1947 $173
1946 $147
1945 $144
1944 $140
1943 $136
1942 $125
1941 $114
Year Equivalent
1940 $113
1939 $113
1938 $116
1937 $113
1936 $111
1935 $108
1934 $106
1933 $106
1932 $118
1931 $130
1930 $139
1929 $138
1928 $140
1927 $143
1926 $144
1925 $140
1924 $140
1923 $136
1922 $140
1921 $156
1920 $152
1919 $133
1918 $111
1917 $94
1916 $83
1915 $81
1914 $81