Calculate the Value of $245 in 1916

What is $245 in 1916 worth in today's money?
Amount
$
From
To
$6,196
Adjusted for inflation, $245 in 1916 is equal to $6,196 in 2021.
Annual inflation over this period was 3.12%.
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 $245 in 1916 dollars worth?
Year Equivalent
2021 $6,196
2020 $6,112
2019 $5,976
2018 $5,864
2017 $5,743
2016 $5,626
2015 $5,585
2014 $5,543
2013 $5,461
2012 $5,368
2011 $5,213
2010 $5,137
2009 $5,001
2008 $4,996
2007 $4,800
2006 $4,681
2005 $4,527
2004 $4,384
2003 $4,303
2002 $4,203
2001 $4,139
2000 $4,003
1999 $3,899
1998 $3,837
1997 $3,773
1996 $3,651
1995 $3,561
Year Equivalent
1994 $3,468
1993 $3,375
1992 $3,280
1991 $3,183
1990 $2,999
1989 $2,866
1988 $2,745
1987 $2,628
1986 $2,600
1985 $2,505
1984 $2,410
1983 $2,322
1982 $2,236
1981 $2,053
1980 $1,824
1979 $1,610
1978 $1,477
1977 $1,384
1976 $1,320
1975 $1,235
1974 $1,099
1973 $1,011
1972 $978
1971 $947
1970 $897
1969 $844
1968 $806
Year Equivalent
1967 $783
1966 $756
1965 $742
1964 $735
1963 $723
1962 $714
1961 $709
1960 $699
1959 $687
1958 $676
1957 $657
1956 $637
1955 $635
1954 $640
1953 $635
1952 $630
1951 $595
1950 $561
1949 $573
1948 $557
1947 $511
1946 $433
1945 $423
1944 $414
1943 $402
1942 $369
1941 $335
Year Equivalent
1940 $333
1939 $333
1938 $343
1937 $333
1936 $328
1935 $319
1934 $314
1933 $312
1932 $347
1931 $383
1930 $409
1929 $407
1928 $412
1927 $421
1926 $426
1925 $412
1924 $412
1923 $402
1922 $412
1921 $461
1920 $450
1919 $392
1918 $326
1917 $276
1916 $245
1915 $240
1914 $238