Calculate the Value of $245 in 1920

What is $245 in 1920 worth in today's money?
Amount
$
From
To
$3,377
Adjusted for inflation, $245 in 1920 is equal to $3,377 in 2021.
Annual inflation over this period was 2.63%.
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 1920 dollars worth?
Year Equivalent
2021 $3,377
2020 $3,331
2019 $3,257
2018 $3,196
2017 $3,130
2016 $3,066
2015 $3,044
2014 $3,021
2013 $2,976
2012 $2,925
2011 $2,841
2010 $2,799
2009 $2,725
2008 $2,723
2007 $2,616
2006 $2,551
2005 $2,467
2004 $2,389
2003 $2,345
2002 $2,291
2001 $2,256
2000 $2,182
1999 $2,125
1998 $2,091
1997 $2,056
1996 $1,990
1995 $1,941
Year Equivalent
1994 $1,890
1993 $1,839
1992 $1,788
1991 $1,734
1990 $1,635
1989 $1,562
1988 $1,496
1987 $1,432
1986 $1,417
1985 $1,365
1984 $1,313
1983 $1,265
1982 $1,219
1981 $1,119
1980 $994
1979 $878
1978 $805
1977 $754
1976 $719
1975 $673
1974 $599
1973 $551
1972 $533
1971 $516
1970 $489
1969 $460
1968 $439
Year Equivalent
1967 $426
1966 $412
1965 $404
1964 $401
1963 $394
1962 $389
1961 $386
1960 $381
1959 $375
1958 $368
1957 $358
1956 $347
1955 $346
1954 $349
1953 $346
1952 $344
1951 $324
1950 $306
1949 $312
1948 $303
1947 $279
1946 $236
1945 $231
1944 $226
1943 $219
1942 $201
1941 $183
Year Equivalent
1940 $181
1939 $181
1938 $187
1937 $181
1936 $179
1935 $174
1934 $171
1933 $170
1932 $189
1931 $209
1930 $223
1929 $222
1928 $224
1927 $229
1926 $232
1925 $224
1924 $224
1923 $219
1922 $224
1921 $251
1920 $245
1919 $214
1918 $178
1917 $150
1916 $134
1915 $131
1914 $130