Calculate the Value of $245 in 1938

What is $245 in 1938 worth in today's money?
Amount
$
From
To
$4,432
Adjusted for inflation, $245 in 1938 is equal to $4,432 in 2021.
Annual inflation over this period was 3.55%.
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 1938 dollars worth?
Year Equivalent
2021 $4,432
2020 $4,372
2019 $4,274
2018 $4,194
2017 $4,108
2016 $4,024
2015 $3,995
2014 $3,965
2013 $3,906
2012 $3,840
2011 $3,729
2010 $3,674
2009 $3,577
2008 $3,574
2007 $3,433
2006 $3,348
2005 $3,238
2004 $3,136
2003 $3,078
2002 $3,006
2001 $2,960
2000 $2,863
1999 $2,789
1998 $2,744
1997 $2,698
1996 $2,612
1995 $2,547
Year Equivalent
1994 $2,481
1993 $2,414
1992 $2,346
1991 $2,276
1990 $2,145
1989 $2,050
1988 $1,963
1987 $1,880
1986 $1,860
1985 $1,792
1984 $1,724
1983 $1,661
1982 $1,599
1981 $1,468
1980 $1,305
1979 $1,152
1978 $1,057
1977 $990
1976 $944
1975 $883
1974 $786
1973 $723
1972 $699
1971 $677
1970 $641
1969 $604
1968 $577
Year Equivalent
1967 $560
1966 $541
1965 $531
1964 $526
1963 $517
1962 $510
1961 $507
1960 $500
1959 $492
1958 $483
1957 $470
1956 $456
1955 $454
1954 $458
1953 $454
1952 $451
1951 $425
1950 $402
1949 $410
1948 $398
1947 $366
1946 $310
1945 $303
1944 $296
1943 $288
1942 $264
1941 $240
Year Equivalent
1940 $238
1939 $238
1938 $245
1937 $238
1936 $235
1935 $228
1934 $225
1933 $223
1932 $248
1931 $274
1930 $293
1929 $291
1928 $294
1927 $301
1926 $305
1925 $294
1924 $294
1923 $288
1922 $294
1921 $330
1920 $322
1919 $281
1918 $233
1917 $197
1916 $175
1915 $172
1914 $170