Calculate the Value of $245 in 1947

What is $245 in 1947 worth in today's money?
Amount
$
From
To
$2,968
Adjusted for inflation, $245 in 1947 is equal to $2,968 in 2021.
Annual inflation over this period was 3.43%.
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 1947 dollars worth?
Year Equivalent
2021 $2,968
2020 $2,928
2019 $2,863
2018 $2,809
2017 $2,751
2016 $2,695
2015 $2,676
2014 $2,656
2013 $2,616
2012 $2,572
2011 $2,498
2010 $2,461
2009 $2,396
2008 $2,393
2007 $2,300
2006 $2,243
2005 $2,169
2004 $2,100
2003 $2,061
2002 $2,014
2001 $1,983
2000 $1,918
1999 $1,868
1998 $1,838
1997 $1,807
1996 $1,749
1995 $1,706
Year Equivalent
1994 $1,661
1993 $1,617
1992 $1,571
1991 $1,525
1990 $1,437
1989 $1,373
1988 $1,315
1987 $1,259
1986 $1,246
1985 $1,200
1984 $1,154
1983 $1,112
1982 $1,071
1981 $983
1980 $874
1979 $771
1978 $708
1977 $663
1976 $632
1975 $591
1974 $526
1973 $484
1972 $468
1971 $454
1970 $430
1969 $405
1968 $386
Year Equivalent
1967 $375
1966 $362
1965 $356
1964 $352
1963 $346
1962 $342
1961 $340
1960 $335
1959 $329
1958 $324
1957 $315
1956 $305
1955 $304
1954 $307
1953 $304
1952 $302
1951 $285
1950 $269
1949 $275
1948 $267
1947 $245
1946 $207
1945 $203
1944 $198
1943 $193
1942 $177
1941 $161
Year Equivalent
1940 $160
1939 $160
1938 $164
1937 $160
1936 $157
1935 $153
1934 $150
1933 $149
1932 $166
1931 $183
1930 $196
1929 $195
1928 $197
1927 $202
1926 $204
1925 $197
1924 $197
1923 $193
1922 $197
1921 $221
1920 $215
1919 $188
1918 $156
1917 $132
1916 $117
1915 $115
1914 $114