Calculate the Value of $245 in 1948

What is $245 in 1948 worth in today's money?
Amount
$
From
To
$2,727
Adjusted for inflation, $245 in 1948 is equal to $2,727 in 2021.
Annual inflation over this period was 3.36%.
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 1948 dollars worth?
Year Equivalent
2021 $2,727
2020 $2,691
2019 $2,630
2018 $2,581
2017 $2,528
2016 $2,476
2015 $2,459
2014 $2,440
2013 $2,404
2012 $2,363
2011 $2,295
2010 $2,261
2009 $2,201
2008 $2,199
2007 $2,113
2006 $2,061
2005 $1,992
2004 $1,930
2003 $1,894
2002 $1,850
2001 $1,822
2000 $1,762
1999 $1,716
1998 $1,689
1997 $1,661
1996 $1,607
1995 $1,567
Year Equivalent
1994 $1,527
1993 $1,486
1992 $1,444
1991 $1,401
1990 $1,320
1989 $1,262
1988 $1,208
1987 $1,157
1986 $1,144
1985 $1,103
1984 $1,061
1983 $1,022
1982 $984
1981 $904
1980 $803
1979 $709
1978 $650
1977 $609
1976 $581
1975 $543
1974 $484
1973 $445
1972 $430
1971 $417
1970 $395
1969 $372
1968 $355
Year Equivalent
1967 $344
1966 $333
1965 $327
1964 $324
1963 $318
1962 $314
1961 $312
1960 $308
1959 $303
1958 $297
1957 $289
1956 $281
1955 $280
1954 $282
1953 $280
1952 $277
1951 $262
1950 $247
1949 $252
1948 $245
1947 $225
1946 $191
1945 $186
1944 $182
1943 $177
1942 $162
1941 $148
Year Equivalent
1940 $147
1939 $147
1938 $151
1937 $147
1936 $144
1935 $140
1934 $138
1933 $137
1932 $153
1931 $169
1930 $180
1929 $179
1928 $181
1927 $185
1926 $187
1925 $181
1924 $181
1923 $177
1922 $181
1921 $203
1920 $198
1919 $173
1918 $143
1917 $121
1916 $108
1915 $106
1914 $105