Calculate the Value of $245 in 1950

What is 245 dollars in 1950 money adjusted for inflation? Convert $245 from 1950 dollars to 2024 dollars.
Amount
$
From
To
$3,184
Adjusted for inflation, $245 in 1950 is equal to $3,184 in 2024.
Annual inflation over this period was 3.53%.
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 1950 dollars worth?
Year Equivalent
2024 $3,184
2023 $3,081
2022 $2,894
2021 $2,704
2020 $2,668
2019 $2,608
2018 $2,559
2017 $2,506
2016 $2,455
2015 $2,438
2014 $2,419
2013 $2,384
2012 $2,343
2011 $2,275
2010 $2,242
2009 $2,182
2008 $2,180
2007 $2,095
2006 $2,043
2005 $1,976
2004 $1,913
2003 $1,878
2002 $1,834
2001 $1,806
2000 $1,747
1999 $1,702
1998 $1,675
1997 $1,646
Year Equivalent
1996 $1,594
1995 $1,554
1994 $1,514
1993 $1,473
1992 $1,432
1991 $1,389
1990 $1,309
1989 $1,251
1988 $1,198
1987 $1,147
1986 $1,135
1985 $1,093
1984 $1,052
1983 $1,013
1982 $976
1981 $896
1980 $796
1979 $703
1978 $645
1977 $604
1976 $576
1975 $539
1974 $480
1973 $441
1972 $427
1971 $413
1970 $391
1969 $369
Year Equivalent
1968 $352
1967 $342
1966 $330
1965 $324
1964 $321
1963 $316
1962 $311
1961 $309
1960 $305
1959 $300
1958 $295
1957 $287
1956 $278
1955 $277
1954 $279
1953 $277
1952 $275
1951 $260
1950 $245
1949 $250
1948 $243
1947 $223
1946 $189
1945 $185
1944 $181
1943 $175
1942 $161
1941 $146
Year Equivalent
1940 $145
1939 $145
1938 $149
1937 $145
1936 $143
1935 $139
1934 $137
1933 $136
1932 $152
1931 $167
1930 $179
1929 $178
1928 $180
1927 $184
1926 $186
1925 $180
1924 $180
1923 $175
1922 $180
1921 $201
1920 $196
1919 $171
1918 $142
1917 $120
1916 $107
1915 $105
1914 $104