Calculate the Value of $245 in 1953

What is $245 in 1953 worth in today's money?
Amount
$
From
To
$2,390
Adjusted for inflation, $245 in 1953 is equal to $2,390 in 2021.
Annual inflation over this period was 3.41%.
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 1953 dollars worth?
Year Equivalent
2021 $2,390
2020 $2,358
2019 $2,305
2018 $2,262
2017 $2,215
2016 $2,170
2015 $2,155
2014 $2,138
2013 $2,107
2012 $2,071
2011 $2,011
2010 $1,982
2009 $1,929
2008 $1,927
2007 $1,852
2006 $1,806
2005 $1,746
2004 $1,691
2003 $1,660
2002 $1,621
2001 $1,597
2000 $1,544
1999 $1,504
1998 $1,480
1997 $1,455
1996 $1,409
1995 $1,374
Year Equivalent
1994 $1,338
1993 $1,302
1992 $1,265
1991 $1,228
1990 $1,157
1989 $1,106
1988 $1,059
1987 $1,014
1986 $1,003
1985 $966
1984 $930
1983 $896
1982 $863
1981 $792
1980 $704
1979 $621
1978 $570
1977 $534
1976 $509
1975 $476
1974 $424
1973 $390
1972 $377
1971 $365
1970 $346
1969 $326
1968 $311
Year Equivalent
1967 $302
1966 $292
1965 $286
1964 $284
1963 $279
1962 $275
1961 $273
1960 $270
1959 $265
1958 $261
1957 $253
1956 $246
1955 $245
1954 $247
1953 $245
1952 $243
1951 $229
1950 $217
1949 $221
1948 $215
1947 $197
1946 $167
1945 $163
1944 $160
1943 $155
1942 $142
1941 $129
Year Equivalent
1940 $128
1939 $128
1938 $132
1937 $128
1936 $127
1935 $123
1934 $121
1933 $120
1932 $134
1931 $148
1930 $158
1929 $157
1928 $159
1927 $162
1926 $164
1925 $159
1924 $159
1923 $155
1922 $159
1921 $178
1920 $173
1919 $151
1918 $126
1917 $106
1916 $95
1915 $93
1914 $92