Calculate the Value of $245 in 1954

What is $245 in 1954 worth in today's money?
Amount
$
From
To
$2,372
Adjusted for inflation, $245 in 1954 is equal to $2,372 in 2021.
Annual inflation over this period was 3.45%.
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 1954 dollars worth?
Year Equivalent
2021 $2,372
2020 $2,340
2019 $2,288
2018 $2,245
2017 $2,199
2016 $2,154
2015 $2,139
2014 $2,123
2013 $2,091
2012 $2,055
2011 $1,996
2010 $1,967
2009 $1,915
2008 $1,913
2007 $1,838
2006 $1,792
2005 $1,733
2004 $1,679
2003 $1,648
2002 $1,609
2001 $1,585
2000 $1,533
1999 $1,493
1998 $1,469
1997 $1,444
1996 $1,398
1995 $1,363
Year Equivalent
1994 $1,328
1993 $1,292
1992 $1,256
1991 $1,219
1990 $1,148
1989 $1,097
1988 $1,051
1987 $1,006
1986 $995
1985 $959
1984 $923
1983 $889
1982 $856
1981 $786
1980 $699
1979 $617
1978 $566
1977 $530
1976 $505
1975 $473
1974 $421
1973 $387
1972 $374
1971 $362
1970 $343
1969 $323
1968 $309
Year Equivalent
1967 $300
1966 $290
1965 $284
1964 $281
1963 $277
1962 $273
1961 $271
1960 $268
1959 $263
1958 $259
1957 $251
1956 $244
1955 $243
1954 $245
1953 $243
1952 $241
1951 $228
1950 $215
1949 $219
1948 $213
1947 $196
1946 $166
1945 $162
1944 $158
1943 $154
1942 $141
1941 $128
Year Equivalent
1940 $128
1939 $128
1938 $131
1937 $128
1936 $126
1935 $122
1934 $120
1933 $119
1932 $133
1931 $147
1930 $157
1929 $156
1928 $158
1927 $161
1926 $163
1925 $158
1924 $158
1923 $154
1922 $158
1921 $177
1920 $172
1919 $150
1918 $125
1917 $106
1916 $94
1915 $92
1914 $91