Calculate the Value of $245 in 1962

What is $245 in 1962 worth in today's money?
Amount
$
From
To
$2,127
Adjusted for inflation, $245 in 1962 is equal to $2,127 in 2021.
Annual inflation over this period was 3.73%.
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 1962 dollars worth?
Year Equivalent
2021 $2,127
2020 $2,099
2019 $2,052
2018 $2,013
2017 $1,972
2016 $1,932
2015 $1,918
2014 $1,903
2013 $1,875
2012 $1,843
2011 $1,790
2010 $1,764
2009 $1,717
2008 $1,715
2007 $1,648
2006 $1,607
2005 $1,554
2004 $1,505
2003 $1,477
2002 $1,443
2001 $1,421
2000 $1,374
1999 $1,339
1998 $1,317
1997 $1,295
1996 $1,254
1995 $1,223
Year Equivalent
1994 $1,191
1993 $1,159
1992 $1,126
1991 $1,093
1990 $1,030
1989 $984
1988 $942
1987 $902
1986 $893
1985 $860
1984 $827
1983 $797
1982 $768
1981 $705
1980 $626
1979 $553
1978 $507
1977 $475
1976 $453
1975 $424
1974 $377
1973 $347
1972 $336
1971 $325
1970 $308
1969 $290
1968 $277
Year Equivalent
1967 $269
1966 $260
1965 $255
1964 $252
1963 $248
1962 $245
1961 $243
1960 $240
1959 $236
1958 $232
1957 $225
1956 $219
1955 $218
1954 $220
1953 $218
1952 $216
1951 $204
1950 $193
1949 $197
1948 $191
1947 $176
1946 $149
1945 $145
1944 $142
1943 $138
1942 $127
1941 $115
Year Equivalent
1940 $114
1939 $114
1938 $118
1937 $114
1936 $113
1935 $109
1934 $108
1933 $107
1932 $119
1931 $131
1930 $140
1929 $140
1928 $141
1927 $145
1926 $146
1925 $141
1924 $141
1923 $138
1922 $141
1921 $158
1920 $154
1919 $135
1918 $112
1917 $95
1916 $84
1915 $82
1914 $82