Calculate the Value of $245 in 1972

What is $245 in 1972 worth in today's money?
Amount
$
From
To
$1,553
Adjusted for inflation, $245 in 1972 is equal to $1,553 in 2021.
Annual inflation over this period was 3.84%.
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 1972 dollars worth?
Year Equivalent
2021 $1,553
2020 $1,532
2019 $1,498
2018 $1,470
2017 $1,439
2016 $1,410
2015 $1,400
2014 $1,389
2013 $1,369
2012 $1,345
2011 $1,307
2010 $1,287
2009 $1,253
2008 $1,252
2007 $1,203
2006 $1,173
2005 $1,134
2004 $1,099
2003 $1,078
2002 $1,053
2001 $1,037
2000 $1,003
1999 $977
1998 $962
1997 $945
1996 $915
1995 $892
Year Equivalent
1994 $869
1993 $846
1992 $822
1991 $798
1990 $752
1989 $718
1988 $688
1987 $659
1986 $652
1985 $628
1984 $604
1983 $582
1982 $560
1981 $514
1980 $457
1979 $404
1978 $370
1977 $347
1976 $331
1975 $309
1974 $275
1973 $253
1972 $245
1971 $237
1970 $225
1969 $212
1968 $202
Year Equivalent
1967 $196
1966 $190
1965 $186
1964 $184
1963 $181
1962 $179
1961 $178
1960 $175
1959 $172
1958 $169
1957 $165
1956 $160
1955 $159
1954 $160
1953 $159
1952 $158
1951 $149
1950 $141
1949 $144
1948 $139
1947 $128
1946 $108
1945 $106
1944 $104
1943 $101
1942 $92
1941 $84
Year Equivalent
1940 $83
1939 $83
1938 $86
1937 $83
1936 $82
1935 $80
1934 $79
1933 $78
1932 $87
1931 $96
1930 $103
1929 $102
1928 $103
1927 $106
1926 $107
1925 $103
1924 $103
1923 $101
1922 $103
1921 $116
1920 $113
1919 $98
1918 $82
1917 $69
1916 $61
1915 $60
1914 $60