Calculate the Value of $245 in 1988

What is $245 in 1988 worth in today's money?
Amount
$
From
To
$553
Adjusted for inflation, $245 in 1988 is equal to $553 in 2021.
Annual inflation over this period was 2.50%.
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 1988 dollars worth?
Year Equivalent
2021 $553
2020 $546
2019 $533
2018 $523
2017 $513
2016 $502
2015 $499
2014 $495
2013 $487
2012 $479
2011 $465
2010 $458
2009 $446
2008 $446
2007 $428
2006 $418
2005 $404
2004 $391
2003 $384
2002 $375
2001 $369
2000 $357
1999 $348
1998 $342
1997 $337
1996 $326
1995 $318
Year Equivalent
1994 $310
1993 $301
1992 $293
1991 $284
1990 $268
1989 $256
1988 $245
1987 $235
1986 $232
1985 $224
1984 $215
1983 $207
1982 $200
1981 $183
1980 $163
1979 $144
1978 $132
1977 $124
1976 $118
1975 $110
1974 $98
1973 $90
1972 $87
1971 $84
1970 $80
1969 $75
1968 $72
Year Equivalent
1967 $70
1966 $68
1965 $66
1964 $66
1963 $65
1962 $64
1961 $63
1960 $62
1959 $61
1958 $60
1957 $59
1956 $57
1955 $57
1954 $57
1953 $57
1952 $56
1951 $53
1950 $50
1949 $51
1948 $50
1947 $46
1946 $39
1945 $38
1944 $37
1943 $36
1942 $33
1941 $30
Year Equivalent
1940 $30
1939 $30
1938 $31
1937 $30
1936 $29
1935 $28
1934 $28
1933 $28
1932 $31
1931 $34
1930 $37
1929 $36
1928 $37
1927 $38
1926 $38
1925 $37
1924 $37
1923 $36
1922 $37
1921 $41
1920 $40
1919 $35
1918 $29
1917 $25
1916 $22
1915 $21
1914 $21