Calculate the Value of $247 in 1916

What is $247 in 1916 worth in today's money?
Amount
$
From
To
$6,246
Adjusted for inflation, $247 in 1916 is equal to $6,246 in 2021.
Annual inflation over this period was 3.12%.
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 $247 in 1916 dollars worth?
Year Equivalent
2021 $6,246
2020 $6,162
2019 $6,025
2018 $5,912
2017 $5,790
2016 $5,672
2015 $5,631
2014 $5,589
2013 $5,506
2012 $5,412
2011 $5,256
2010 $5,179
2009 $5,041
2008 $5,037
2007 $4,839
2006 $4,719
2005 $4,564
2004 $4,420
2003 $4,338
2002 $4,237
2001 $4,173
2000 $4,036
1999 $3,930
1998 $3,868
1997 $3,803
1996 $3,681
1995 $3,590
Year Equivalent
1994 $3,496
1993 $3,403
1992 $3,307
1991 $3,209
1990 $3,024
1989 $2,890
1988 $2,767
1987 $2,650
1986 $2,621
1985 $2,525
1984 $2,429
1983 $2,341
1982 $2,254
1981 $2,070
1980 $1,839
1979 $1,623
1978 $1,489
1977 $1,396
1976 $1,331
1975 $1,245
1974 $1,108
1973 $1,019
1972 $986
1971 $954
1970 $904
1969 $851
1968 $813
Year Equivalent
1967 $789
1966 $763
1965 $748
1964 $741
1963 $729
1962 $719
1961 $715
1960 $705
1959 $693
1958 $681
1957 $662
1956 $643
1955 $640
1954 $645
1953 $640
1952 $635
1951 $600
1950 $566
1949 $578
1948 $561
1947 $516
1946 $436
1945 $427
1944 $417
1943 $405
1942 $372
1941 $338
Year Equivalent
1940 $336
1939 $336
1938 $345
1937 $336
1936 $331
1935 $321
1934 $317
1933 $314
1932 $350
1931 $386
1930 $412
1929 $410
1928 $415
1927 $424
1926 $429
1925 $415
1924 $415
1923 $405
1922 $415
1921 $465
1920 $453
1919 $396
1918 $329
1917 $278
1916 $247
1915 $242
1914 $240