Calculate the Value of $247 in 1931

What is 247 dollars in 1931 money adjusted for inflation? Convert $247 from 1931 dollars to 2024 dollars.
Amount
$
From
To
$4,706
Adjusted for inflation, $247 in 1931 is equal to $4,706 in 2024.
Annual inflation over this period was 3.22%.
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 1931 dollars worth?
Year Equivalent
2024 $4,706
2023 $4,553
2022 $4,277
2021 $3,996
2020 $3,942
2019 $3,854
2018 $3,782
2017 $3,704
2016 $3,629
2015 $3,602
2014 $3,575
2013 $3,522
2012 $3,462
2011 $3,363
2010 $3,313
2009 $3,225
2008 $3,222
2007 $3,096
2006 $3,019
2005 $2,920
2004 $2,827
2003 $2,775
2002 $2,711
2001 $2,669
2000 $2,582
1999 $2,514
1998 $2,475
1997 $2,433
Year Equivalent
1996 $2,355
1995 $2,297
1994 $2,237
1993 $2,177
1992 $2,116
1991 $2,053
1990 $1,935
1989 $1,849
1988 $1,770
1987 $1,695
1986 $1,677
1985 $1,615
1984 $1,554
1983 $1,497
1982 $1,442
1981 $1,324
1980 $1,177
1979 $1,039
1978 $953
1977 $893
1976 $851
1975 $796
1974 $709
1973 $652
1972 $631
1971 $611
1970 $578
1969 $545
Year Equivalent
1968 $520
1967 $505
1966 $488
1965 $479
1964 $474
1963 $466
1962 $460
1961 $457
1960 $451
1959 $443
1958 $436
1957 $423
1956 $411
1955 $410
1954 $413
1953 $410
1952 $407
1951 $384
1950 $362
1949 $370
1948 $359
1947 $330
1946 $279
1945 $273
1944 $267
1943 $259
1942 $238
1941 $216
Year Equivalent
1940 $215
1939 $215
1938 $221
1937 $215
1936 $212
1935 $206
1934 $203
1933 $201
1932 $224
1931 $247
1930 $264
1929 $262
1928 $265
1927 $272
1926 $275
1925 $265
1924 $265
1923 $259
1922 $265
1921 $298
1920 $290
1919 $253
1918 $210
1917 $178
1916 $158
1915 $155
1914 $153