Calculate the Value of $247 in 1940

What is $247 in 1940 worth in today's money?
Amount
$
From
To
$4,596
Adjusted for inflation, $247 in 1940 is equal to $4,596 in 2021.
Annual inflation over this period was 3.68%.
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 1940 dollars worth?
Year Equivalent
2021 $4,596
2020 $4,534
2019 $4,432
2018 $4,349
2017 $4,260
2016 $4,173
2015 $4,143
2014 $4,112
2013 $4,051
2012 $3,981
2011 $3,867
2010 $3,810
2009 $3,709
2008 $3,706
2007 $3,560
2006 $3,472
2005 $3,357
2004 $3,252
2003 $3,192
2002 $3,117
2001 $3,070
2000 $2,969
1999 $2,892
1998 $2,846
1997 $2,798
1996 $2,708
1995 $2,641
Year Equivalent
1994 $2,572
1993 $2,504
1992 $2,433
1991 $2,361
1990 $2,225
1989 $2,126
1988 $2,036
1987 $1,950
1986 $1,928
1985 $1,858
1984 $1,787
1983 $1,722
1982 $1,658
1981 $1,523
1980 $1,353
1979 $1,194
1978 $1,096
1977 $1,027
1976 $979
1975 $916
1974 $815
1973 $750
1972 $725
1971 $702
1970 $665
1969 $626
1968 $598
Year Equivalent
1967 $580
1966 $561
1965 $550
1964 $545
1963 $536
1962 $529
1961 $526
1960 $519
1959 $510
1958 $501
1957 $487
1956 $473
1955 $471
1954 $475
1953 $471
1952 $468
1951 $441
1950 $416
1949 $425
1948 $413
1947 $379
1946 $321
1945 $314
1944 $307
1943 $298
1942 $273
1941 $249
Year Equivalent
1940 $247
1939 $247
1938 $254
1937 $247
1936 $243
1935 $236
1934 $233
1933 $231
1932 $258
1931 $284
1930 $303
1929 $302
1928 $305
1927 $312
1926 $316
1925 $305
1924 $305
1923 $298
1922 $305
1921 $342
1920 $333
1919 $291
1918 $242
1917 $205
1916 $182
1915 $178
1914 $176