Calculate the Value of $247 in 1954

What is $247 in 1954 worth in today's money?
Amount
$
From
To
$2,392
Adjusted for inflation, $247 in 1954 is equal to $2,392 in 2021.
Annual inflation over this period was 3.45%.
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 1954 dollars worth?
Year Equivalent
2021 $2,392
2020 $2,360
2019 $2,307
2018 $2,264
2017 $2,217
2016 $2,172
2015 $2,156
2014 $2,140
2013 $2,108
2012 $2,072
2011 $2,013
2010 $1,983
2009 $1,930
2008 $1,929
2007 $1,853
2006 $1,807
2005 $1,747
2004 $1,692
2003 $1,661
2002 $1,622
2001 $1,598
2000 $1,545
1999 $1,505
1998 $1,481
1997 $1,456
1996 $1,409
1995 $1,375
Year Equivalent
1994 $1,339
1993 $1,303
1992 $1,266
1991 $1,229
1990 $1,158
1989 $1,106
1988 $1,060
1987 $1,015
1986 $1,004
1985 $967
1984 $930
1983 $896
1982 $863
1981 $792
1980 $704
1979 $622
1978 $570
1977 $534
1976 $510
1975 $477
1974 $424
1973 $390
1972 $377
1971 $365
1970 $346
1969 $326
1968 $311
Year Equivalent
1967 $302
1966 $292
1965 $286
1964 $284
1963 $279
1962 $275
1961 $274
1960 $270
1959 $265
1958 $261
1957 $253
1956 $246
1955 $245
1954 $247
1953 $245
1952 $243
1951 $230
1950 $217
1949 $221
1948 $215
1947 $197
1946 $167
1945 $163
1944 $160
1943 $155
1942 $142
1941 $129
Year Equivalent
1940 $129
1939 $129
1938 $132
1937 $129
1936 $127
1935 $123
1934 $121
1933 $120
1932 $134
1931 $148
1930 $158
1929 $157
1928 $159
1927 $163
1926 $164
1925 $159
1924 $159
1923 $155
1922 $159
1921 $178
1920 $174
1919 $152
1918 $126
1917 $107
1916 $95
1915 $93
1914 $92