Calculate the Value of $247 in 1956

What is $247 in 1956 worth in today's money?
Amount
$
From
To
$2,401
Adjusted for inflation, $247 in 1956 is equal to $2,401 in 2021.
Annual inflation over this period was 3.56%.
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 1956 dollars worth?
Year Equivalent
2021 $2,401
2020 $2,368
2019 $2,315
2018 $2,272
2017 $2,225
2016 $2,180
2015 $2,164
2014 $2,148
2013 $2,116
2012 $2,080
2011 $2,020
2010 $1,990
2009 $1,938
2008 $1,936
2007 $1,860
2006 $1,814
2005 $1,754
2004 $1,699
2003 $1,667
2002 $1,629
2001 $1,604
2000 $1,551
1999 $1,511
1998 $1,487
1997 $1,462
1996 $1,415
1995 $1,380
Year Equivalent
1994 $1,344
1993 $1,308
1992 $1,271
1991 $1,233
1990 $1,162
1989 $1,111
1988 $1,064
1987 $1,018
1986 $1,007
1985 $970
1984 $934
1983 $900
1982 $866
1981 $795
1980 $707
1979 $624
1978 $572
1977 $536
1976 $512
1975 $478
1974 $426
1973 $392
1972 $379
1971 $367
1970 $347
1969 $327
1968 $312
Year Equivalent
1967 $303
1966 $293
1965 $288
1964 $285
1963 $280
1962 $276
1961 $275
1960 $271
1959 $266
1958 $262
1957 $254
1956 $247
1955 $246
1954 $248
1953 $246
1952 $244
1951 $230
1950 $218
1949 $222
1948 $216
1947 $198
1946 $168
1945 $164
1944 $160
1943 $156
1942 $143
1941 $130
Year Equivalent
1940 $129
1939 $129
1938 $133
1937 $129
1936 $127
1935 $124
1934 $122
1933 $121
1932 $135
1931 $148
1930 $159
1929 $158
1928 $159
1927 $163
1926 $165
1925 $159
1924 $159
1923 $156
1922 $159
1921 $179
1920 $174
1919 $152
1918 $126
1917 $107
1916 $95
1915 $93
1914 $92