Calculate the Value of $247 in 1971

What is $247 in 1971 worth in today's money?
Amount
$
From
To
$1,617
Adjusted for inflation, $247 in 1971 is equal to $1,617 in 2021.
Annual inflation over this period was 3.83%.
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 1971 dollars worth?
Year Equivalent
2021 $1,617
2020 $1,595
2019 $1,559
2018 $1,530
2017 $1,498
2016 $1,468
2015 $1,457
2014 $1,446
2013 $1,425
2012 $1,401
2011 $1,360
2010 $1,340
2009 $1,305
2008 $1,303
2007 $1,252
2006 $1,221
2005 $1,181
2004 $1,144
2003 $1,123
2002 $1,097
2001 $1,080
2000 $1,044
1999 $1,017
1998 $1,001
1997 $984
1996 $953
1995 $929
Year Equivalent
1994 $905
1993 $881
1992 $856
1991 $830
1990 $783
1989 $748
1988 $716
1987 $686
1986 $678
1985 $653
1984 $629
1983 $606
1982 $583
1981 $536
1980 $476
1979 $420
1978 $385
1977 $361
1976 $344
1975 $322
1974 $287
1973 $264
1972 $255
1971 $247
1970 $234
1969 $220
1968 $210
Year Equivalent
1967 $204
1966 $197
1965 $194
1964 $192
1963 $189
1962 $186
1961 $185
1960 $182
1959 $179
1958 $176
1957 $171
1956 $166
1955 $166
1954 $167
1953 $166
1952 $164
1951 $155
1950 $146
1949 $150
1948 $145
1947 $133
1946 $113
1945 $110
1944 $108
1943 $105
1942 $96
1941 $88
Year Equivalent
1940 $87
1939 $87
1938 $89
1937 $87
1936 $86
1935 $83
1934 $82
1933 $81
1932 $91
1931 $100
1930 $107
1929 $106
1928 $107
1927 $110
1926 $111
1925 $107
1924 $107
1923 $105
1922 $107
1921 $120
1920 $117
1919 $102
1918 $85
1917 $72
1916 $64
1915 $63
1914 $62