Calculate the Value of $248 in 1916

What is 248 dollars in 1916 money adjusted for inflation? Convert $248 from 1916 dollars to 2024 dollars.
Amount
$
From
To
$7,386
Adjusted for inflation, $248 in 1916 is equal to $7,386 in 2024.
Annual inflation over this period was 3.19%.
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 $248 in 1916 dollars worth?
Year Equivalent
2024 $7,386
2023 $7,146
2022 $6,713
2021 $6,272
2020 $6,187
2019 $6,049
2018 $5,936
2017 $5,813
2016 $5,695
2015 $5,654
2014 $5,611
2013 $5,528
2012 $5,434
2011 $5,277
2010 $5,200
2009 $5,062
2008 $5,057
2007 $4,859
2006 $4,738
2005 $4,582
2004 $4,438
2003 $4,356
2002 $4,255
2001 $4,190
2000 $4,052
1999 $3,946
1998 $3,884
1997 $3,819
Year Equivalent
1996 $3,696
1995 $3,604
1994 $3,511
1993 $3,417
1992 $3,320
1991 $3,222
1990 $3,036
1989 $2,901
1988 $2,779
1987 $2,661
1986 $2,632
1985 $2,535
1984 $2,439
1983 $2,350
1982 $2,263
1981 $2,078
1980 $1,847
1979 $1,630
1978 $1,495
1977 $1,401
1976 $1,336
1975 $1,250
1974 $1,112
1973 $1,023
1972 $990
1971 $958
1970 $908
1969 $855
Year Equivalent
1968 $816
1967 $792
1966 $766
1965 $751
1964 $744
1963 $732
1962 $722
1961 $718
1960 $708
1959 $696
1958 $684
1957 $665
1956 $645
1955 $643
1954 $648
1953 $643
1952 $638
1951 $602
1950 $568
1949 $580
1948 $563
1947 $518
1946 $438
1945 $429
1944 $419
1943 $407
1942 $373
1941 $339
Year Equivalent
1940 $337
1939 $337
1938 $347
1937 $337
1936 $332
1935 $323
1934 $318
1933 $315
1932 $352
1931 $388
1930 $414
1929 $412
1928 $417
1927 $426
1926 $431
1925 $417
1924 $417
1923 $407
1922 $417
1921 $467
1920 $455
1919 $397
1918 $330
1917 $279
1916 $248
1915 $243
1914 $241