Calculate the Value of $248 in 1923

What is 248 dollars in 1923 money adjusted for inflation? Convert $248 from 1923 dollars to 2024 dollars.
Amount
$
From
To
$4,501
Adjusted for inflation, $248 in 1923 is equal to $4,501 in 2024.
Annual inflation over this period was 2.91%.
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 1923 dollars worth?
Year Equivalent
2024 $4,501
2023 $4,355
2022 $4,091
2021 $3,822
2020 $3,771
2019 $3,687
2018 $3,618
2017 $3,543
2016 $3,471
2015 $3,446
2014 $3,420
2013 $3,369
2012 $3,312
2011 $3,216
2010 $3,169
2009 $3,085
2008 $3,082
2007 $2,961
2006 $2,888
2005 $2,793
2004 $2,705
2003 $2,655
2002 $2,593
2001 $2,553
2000 $2,470
1999 $2,405
1998 $2,367
1997 $2,327
Year Equivalent
1996 $2,253
1995 $2,197
1994 $2,140
1993 $2,082
1992 $2,024
1991 $1,963
1990 $1,850
1989 $1,768
1988 $1,693
1987 $1,622
1986 $1,604
1985 $1,545
1984 $1,487
1983 $1,432
1982 $1,379
1981 $1,266
1980 $1,126
1979 $993
1978 $911
1977 $854
1976 $814
1975 $762
1974 $678
1973 $624
1972 $603
1971 $584
1970 $553
1969 $521
Year Equivalent
1968 $497
1967 $483
1966 $467
1965 $458
1964 $453
1963 $446
1962 $440
1961 $437
1960 $431
1959 $424
1958 $417
1957 $405
1956 $393
1955 $392
1954 $395
1953 $392
1952 $389
1951 $367
1950 $346
1949 $354
1948 $343
1947 $316
1946 $267
1945 $261
1944 $255
1943 $248
1942 $227
1941 $207
Year Equivalent
1940 $205
1939 $205
1938 $211
1937 $205
1936 $203
1935 $197
1934 $194
1933 $192
1932 $214
1931 $236
1930 $252
1929 $251
1928 $254
1927 $260
1926 $263
1925 $254
1924 $254
1923 $248
1922 $254
1921 $285
1920 $277
1919 $242
1918 $201
1917 $170
1916 $151
1915 $148
1914 $147