Calculate the Value of $248 in 1931

What is 248 dollars in 1931 money adjusted for inflation? Convert $248 from 1931 dollars to 2024 dollars.
Amount
$
From
To
$4,725
Adjusted for inflation, $248 in 1931 is equal to $4,725 in 2024.
Annual inflation over this period was 3.22%.
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 1931 dollars worth?
Year Equivalent
2024 $4,725
2023 $4,572
2022 $4,295
2021 $4,012
2020 $3,958
2019 $3,870
2018 $3,797
2017 $3,719
2016 $3,643
2015 $3,617
2014 $3,590
2013 $3,537
2012 $3,476
2011 $3,376
2010 $3,326
2009 $3,238
2008 $3,235
2007 $3,108
2006 $3,031
2005 $2,931
2004 $2,839
2003 $2,787
2002 $2,722
2001 $2,680
2000 $2,592
1999 $2,525
1998 $2,485
1997 $2,443
Year Equivalent
1996 $2,364
1995 $2,306
1994 $2,246
1993 $2,186
1992 $2,124
1991 $2,061
1990 $1,942
1989 $1,856
1988 $1,778
1987 $1,702
1986 $1,684
1985 $1,622
1984 $1,560
1983 $1,503
1982 $1,448
1981 $1,329
1980 $1,181
1979 $1,043
1978 $957
1977 $896
1976 $855
1975 $799
1974 $712
1973 $655
1972 $633
1971 $613
1970 $581
1969 $547
Year Equivalent
1968 $522
1967 $507
1966 $490
1965 $481
1964 $476
1963 $468
1962 $462
1961 $459
1960 $453
1959 $445
1958 $437
1957 $425
1956 $413
1955 $411
1954 $414
1953 $411
1952 $408
1951 $385
1950 $364
1949 $371
1948 $360
1947 $331
1946 $280
1945 $274
1944 $268
1943 $260
1942 $239
1941 $217
Year Equivalent
1940 $216
1939 $216
1938 $222
1937 $216
1936 $213
1935 $206
1934 $203
1933 $202
1932 $225
1931 $248
1930 $265
1929 $263
1928 $266
1927 $273
1926 $276
1925 $266
1924 $266
1923 $260
1922 $266
1921 $299
1920 $291
1919 $254
1918 $211
1917 $179
1916 $159
1915 $156
1914 $154