Calculate the Value of $248 in 1938

What is 248 dollars in 1938 money adjusted for inflation? Convert $248 from 1938 dollars to 2024 dollars.
Amount
$
From
To
$5,283
Adjusted for inflation, $248 in 1938 is equal to $5,283 in 2024.
Annual inflation over this period was 3.62%.
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 1938 dollars worth?
Year Equivalent
2024 $5,283
2023 $5,112
2022 $4,802
2021 $4,486
2020 $4,426
2019 $4,327
2018 $4,246
2017 $4,158
2016 $4,073
2015 $4,044
2014 $4,014
2013 $3,954
2012 $3,887
2011 $3,775
2010 $3,719
2009 $3,621
2008 $3,617
2007 $3,475
2006 $3,389
2005 $3,277
2004 $3,174
2003 $3,116
2002 $3,043
2001 $2,997
2000 $2,899
1999 $2,823
1998 $2,778
1997 $2,731
Year Equivalent
1996 $2,644
1995 $2,578
1994 $2,511
1993 $2,444
1992 $2,375
1991 $2,304
1990 $2,172
1989 $2,075
1988 $1,987
1987 $1,903
1986 $1,882
1985 $1,814
1984 $1,745
1983 $1,681
1982 $1,619
1981 $1,486
1980 $1,321
1979 $1,166
1978 $1,070
1977 $1,002
1976 $956
1975 $894
1974 $796
1973 $732
1972 $708
1971 $685
1970 $649
1969 $611
Year Equivalent
1968 $584
1967 $567
1966 $548
1965 $537
1964 $532
1963 $524
1962 $517
1961 $513
1960 $506
1959 $498
1958 $489
1957 $475
1956 $462
1955 $460
1954 $463
1953 $460
1952 $456
1951 $431
1950 $406
1949 $415
1948 $403
1947 $370
1946 $313
1945 $307
1944 $300
1943 $291
1942 $267
1941 $243
Year Equivalent
1940 $241
1939 $241
1938 $248
1937 $241
1936 $238
1935 $231
1934 $227
1933 $226
1932 $251
1931 $277
1930 $296
1929 $295
1928 $298
1927 $305
1926 $308
1925 $298
1924 $298
1923 $291
1922 $298
1921 $334
1920 $326
1919 $284
1918 $236
1917 $200
1916 $177
1915 $174
1914 $172