Inflation Calculator
Find the inflation-adjusted value of any dollar amount between 1913 and 2024 using official US Bureau of Labor Statistics CPI data. Discover how purchasing power has changed over time.
$1,000.00 in 2000 worth
$1,824.62
in 2024 dollars
Cumulative Inflation
+82.5%
Avg Annual Rate
2.54%
$1,000 in 2000 has the same buying power as $1,824.62 today (2024). Based on US Bureau of Labor Statistics CPI data.
Understanding Inflation and Purchasing Power
Inflation measures how much prices rise over time, reducing the purchasing power of money. The Consumer Price Index (CPI) tracks the average change in prices paid by urban consumers for a market basket of goods and services, published monthly by the US Bureau of Labor Statistics.
Frequently Asked Questions
What is the average annual inflation rate in the US?
The average annual US inflation rate from 1913 to 2024 is approximately 3.2%. Over shorter periods, it varies significantly — from under 2% in the 2010s to over 7% in 2021–2022.
How does inflation erode purchasing power?
At 3% annual inflation, $100 today will only buy about $74 worth of goods in 10 years. After 30 years, its purchasing power drops to about $41 — less than half of what it buys now.
What CPI data does this calculator use?
This calculator uses the US Bureau of Labor Statistics Consumer Price Index for All Urban Consumers (CPI-U) with a base period of 1982–84 = 100, covering 1913 through 2024.