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The Inflation Calculator utilizes historical Consumer Price Index (CPI) data from the U.S. to convert the purchasing power of the U.S. dollar in different years. Simply enter an amount and the year it pertains to, followed by the year the inflation-adjusted amount pertains to.
Our inflation calculator helps you understand how the purchasing power of a certain dollar amount will change over time. In general, the value of money decreases over time. This means that $5 today won’t buy you the same amount of goods or services as it would in 10 years.
The U.S. dollar goes down in value almost every year. Find out how much money from the past is worth today, or vice versa.
Easily calculate how the buying power of the U.S. dollar has changed from 1913 to 2024. Get inflation rates and U.S. inflation news.
Oct 23, 2023 · What does it take to be wealthy in 2023? A million dollars in the bank? Two million? How about a salary in the high six figures?
The inflation rate in the United States between 2022 and today has been 7.62%, which translates into a total increase of $7.62. This means that 100 dollars in 2022 are equivalent to 107.62 dollars in 2024. In other words, the purchasing power of $100 in 2022 equals $107.62 today.
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What is a dollar worth in today's money? What is the current rate of inflation? This calculator compares inflation during the selected time frame. We use the Consumer Price Index (CPI) data provided by the Bureau of Labor Statistics of the United States government.
