The Changing Value of a Dollar
Adjusted for inflation, $1.00 in 2022 is equal to $1.06 in 2023.
Annual inflation over this period was 6.45%.
A dollar just ain't what it used to be. Our inflation calculator will tell you the relative buying power of a dollar in the United States between any two years from 1914–2023. It will also calculate the rate of inflation during the time period you choose.
We determine the value of a dollar using the Consumer Price Index from December of the previous year. All calculations are approximate.
Fun fact: In 2021, inflation surged to over 7%, the highest rate since 1982.
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