$1,000 in 1971 is worth $8,271.11 today

$1,000 in 1971 has the same buying power as

$8,271.11 in August 2026

That is 727% more, an average inflation rate of 3.91% a year over 55 years.

Put the other way, $1,000 today buys what $120.90 bought in 1971. Cash kept under the mattress since 1971 has lost 88% of its value.

$1,000 from nearby years

$1,000 inWorth in August 2026Inflation that year
1966$10,338.892.9%
1967$10,029.343.1%
1968$9,625.864.2%
1969$9,127.525.5%
1970$8,633.515.7%
1971$8,271.114.4%
1972$8,013.883.2%
1973$7,544.596.2%
1974$6,794.7311.0%
1975$6,226.399.1%
1976$5,887.175.8%

How $1,000 from 1971 grew

$0.00$2000$4000$6000$8000$10K198019902000201020202026.625: $8271
$1,000 from 1971 in each later year's dollars

$1,000 of 1971 spending, by category

Not everything rose at the same pace. What $1,000 spent on each of these in 1971 costs today:

CategoryCost in August 2026
Food$8,673.71
Rent$9,219.65
Gasoline$12,802.06
Medical care$16,426.68
New cars$3,249.82
Electricity$9,146.22
Clothing$2,238.17

Try a different amount or date

$1,000.00 in 1971 has the same buying power as

$8,271.11 in August 2026

Prices rose 727.1% in total, an average of 3.91% a year.

Questions

How much is $1,000 in 1971 worth today?
$1,000 in 1971 is worth $8,271.11 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $1,000 in 1971?
You would need $8,271.11 to buy what $1,000 bought in 1971. That is 8.27 times as much.
How much buying power has $1,000 lost since 1971?
Kept as cash, $1,000 from 1971 buys only what $120.90 of 1971 money bought. It has lost 88% of its buying power.
What was inflation in 1971?
Prices rose 4.4% in 1971. Since then the average has been 3.91% a year.

Other amounts from 1971

$1,000 in other decades

Everything about inflation in 1971