$1,000 in 2024 is worth $1,067.87 today

$1,000 in 2024 has the same buying power as

$1,067.87 in August 2026

That is 7% more, an average inflation rate of 3.14% a year over 2 years.

Put the other way, $1,000 today buys what $936.44 bought in 2024. Cash kept under the mattress since 2024 has lost 6% of its value.

$1,000 from nearby years

$1,000 inWorth in August 2026Inflation that year
2019$1,310.271.8%
2020$1,294.301.2%
2021$1,236.234.7%
2022$1,144.628.0%
2023$1,099.374.1%
2024$1,067.872.9%
2025$1,040.492.6%

How $1,000 from 2024 grew

$0.00$200$400$600$800$1000$120020242024.520252025.520262026.52026.625: $1068
$1,000 from 2024 in each later year's dollars

$1,000 of 2024 spending, by category

Not everything rose at the same pace. What $1,000 spent on each of these in 2024 costs today:

CategoryCost in August 2026
Food$1,061.03
Rent$1,068.89
Gasoline$1,216.44
Medical care$1,051.72
New cars$1,010.28
College tuition$1,053.60
Electricity$1,110.97
Clothing$1,040.07

Try a different amount or date

$1,000.00 in 2024 has the same buying power as

$1,067.87 in August 2026

Prices rose 6.8% in total, an average of 3.14% a year.

Questions

How much is $1,000 in 2024 worth today?
$1,000 in 2024 is worth $1,067.87 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $1,000 in 2024?
You would need $1,067.87 to buy what $1,000 bought in 2024. That is 1.07 times as much.
How much buying power has $1,000 lost since 2024?
Kept as cash, $1,000 from 2024 buys only what $936.44 of 2024 money bought. It has lost 6% of its buying power.
What was inflation in 2024?
Prices rose 2.9% in 2024. Since then the average has been 3.14% a year.

Other amounts from 2024

$1,000 in other decades

Everything about inflation in 2024