$500 in 1974 is worth $3,397.36 today

$500 in 1974 has the same buying power as

$3,397.36 in August 2026

That is 579% more, an average inflation rate of 3.74% a year over 52 years.

Put the other way, $500 today buys what $73.59 bought in 1974. Cash kept under the mattress since 1974 has lost 85% of its value.

$500 from nearby years

$500 inWorth in August 2026Inflation that year
1969$4,563.765.5%
1970$4,316.755.7%
1971$4,135.564.4%
1972$4,006.943.2%
1973$3,772.306.2%
1974$3,397.3611.0%
1975$3,113.209.1%
1976$2,943.595.8%
1977$2,763.866.5%
1978$2,568.877.6%
1979$2,307.0211.3%

How $500 from 1974 grew

$0.00$500$1000$1500$2000$2500$3000$3500198019902000201020202026.625: $3397
$500 from 1974 in each later year's dollars

$500 of 1974 spending, by category

Not everything rose at the same pace. What $500 spent on each of these in 1974 costs today:

CategoryCost in August 2026
Food$3,179.84
Rent$4,067.00
Gasoline$4,262.30
Medical care$6,992.96
New cars$1,549.27
Electricity$3,515.39
Clothing$985.24

Try a different amount or date

$500.00 in 1974 has the same buying power as

$3,397.36 in August 2026

Prices rose 579.5% in total, an average of 3.74% a year.

Questions

How much is $500 in 1974 worth today?
$500 in 1974 is worth $3,397.36 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $500 in 1974?
You would need $3,397.36 to buy what $500 bought in 1974. That is 6.79 times as much.
How much buying power has $500 lost since 1974?
Kept as cash, $500 from 1974 buys only what $73.59 of 1974 money bought. It has lost 85% of its buying power.
What was inflation in 1974?
Prices rose 11.0% in 1974. Since then the average has been 3.74% a year.

Other amounts from 1974

$500 in other decades

Everything about inflation in 1974