$500 in 1978 is worth $2,568.87 today

$500 in 1978 has the same buying power as

$2,568.87 in August 2026

That is 414% more, an average inflation rate of 3.46% a year over 48 years.

Put the other way, $500 today buys what $97.32 bought in 1978. Cash kept under the mattress since 1978 has lost 81% of its value.

$500 from nearby years

$500 inWorth in August 2026Inflation that year
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%
1980$2,032.6513.5%
1981$1,842.5710.3%
1982$1,735.656.2%
1983$1,681.633.2%

How $500 from 1978 grew

$0.00$500$1000$1500$2000$2500$3000198019902000201020202026.625: $2569
$500 from 1978 in each later year's dollars

$500 of 1978 spending, by category

Not everything rose at the same pace. What $500 spent on each of these in 1978 costs today:

CategoryCost in August 2026
Food$2,433.46
Rent$3,239.52
Gasoline$3,472.37
Medical care$4,797.76
New cars$1,183.89
College tuition$8,243.22
Electricity$2,545.62
Clothing$840.00

Try a different amount or date

$500.00 in 1978 has the same buying power as

$2,568.87 in August 2026

Prices rose 413.8% in total, an average of 3.46% a year.

Questions

How much is $500 in 1978 worth today?
$500 in 1978 is worth $2,568.87 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $500 in 1978?
You would need $2,568.87 to buy what $500 bought in 1978. That is 5.14 times as much.
How much buying power has $500 lost since 1978?
Kept as cash, $500 from 1978 buys only what $97.32 of 1978 money bought. It has lost 81% of its buying power.
What was inflation in 1978?
Prices rose 7.6% in 1978. Since then the average has been 3.46% a year.

Other amounts from 1978

$500 in other decades

Everything about inflation in 1978