$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 in | Worth in August 2026 | Inflation that year |
|---|---|---|
| 1973 | $3,772.30 | 6.2% |
| 1974 | $3,397.36 | 11.0% |
| 1975 | $3,113.20 | 9.1% |
| 1976 | $2,943.59 | 5.8% |
| 1977 | $2,763.86 | 6.5% |
| 1978 | $2,568.87 | 7.6% |
| 1979 | $2,307.02 | 11.3% |
| 1980 | $2,032.65 | 13.5% |
| 1981 | $1,842.57 | 10.3% |
| 1982 | $1,735.65 | 6.2% |
| 1983 | $1,681.63 | 3.2% |
How $500 from 1978 grew
$500 of 1978 spending, by category
Not everything rose at the same pace. What $500 spent on each of these in 1978 costs today:
| Category | Cost 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
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
- $1 in 1978
- $5 in 1978
- $10 in 1978
- $20 in 1978
- $50 in 1978
- $100 in 1978
- $1,000 in 1978
- $5,000 in 1978
- $10,000 in 1978
- $20,000 in 1978
- $50,000 in 1978
- $100,000 in 1978
- $1 million in 1978