$500 in 2004 is worth $886.66 today

$500 in 2004 has the same buying power as

$886.66 in August 2026

That is 77% more, an average inflation rate of 2.62% a year over 22 years.

Put the other way, $500 today buys what $281.96 bought in 2004. Cash kept under the mattress since 2004 has lost 44% of its value.

$500 from nearby years

$500 inWorth in August 2026Inflation that year
1999$1,005.342.2%
2000$972.653.4%
2001$945.742.8%
2002$931.021.6%
2003$910.272.3%
2004$886.662.7%
2005$857.603.4%
2006$830.803.2%
2007$807.802.8%
2008$777.933.8%
2009$780.70-0.4%

How $500 from 2004 grew

$0.00$200$400$600$800$1000200520102015202020252026.625: $887
$500 from 2004 in each later year's dollars

$500 of 2004 spending, by category

Not everything rose at the same pace. What $500 spent on each of these in 2004 costs today:

CategoryCost in August 2026
Food$940.97
Rent$1,063.97
Gasoline$1,126.29
Medical care$956.15
New cars$655.42
College tuition$1,116.87
Electricity$1,090.98
Clothing$567.91

Try a different amount or date

$500.00 in 2004 has the same buying power as

$886.66 in August 2026

Prices rose 77.3% in total, an average of 2.62% a year.

Questions

How much is $500 in 2004 worth today?
$500 in 2004 is worth $886.66 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $500 in 2004?
You would need $886.66 to buy what $500 bought in 2004. That is 1.77 times as much.
How much buying power has $500 lost since 2004?
Kept as cash, $500 from 2004 buys only what $281.96 of 2004 money bought. It has lost 44% of its buying power.
What was inflation in 2004?
Prices rose 2.7% in 2004. Since then the average has been 2.62% a year.

Other amounts from 2004

$500 in other decades

Everything about inflation in 2004