Value of a dollar by year

What is a 2008 dollar worth today?

Last updated November 2, 2026

$1 in 2008 had the same buying power as $1.56 in September 2026. Prices are 56% higher than in 2008, an average of 2.5% a year, based on the U.S. Consumer Price Index (CPI-U) from the Bureau of Labor Statistics.

A dollar in September 2026 buys what 64 cents bought in 2008.

Convert any amount from 2008 in the Inflation Calculator

2008 dollars in today's money

In 2008In September 2026
$1.00$1.56
$5.00$7.82
$10.00$15.65
$20.00$31.30
$50.00$78.25
$100.00$156
$500.00$782
$1,000$1,565
$10,000$15,650

What $100 from 2008 cost in the years since

What $100 from 2008 cost in each year from 2008 to September 2026$0$50$100$150$200200820122016202020242026

Annual averages of CPI-U; 2026 uses September 2026. Source: BLS via FRED.

Inflation in 2008

Prices rose 3.8% in 2008, comparing its average CPI-U with 2007's. That ranks 35th of the 112 years since 1914, from the highest inflation to the lowest.

YearInflation
20063.2%
20072.9%
20083.8%
2009-0.4%
20101.6%

Wages in 2008 and today

  • The federal minimum wage rose from $5.85 to $6.55 an hour in July 2008. $6.55 then is worth $10.25 in today's dollars; the federal minimum has been $7.25 since July 2009.
  • Production and nonsupervisory workers earned an average of $18.06 an hour in 2008, or $28.26 in today's dollars. In September 2026 they averaged $32.54, so their pay buys 15.1% more than in 2008.

Prices in 2008 and today

U.S. average retail prices from the Bureau of Labor Statistics. Adjusted for inflation, 4 of these 6 items cost less today than they did in 2008, and the last column shows how long an average worker had to work to buy each one.

Item2008In today's dollarsSeptember 2026Minutes of work, then → now
Eggs, grade A large (per dozen)$1.99$3.11$2.276.6 → 4.2
White bread (per pound)$1.37$2.14$1.834.5 → 3.4
Whole milk (per gallon)$3.80$5.94$4.1113 → 7.6
Ground beef (per pound)$2.34$3.67$6.797.8 → 13
Regular gasoline (per gallon)$3.27$5.11$4.4811 → 8.3
Electricity (per kWh)$0.123$0.192$0.1960.4 → 0.4

What $100 from 2008 was worth over the years

Year$100 from 2008 is worth
2018$117
2025$150
September 2026$156

How this is calculated

Divide today's price index by the index for 2008, then multiply by the amount:

$100 × (336.94 ÷ 215.303) = $156.50

2008's index is the average of its monthly CPI-U values; today's is the latest month, September 2026. Other calculators can differ slightly if they use a different month or index. More in our methodology.

Data: CPI-U through September 2026. Next BLS release: November 10, 2026. Source: U.S. Bureau of Labor Statistics, via FRED; prices and wages from BLS average price data and Current Employment Statistics; minimum wage from the U.S. Department of Labor.