$1 in 2023 had the same buying power as $1.11 in September 2026. Prices are 11% higher than in 2023, an average of 3.2% 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 90 cents bought in 2023.
Convert any amount from 2023 in the Inflation Calculator
2023 dollars in today's money
| In 2023 | In September 2026 |
|---|---|
| $1.00 | $1.11 |
| $5.00 | $5.53 |
| $10.00 | $11.06 |
| $20.00 | $22.12 |
| $50.00 | $55.29 |
| $100.00 | $111 |
| $500.00 | $553 |
| $1,000 | $1,106 |
| $10,000 | $11,058 |
What $100 from 2023 cost in the years since
Annual averages of CPI-U; 2026 uses September 2026. Source: BLS via FRED.
Inflation in 2023
Prices rose 4.1% in 2023, comparing its average CPI-U with 2022's. That ranks 33rd of the 112 years since 1914, from the highest inflation to the lowest.
Wages in 2023 and today
- The federal minimum wage was $7.25 an hour in 2023. $7.25 then is worth $8.02 in today's dollars; the federal minimum has been $7.25 since July 2009.
- Production and nonsupervisory workers earned an average of $28.93 an hour in 2023, or $31.99 in today's dollars. In September 2026 they averaged $32.54, so their pay buys 1.7% more than in 2023.
Prices in 2023 and today
U.S. average retail prices from the Bureau of Labor Statistics. Adjusted for inflation, 3 of these 7 items cost less today than they did in 2023, and the last column shows how long an average worker had to work to buy each one.
| Item | 2023 | In today's dollars | September 2026 | Minutes of work, then → now |
|---|---|---|---|---|
| Eggs, grade A large (per dozen) | $2.80 | $3.09 | $2.27 | 5.8 → 4.2 |
| White bread (per pound) | $1.96 | $2.17 | $1.83 | 4.1 → 3.4 |
| Whole milk (per gallon) | $4.03 | $4.45 | $4.11 | 8.4 → 7.6 |
| Ground beef (per pound) | $5.02 | $5.55 | $6.79 | 10 → 13 |
| Ground coffee (per pound) | $6.16 | $6.81 | $9.33 | 13 → 17 |
| Regular gasoline (per gallon) | $3.66 | $4.05 | $4.48 | 7.6 → 8.3 |
| Electricity (per kWh) | $0.168 | $0.186 | $0.196 | 0.3 → 0.4 |
What $100 from 2023 was worth over the years
| Year | $100 from 2023 is worth |
|---|---|
| 2024 | $103 |
| 2025 | $106 |
| September 2026 | $111 |
How this is calculated
Divide today's price index by the index for 2023, then multiply by the amount:
$100 × (336.94 ÷ 304.702) = $110.58
2023'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.