Value of a dollar by year

What is a 2024 dollar worth today?

Last updated November 2, 2026

$1 in 2024 had the same buying power as $1.07 in September 2026. Prices are 7.4% higher than in 2024, an average of 3.3% 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 93 cents bought in 2024.

Convert any amount from 2024 in the Inflation Calculator

2024 dollars in today's money

In 2024In September 2026
$1.00$1.07
$5.00$5.37
$10.00$10.74
$20.00$21.48
$50.00$53.71
$100.00$107
$500.00$537
$1,000$1,074
$10,000$10,741

What $100 from 2024 cost in the years since

What $100 from 2024 cost in each year from 2024 to September 2026$0$50$100$150202420252026

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

Inflation in 2024

Prices rose 2.9% in 2024, comparing its average CPI-U with 2023's. That ranks 50th of the 112 years since 1914, from the highest inflation to the lowest.

YearInflation
20228.0%
20234.1%
20242.9%
20252.6%

Wages in 2024 and today

  • The federal minimum wage was $7.25 an hour in 2024. $7.25 then is worth $7.79 in today's dollars; the federal minimum has been $7.25 since July 2009.
  • Production and nonsupervisory workers earned an average of $30.12 an hour in 2024, or $32.36 in today's dollars. In September 2026 they averaged $32.54, so their pay buys 0.6% more than in 2024.

Prices in 2024 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 2024, and the last column shows how long an average worker had to work to buy each one.

Item2024In today's dollarsSeptember 2026Minutes of work, then → now
Eggs, grade A large (per dozen)$3.17$3.41$2.276.3 → 4.2
White bread (per pound)$1.97$2.12$1.833.9 → 3.4
Whole milk (per gallon)$3.98$4.28$4.117.9 → 7.6
Ground beef (per pound)$5.39$5.79$6.7911 → 13
Ground coffee (per pound)$6.32$6.79$9.3313 → 17
Regular gasoline (per gallon)$3.45$3.70$4.486.9 → 8.3
Electricity (per kWh)$0.176$0.189$0.1960.4 → 0.4

What $100 from 2024 was worth over the years

Year$100 from 2024 is worth
2025$103
September 2026$107

How this is calculated

Divide today's price index by the index for 2024, then multiply by the amount:

$100 × (336.94 ÷ 313.689) = $107.41

2024'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.