Adjust money values for US inflation using historical CPI data from 1950 to 2024.
$1,000.00 in 2000 is worth in 2024
$1,824.62
Total Inflation (2000–2024)
82.46%
Avg Annual Inflation
2.54%
CPI in 2000
172.2
CPI in 2024
314.2
Purchasing Power Change
$1 in 2000 buys what $1.82 buys in 2024.
Over 24 years, average inflation was 2.54% per year.
The Consumer Price Index (CPI) measures the average change over time in the prices paid by urban consumers for a basket of goods and services. The Bureau of Labor Statistics (BLS) publishes CPI data monthly. This calculator uses annual CPI averages to adjust dollar values for inflation across any two years from 1950 to 2024.
If $1,000 in 2000 is equivalent to $1,824 in 2024, that means prices roughly doubled over 24 years. Your $1,000 in 2000 had more purchasing power — it would cost $1,824 today to buy the same goods. Conversely, $1,000 today only buys what $548 bought in 2000.
The US has experienced an average inflation rate of approximately 3–4% per year since 1950. The highest inflation in recent history occurred in 2022 (about 8%), driven by supply chain disruptions and stimulus spending following the COVID-19 pandemic. The Fed targets 2% annual inflation as its long-term goal.