# Value of 1990 US Dollars today

\$100 in 1990

\$206.76 in 2021

The inflation rate in the United States between 1990 and today has been 106.76%, which translates into a total increase of \$106.76. This means that 100 dollars in 1990 are equivalent to 206.76 dollars in 2021. In other words, the purchasing power of \$100 in 1990 equals \$206.76 today. The average annual inflation rate has been 2.3%.

## Inflation timeline in the United States (1990-2021)

The following chart depicts the equivalence of \$100 throughout the years due to inflation and CPI changes. All values are equivalent in terms of purchasing power, which means that for each year the same goods or services could be bought with the indicated amount of money.

All calculations are performed in the local currency (USD) and using 6 decimal digits. Results show only up to 2 decimal digits to favour readability. Inflation data is provided by governments and international institutions on a monthly basis. Today's values were obtained by estimating figures from recent trends.

The following table contains relevant indicators:

Indicator Value
Total Inflation (1990-2021) 106.56%
Total Inflation* 106.76%
Annual inflation avg. (1990-2021) 2.37%
Annual inflation avg.* 2.3%
CPI 1990 53.2
CPI 2021 109.9
CPI today* 110
\$1 in 1990 \$2.07 in 2021

* Values extrapolated from the last official data to obtain today's values.

## How to calculate today's value of money after inflation?

There are several ways to calculate the time value of money. Depending on the data available, results can be obtained by using the compound interest formula or the Consumer Price Index (CPI) formula.

#### Using the compound interest formula

Given that money changes with time as a result of an inflation rate that acts as a compound interest, the following formula can be used: FV = PV (1 + i)n, where:

• FV: Future Value
• PV: Present Value
• i: Interest rate (inflation)
• n: Number of times the interest is compounded (i.e. # of years)

In this case, the future value represents the final amount obtained after applying the inflation rate to our initial value. In other words, it indicates how much are \$100 worth today. There are 31 years between 1990 and 2021 and the average inflation rate has been 2.2959%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = \$100 * (1 + 0.02)31 = \$206.56

#### Using the CPI formula

When the CPI for both start and end years is known, the following formula can be used:

Final value = Initial value *
CPI final/CPI initial

In this case, the CPI in 1990 was 53.2 and the CPI today is 110. Therefore,

Final value = Initial value *
CPI final/CPI initial
= \$100 *
109.9/53.2
= \$206.56

### USA inflation - Conversion table

Initial Value Equivalent value
\$1 dollar in 1990 \$2.07 dollars today
\$5 dollars in 1990 \$10.34 dollars today
\$10 dollars in 1990 \$20.68 dollars today
\$50 dollars in 1990 \$103.38 dollars today
\$100 dollars in 1990 \$206.76 dollars today
\$500 dollars in 1990 \$1,033.78 dollars today
\$1,000 dollars in 1990 \$2,067.57 dollars today
\$5,000 dollars in 1990 \$10,337.85 dollars today
\$10,000 dollars in 1990 \$20,675.69 dollars today
\$50,000 dollars in 1990 \$103,378.47 dollars today
\$100,000 dollars in 1990 \$206,756.93 dollars today
\$500,000 dollars in 1990 \$1,033,784.66 dollars today
\$1,000,000 dollars in 1990 \$2,067,569.31 dollars today

Period Value
1990 100
1991 106.11
1992 109.36
1993 112.53
1994 115.62
1995 118.72
1996 121.73
1997 125.77
1998 127.91
1999 129.98
2000 133.47
2001 137.99
2002 140.13
2003 143.46
2004 146.15
2005 150.91
2006 156.07
2007 160.03
2008 166.56
2009 166.72
2010 171.25
2011 173.81
2012 178.96
2013 182.08
2014 184.81
2015 186.21
2016 187.57
2017 191.46
2018 195.5
2019 199.23
2020 203.79
2021 206.56
Today 206.76