\$

# Inflation calculator - US Dollar

\$400,000 in 1990
\$895,939.39 in 2022

The inflation rate in the United States between 1990 and 2022 was 123.98%, which translates into a total increase of \$495,939.39. This means that 400,000 dollars in 1990 are equivalent to 895,939.39 dollars in 2022. In other words, the purchasing power of \$400,000 in 1990 equals \$895,939.39 in 2022. The average annual inflation rate between these periods was 2.55%.

## Inflation timeline in the United States (1990 - 2022)

The following chart depicts the equivalence of \$400,000 due to compound 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.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation from 1990 to 2022 123.98%
Avg. Annual inflation from 1990 to 2022 2.55%
CPI 1990 55.13
CPI 2022 123.47

## How to calculate the time value of money with inflation data?

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

### Using the CPI formula

When we have both the start and end years, we can use the following formula:

Valuet =Value0 ×
CPIt/CPI0

To obtain the values equivalent in buying power between 1990 and 2022, use the corresponding CPI values:

Value2022
=Value1990 ×
CPI2022/CPI1990
=\$ 400,000 ×
123.47/55.13
\$895,939.39

### Alternative: Using the compound interest formula

Given that money changes with time as a result of an inflation rate that acts as compound interest, we can use the following formula: 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 \$400,000 worth today. There are 32 years between 1990 and 2022 and the average inflation rate was 2.552%. Therefore, we can resolve the formula like this:

Value2022
=PV × (1 + i)n
=\$400,000 × (1 + 0.02552)32
\$895,939.39

## US inflation - Conversion table

Initial Value Equivalent value
\$1 dollar in 1990 \$2.24 dollars in 2022
\$5 dollars in 1990 \$11.2 dollars in 2022
\$10 dollars in 1990 \$22.4 dollars in 2022
\$50 dollars in 1990 \$111.99 dollars in 2022
\$100 dollars in 1990 \$223.98 dollars in 2022
\$500 dollars in 1990 \$1,119.92 dollars in 2022
\$1,000 dollars in 1990 \$2,239.85 dollars in 2022
\$5,000 dollars in 1990 \$11,199.24 dollars in 2022
\$10,000 dollars in 1990 \$22,398.48 dollars in 2022
\$50,000 dollars in 1990 \$111,992.42 dollars in 2022
\$100,000 dollars in 1990 \$223,984.85 dollars in 2022
\$500,000 dollars in 1990 \$1,119,924.23 dollars in 2022
\$1,000,000 dollars in 1990 \$2,239,848.46 dollars in 2022
 Cumulative inflation 1990-2022 123.98% Avg. annual inflation 1990-2022 2.55% CPI 1990 55.13 CPI 2022 123.47

### Value of Dollar over time (by year)

Period Value
1990 400,000
1991 416,939.91
1992 429,568.26
1993 442,247.62
1994 453,778.99
1995 466,509.35
1996 480,183.74
1997 491,408.9
1998 499,037.01
1999 509,956.04
2000 527,176.54
2001 542,075.39
2002 550,672.91
2003 563,173.7
2004 578,251.19
2005 597,869.83
2006 617,156.72
2007 634,762.24
2008 659,131.37
2009 656,787.87
2010 667,559.46
2011 688,633.31
2012 702,883.39
2013 713,179.48
2014 724,748.88
2015 725,608.58
2016 734,762.85
2017 750,414.23
2018 768,743.1
2019 782,674.79
2020 792,329.74
2021 829,552.01
2022 895,939.39

All available years

Today's value of US dollars by year:

1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |

Other currencies: