$

Value of 1995 US Dollars today

$245,573 in 1995
$482,604.4 in 2022

The inflation rate in the United States between 1995 and today has been 96.52%, which translates into a total increase of $237,031.4. This means that 245,573 dollars in 1995 are equivalent to 482,604.4 dollars in 2022. In other words, the purchasing power of $245,573 in 1995 equals $482,604.4 today. The average annual inflation rate between these periods has been 2.53%.

Inflation timeline in the United States (1995 - 2022)

The following chart depicts the equivalence of $245,573 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. Today's values were extrapolated from the latest 12-month rolling average official data.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation 1995-2021 77.82%
Cumulative inflation 1995-today 96.52%
Avg. Annual inflation 1995-2021 2.24%
CPI 1995 64.29
CPI 2021 114.33
CPI 2022-10 (latest official data) 125.73
CPI today 126.35

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 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 1995 and 2021, use the corresponding CPI values:

Value2021
=Value1995 ×
CPI2021/CPI1995
=$ 245,573 ×
114.33/64.29
$436,680.58

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 126.35:

Valuetoday
=Value1995 ×
CPItoday/CPI1995
=$ 245,573 ×
126.35/64.29
$482,604.4

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 $245,573 worth today. There are 26 years between 1995 and 2021 and the average inflation rate was 2.2386%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=$245,573 × (1 + 0.022386)26
$436,680.58

US inflation - Conversion table

Initial Value Equivalent value
$1 dollar in 1995 $1.78 dollars in 2021
$5 dollars in 1995 $8.89 dollars in 2021
$10 dollars in 1995 $17.78 dollars in 2021
$50 dollars in 1995 $88.91 dollars in 2021
$100 dollars in 1995 $177.82 dollars in 2021
$500 dollars in 1995 $889.11 dollars in 2021
$1,000 dollars in 1995 $1,778.21 dollars in 2021
$5,000 dollars in 1995 $8,891.05 dollars in 2021
$10,000 dollars in 1995 $17,782.11 dollars in 2021
$50,000 dollars in 1995 $88,910.54 dollars in 2021
$100,000 dollars in 1995 $177,821.09 dollars in 2021
$500,000 dollars in 1995 $889,105.44 dollars in 2021
$1,000,000 dollars in 1995 $1,778,210.87 dollars in 2021
Cumulative inflation From 1995 96.52%
Avg. annual inflation From 1995 2.53%
CPI 1995 64.29
CPI today 126.35

Value of Dollar over time (by year)

Period Value
1995 245,573
1996 252,771.27
1997 258,680.25
1998 262,695.73
1999 268,443.57
2000 277,508.53
2001 285,351.36
2002 289,877.14
2003 296,457.62
2004 304,394.49
2005 314,721.85
2006 324,874.57
2007 334,142.21
2008 346,970.25
2009 345,736.62
2010 351,406.84
2011 362,500.23
2012 370,001.55
2013 375,421.46
2014 381,511.65
2015 381,964.21
2016 386,783.07
2017 395,022.03
2018 404,670.45
2019 412,004.16
2020 417,086.58
2021 436,680.58
2022-10 480,260.4
Today 482,604.4

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 |

Other currencies: