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Value of 1995 US Dollars today

$86 in 1995
$168.36 in 2023

The inflation rate in the United States between 1995 and today has been 95.77%, which translates into a total increase of $82.36. This means that 86 dollars in 1995 are equivalent to 168.36 dollars in 2023. In other words, the purchasing power of $86 in 1995 equals $168.36 today. The average annual inflation rate between these periods has been 2.43%.

Inflation timeline in the United States (1995 - 2023)

The following chart depicts the equivalence of $86 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 1995-2022 92.05%
Cumulative inflation 1995-today 95.77%
Avg. Annual inflation 1995-2022 2.45%
CPI 1995 64.29
CPI 2022 123.47
CPI 2022-12 (latest official data) 125.22
CPI today 125.86

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 2022, use the corresponding CPI values:

Value2022
=Value1995 ×
CPI2022/CPI1995
=$ 86 ×
123.47/64.29
$165.16

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 125.86:

Valuetoday
=Value1995 ×
CPItoday/CPI1995
=$ 86 ×
125.86/64.29
$168.36

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 $86 worth today. There are 27 years between 1995 and 2022 and the average inflation rate was 2.4465%. Therefore, we can resolve the formula like this:

Value2022
=PV × (1 + i)n
=$86 × (1 + 0.024465)27
$165.16

US inflation - Conversion table

Initial Value Equivalent value
$1 dollar in 1995 $1.92 dollars in 2022
$5 dollars in 1995 $9.6 dollars in 2022
$10 dollars in 1995 $19.21 dollars in 2022
$50 dollars in 1995 $96.03 dollars in 2022
$100 dollars in 1995 $192.05 dollars in 2022
$500 dollars in 1995 $960.26 dollars in 2022
$1,000 dollars in 1995 $1,920.52 dollars in 2022
$5,000 dollars in 1995 $9,602.59 dollars in 2022
$10,000 dollars in 1995 $19,205.18 dollars in 2022
$50,000 dollars in 1995 $96,025.88 dollars in 2022
$100,000 dollars in 1995 $192,051.75 dollars in 2022
$500,000 dollars in 1995 $960,258.76 dollars in 2022
$1,000,000 dollars in 1995 $1,920,517.51 dollars in 2022
Cumulative inflation From 1995 95.77%
Avg. annual inflation From 1995 2.43%
CPI 1995 64.29
CPI today 125.86

Value of Dollar over time (by year)

Period Value
1995 86
1996 88.52
1997 90.59
1998 92
1999 94.01
2000 97.18
2001 99.93
2002 101.52
2003 103.82
2004 106.6
2005 110.22
2006 113.77
2007 117.02
2008 121.51
2009 121.08
2010 123.06
2011 126.95
2012 129.58
2013 131.47
2014 133.61
2015 133.76
2016 135.45
2017 138.34
2018 141.72
2019 144.28
2020 146.06
2021 152.93
2022 165.16
2022-12 167.5
Today 168.36

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: