$

Value of 2009 US Dollars today

$10,500 in 2009
$15,097.05 in 2024

The inflation rate in the United States between 2009 and today has been 43.78%, which translates into a total increase of $4,597.05. This means that 10,500 dollars in 2009 are equivalent to 15,097.05 dollars in 2022. In other words, the purchasing power of $10,500 in 2009 equals $15,097.05 today. The average annual inflation rate between these periods has been 2.63%.

Inflation timeline in the United States (2009 - 2024)

The following chart depicts the equivalence of $10,500 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 2009-2022 36.41%
Cumulative inflation 2009-today 43.78%
Avg. Annual inflation 2009-2022 2.42%
CPI 2009 90.52
CPI 2022 123.47
CPI 2023-12 (latest official data) 129.42
CPI today 130.14

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 2009 and 2022, use the corresponding CPI values:

Value2022
=Value2009 ×
CPI2022/CPI2009
=$ 10,500 ×
123.47/90.52
$14,323.29

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 130.14:

Valuetoday
=Value2009 ×
CPItoday/CPI2009
=$ 10,500 ×
130.14/90.52
$15,097.05

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 $10,500 worth today. There are 13 years between 2009 and 2022 and the average inflation rate was 2.4173%. Therefore, we can resolve the formula like this:

Value2022
=PV × (1 + i)n
=$10,500 × (1 + 0.024173)13
$14,323.29

US inflation - Conversion table

Initial Value Equivalent value
$1 dollar in 2009 $1.36 dollars in 2022
$5 dollars in 2009 $6.82 dollars in 2022
$10 dollars in 2009 $13.64 dollars in 2022
$50 dollars in 2009 $68.21 dollars in 2022
$100 dollars in 2009 $136.41 dollars in 2022
$500 dollars in 2009 $682.06 dollars in 2022
$1,000 dollars in 2009 $1,364.12 dollars in 2022
$5,000 dollars in 2009 $6,820.61 dollars in 2022
$10,000 dollars in 2009 $13,641.23 dollars in 2022
$50,000 dollars in 2009 $68,206.15 dollars in 2022
$100,000 dollars in 2009 $136,412.29 dollars in 2022
$500,000 dollars in 2009 $682,061.46 dollars in 2022
$1,000,000 dollars in 2009 $1,364,122.92 dollars in 2022
Cumulative inflation From 2009 43.78%
Avg. annual inflation From 2009 2.63%
CPI 2009 90.52
CPI today 130.14

Value of Dollar over time (by year)

Period Value
2009 10,500
2010 10,672.2
2011 11,009.11
2012 11,236.92
2013 11,401.53
2014 11,586.49
2015 11,600.23
2016 11,746.58
2017 11,996.8
2018 12,289.82
2019 12,512.54
2020 12,666.89
2021 13,261.96
2022 14,323.29
2023-12 15,012.95
Today 15,097.05

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 | 2023 |

Other currencies: