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Inflation Calculator: USD in United States

$1,000 in 2020
Is equivalent to in 2024
$1,212.02
📉 Purchasing power lost: -17.5%
Period
2020 → 2024
(4 years)
Total Inflation
+21.2%
Annual Rate
4.92%
avg/year

Value Over Time

Year-by-Year Historical Data

Year CPI Equivalent Value Annual Change
2020 262.05 $1,000.00 -
2021 280.81 $1,071.59 +7.2%
2022 298.81 $1,140.29 +6.4%
2023 308.74 $1,178.18 +3.3%
2024 317.60 $1,212.02 +2.9%

Inflation in United States: Historical Context

Inflation in United States has varied significantly since 2020. Using official World Bank data for USD, we calculate that $1,000 in 2020 is equivalent to $1,212.02 in 2024. This represents a cumulative inflation of 21.2% over 4 years.

Inflation in related countries

Data Source: World Bank (FP.CPI.TOTL)