$1 in 1983 is worth $3.43 today

A dollar in January 1983 had the same buying power as $3.43 in Aug 2026. Prices have risen 243% since then. Change the amount or the months below.

US CPI data through Aug 2026, updated monthly. How we calculate
From
To

$1 in Jan 1983 is worth, in Aug 2026

$3.43

Prices rose 242.5% in total, about 2.87% a year. Cash kept under the mattress since Jan 1983 now buys only 29% of what it used to.

242.5%Total inflation
2.87%Average per year
29%Buying power left in cash
$0$1$2$3$4Jan 1983Jan 1989Jan 1995Jan 2001Jan 2007Jan 2013Jan 2019Jan 2025
Cost of what $1 bought in Jan 1983

US Consumer Price Index (CPI-U, all items, not seasonally adjusted), Bureau of Labor Statistics. Data through Aug 2026. Oct 2025 was not published and is estimated from the months around it.

What $1 from 1983 is worth now

$3.43Same buying power today
243%Price rise since 1983
2.9%Average inflation a year
29%Buying power left in cash

Prices in the US have risen 243% since 1983, so it takes $3.43 today to buy what $1 bought then. Put the other way, $1 kept in cash since 1983 now buys only 29% of what it did.

That is an average of 2.9% a year over 44 years. Inflation was mostly moderate, around 2% to 3% a year, until the jump of 2021 and 2022.

For contrast, $1 put into the S&P 500 in January 1983, with dividends reinvested, would be worth about $141 today, 41× what inflation alone requires. Cash loses buying power; invested money has historically outgrown it.

$1 from 1983 in later years
YearSame buying power
1983$1.00
1990$1.30
2000$1.73
2010$2.22
2020$2.64
Aug 2026$3.43

CPI in January of each year; the last row uses the latest month.

Other years

Common questions

How much is $1 from 1983 worth today?

About $3.43 in Aug 2026 dollars, based on the US Consumer Price Index (CPI-U) from January 1983.

How much have prices gone up since 1983?

243% in total, or about 2.9% a year on average.

What would $1 in 1983 buy today?

It buys about 29% of what it bought in 1983. You would need $3.43 to buy the same things.

How is this calculated?

Today's value = $1 × (latest CPI ÷ CPI in January 1983). CPI is the Bureau of Labor Statistics measure of the prices US households pay.

Based on the US Consumer Price Index for All Urban Consumers (CPI-U), all items, from the Bureau of Labor Statistics. Individual prices, such as homes, college or healthcare, rose faster or slower than the average.

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