$1 in 2023 is worth $1.12 today
A dollar in January 2023 had the same buying power as $1.12 in Aug 2026. Prices have risen 12% since then. Change the amount or the months below.
US CPI data through Aug 2026, updated monthly. How we calculate$1 in Jan 2023 is worth, in Aug 2026
Prices rose 12.0% in total, about 3.21% a year. Cash kept under the mattress since Jan 2023 now buys only 89% of what it used to.
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 2023 is worth now
Prices in the US have risen 12% since 2023, so it takes $1.12 today to buy what $1 bought then. Put the other way, $1 kept in cash since 2023 now buys only 89% of what it did.
That is an average of 3.2% a year over 4 years. This period includes the 2021–2023 jump in prices, the fastest in about 40 years.
For contrast, $1 put into the S&P 500 in January 2023, with dividends reinvested, would be worth about $2.03 today, 1.8× what inflation alone requires. Cash loses buying power; invested money has historically outgrown it.
Other years
Common questions
How much is $1 from 2023 worth today?
About $1.12 in Aug 2026 dollars, based on the US Consumer Price Index (CPI-U) from January 2023.
How much have prices gone up since 2023?
12% in total, or about 3.2% a year on average.
What would $1 in 2023 buy today?
It buys about 89% of what it bought in 2023. You would need $1.12 to buy the same things.
How is this calculated?
Today's value = $1 × (latest CPI ÷ CPI in January 2023). 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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