Value of a dollar · 2023
Value of a Dollar in 2023
$1 in 2023 had the same buying power as $1.06 in 2025. Prices rose 6% over those 2 years, an average of 2.79% a year.
- $100 from 2023 $106 in 2025 dollars
- Prices since +6% 1.06× the 2023 level
- Average inflation 2.79% a year, 2023–2025
- $100 in 2025 $94.64 in 2023 dollars
2023 dollars in 2025 money
| In 2023 | Worth in 2025 |
|---|---|
| $1 | $1.06 |
| $10 | $10.57 |
| $100 | $106 |
| $1,000 | $1,057 |
| $10,000 | $10,566 |
For a specific amount or a different pair of years, use the inflation calculator.
How $100 from 2023 kept pace
The amount needed in each later year to buy what $100 bought in 2023:
Prices have not yet doubled since 2023. The steepest single year along the way was 2024, when inflation reached 2.95%. Read what happened in 2024.
The federal minimum wage in 2023
The federal minimum wage was $7.25 an hour in 2023. In 2025 dollars that is about $7.66, compared with the actual $7.25 in 2025. Adjusted for inflation, the federal floor bought about 5% less in 2025 than it did in 2023. See today’s rates on minimum wage by state.
Borrowing in 2023
A 30-year fixed mortgage averaged 6.81% in 2023, against 7.4% this week. See mortgage rates in 2023.
For the inflation rate that year and the story behind it, see inflation in 2023.
Value of a dollar in 2023 — FAQ
How much is $1 from 2023 worth today?
$1 in 2023 buys about as much as $1.06 did in 2025, the latest full year of Consumer Price Index data. $100 from 2023 equals about $106.
How much have prices gone up since 2023?
Consumer prices rose about 6% from 2023 to 2025, so things cost about 1.06 times as much. That works out to an average of 2.79% a year.
What would $100 in 2025 have been worth in 2023?
$100 in 2025 had the buying power of about $94.64 in 2023.
Based on annual average Consumer Price Index levels. 2025 is the latest full year in the data, so “today” on this page means 2025 dollars.
Data: World Bank, World Development Indicators, via APIVerve. Our tables, charts and text are licensed CC BY-NC 4.0: share and adapt them for non-commercial use as long as you credit us. For commercial use or bulk data, use the APIVerve API. See the data terms. Cite as: Digest Your Finances, “Value of a Dollar by Year”, https://digestyourfinances.com/studies/value-of-a-dollar/2023/ — based on World Bank, World Development Indicators. CC BY-NC 4.0.
