DigestYourFinances

Value of a dollar · 2024

Value of a Dollar in 2024

$1 in 2024 had the same buying power as $1.03 in 2025. Prices rose 3% over those 1 years, an average of 2.63% a year.

  • $100 from 2024 $103 in 2025 dollars
  • Prices since +3% 1.03× the 2024 level
  • Average inflation 2.63% a year, 2024–2025
  • $100 in 2025 $97.43 in 2024 dollars

2024 dollars in 2025 money

In 2024Worth in 2025
$1$1.03
$10$10.26
$100$103
$1,000$1,026
$10,000$10,263

For a specific amount or a different pair of years, use the inflation calculator.

How $100 from 2024 kept pace

The amount needed in each later year to buy what $100 bought in 2024:

  1. 2024 $100
  2. 2025 $103

Prices have not yet doubled since 2024. The steepest single year along the way was 2025, when inflation reached 2.63%.

The federal minimum wage in 2024

The federal minimum wage was $7.25 an hour in 2024. In 2025 dollars that is about $7.44, compared with the actual $7.25 in 2025. Adjusted for inflation, the federal floor bought about 3% less in 2025 than it did in 2024. See today’s rates on minimum wage by state.

Borrowing in 2024

A 30-year fixed mortgage averaged 6.72% in 2024, against 7.4% this week. See mortgage rates in 2024.

For the inflation rate that year and the story behind it, see inflation in 2024.

Value of a dollar in 2024 — FAQ

How much is $1 from 2024 worth today?

$1 in 2024 buys about as much as $1.03 did in 2025, the latest full year of Consumer Price Index data. $100 from 2024 equals about $103.

How much have prices gone up since 2024?

Consumer prices rose about 3% from 2024 to 2025, so things cost about 1.03 times as much. That works out to an average of 2.63% a year.

What would $100 in 2025 have been worth in 2024?

$100 in 2025 had the buying power of about $97.43 in 2024.

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/2024/ — based on World Bank, World Development Indicators. CC BY-NC 4.0.

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