$1,000 in 2020 is worth $1,294.30 today

$1,000 in 2020 has the same buying power as

$1,294.30 in August 2026

That is 29% more, an average inflation rate of 4.30% a year over 6 years.

Put the other way, $1,000 today buys what $772.62 bought in 2020. Cash kept under the mattress since 2020 has lost 23% of its value.

$1,000 from nearby years

$1,000 inWorth in August 2026Inflation that year
2015$1,413.320.1%
2016$1,395.711.3%
2017$1,366.602.1%
2018$1,334.012.4%
2019$1,310.271.8%
2020$1,294.301.2%
2021$1,236.234.7%
2022$1,144.628.0%
2023$1,099.374.1%
2024$1,067.872.9%
2025$1,040.492.6%

How $1,000 from 2020 grew

$0.00$200$400$600$800$1000$1200$140020202021202220232024202520262026.625: $1294
$1,000 from 2020 in each later year's dollars

$1,000 of 2020 spending, by category

Not everything rose at the same pace. What $1,000 spent on each of these in 2020 costs today:

CategoryCost in August 2026
Food$1,311.35
Rent$1,314.90
Gasoline$1,853.08
Medical care$1,142.86
New cars$1,217.58
College tuition$1,125.70
Electricity$1,444.71
Clothing$1,158.14

Try a different amount or date

$1,000.00 in 2020 has the same buying power as

$1,294.30 in August 2026

Prices rose 29.4% in total, an average of 4.30% a year.

Questions

How much is $1,000 in 2020 worth today?
$1,000 in 2020 is worth $1,294.30 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $1,000 in 2020?
You would need $1,294.30 to buy what $1,000 bought in 2020. That is 1.29 times as much.
How much buying power has $1,000 lost since 2020?
Kept as cash, $1,000 from 2020 buys only what $772.62 of 2020 money bought. It has lost 23% of its buying power.
What was inflation in 2020?
Prices rose 1.2% in 2020. Since then the average has been 4.30% a year.

Other amounts from 2020

$1,000 in other decades

Everything about inflation in 2020