$20 in 1998 is worth $41.10 today

$20 in 1998 has the same buying power as

$41.10 in August 2026

That is 106% more, an average inflation rate of 2.59% a year over 28 years.

Put the other way, $20 today buys what $9.73 bought in 1998. Cash kept under the mattress since 1998 has lost 51% of its value.

$20 from nearby years

$20 inWorth in August 2026Inflation that year
1993$46.363.0%
1994$45.212.6%
1995$43.962.8%
1996$42.703.0%
1997$41.742.3%
1998$41.101.6%
1999$40.212.2%
2000$38.913.4%
2001$37.832.8%
2002$37.241.6%
2003$36.412.3%

How $20 from 1998 grew

$0.00$10$20$30$40$502000200520102015202020252026.625: $41
$20 from 1998 in each later year's dollars

$20 of 1998 spending, by category

Not everything rose at the same pace. What $20 spent on each of these in 1998 costs today:

CategoryCost in August 2026
Food$43.61
Rent$52.18
Gasoline$78.55
Medical care$48.99
New cars$25.06
College tuition$64.44
Electricity$48.67
Clothing$20.56

Try a different amount or date

$20.00 in 1998 has the same buying power as

$41.10 in August 2026

Prices rose 105.5% in total, an average of 2.59% a year.

Questions

How much is $20 in 1998 worth today?
$20 in 1998 is worth $41.10 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $20 in 1998?
You would need $41.10 to buy what $20 bought in 1998. That is 2.06 times as much.
How much buying power has $20 lost since 1998?
Kept as cash, $20 from 1998 buys only what $9.73 of 1998 money bought. It has lost 51% of its buying power.
What was inflation in 1998?
Prices rose 1.6% in 1998. Since then the average has been 2.59% a year.

Other amounts from 1998

$20 in other decades

Everything about inflation in 1998