$500 in 1981 is worth $1,842.57 today

$500 in 1981 has the same buying power as

$1,842.57 in August 2026

That is 269% more, an average inflation rate of 2.93% a year over 45 years.

Put the other way, $500 today buys what $135.68 bought in 1981. Cash kept under the mattress since 1981 has lost 73% of its value.

$500 from nearby years

$500 inWorth in August 2026Inflation that year
1976$2,943.595.8%
1977$2,763.866.5%
1978$2,568.877.6%
1979$2,307.0211.3%
1980$2,032.6513.5%
1981$1,842.5710.3%
1982$1,735.656.2%
1983$1,681.633.2%
1984$1,612.034.3%
1985$1,556.603.6%
1986$1,528.191.9%

How $500 from 1981 grew

$0.00$500$1000$1500$200019902000201020202026.625: $1843
$500 from 1981 in each later year's dollars

$500 of 1981 spending, by category

Not everything rose at the same pace. What $500 spent on each of these in 1981 costs today:

CategoryCost in August 2026
Food$1,871.89
Rent$2,554.02
Gasoline$1,657.78
Medical care$3,576.62
New cars$956.95
College tuition$6,203.13
Electricity$1,777.85
Clothing$717.48

Try a different amount or date

$500.00 in 1981 has the same buying power as

$1,842.57 in August 2026

Prices rose 268.5% in total, an average of 2.93% a year.

Questions

How much is $500 in 1981 worth today?
$500 in 1981 is worth $1,842.57 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $500 in 1981?
You would need $1,842.57 to buy what $500 bought in 1981. That is 3.69 times as much.
How much buying power has $500 lost since 1981?
Kept as cash, $500 from 1981 buys only what $135.68 of 1981 money bought. It has lost 73% of its buying power.
What was inflation in 1981?
Prices rose 10.3% in 1981. Since then the average has been 2.93% a year.

Other amounts from 1981

$500 in other decades

Everything about inflation in 1981