$500 in 1996 is worth $1,067.50 today

$500 in 1996 has the same buying power as

$1,067.50 in August 2026

That is 113% more, an average inflation rate of 2.55% a year over 30 years.

Put the other way, $500 today buys what $234.19 bought in 1996. Cash kept under the mattress since 1996 has lost 53% of its value.

$500 from nearby years

$500 inWorth in August 2026Inflation that year
1991$1,229.744.2%
1992$1,193.803.0%
1993$1,159.103.0%
1994$1,130.162.6%
1995$1,099.022.8%
1996$1,067.503.0%
1997$1,043.552.3%
1998$1,027.551.6%
1999$1,005.342.2%
2000$972.653.4%
2001$945.742.8%

How $500 from 1996 grew

$0.00$200$400$600$800$1000$12002000200520102015202020252026.625: $1067
$500 from 1996 in each later year's dollars

$500 of 1996 spending, by category

Not everything rose at the same pace. What $500 spent on each of these in 1996 costs today:

CategoryCost in August 2026
Food$1,142.92
Rent$1,385.79
Gasoline$1,698.48
Medical care$1,299.31
New cars$625.31
College tuition$1,764.72
Electricity$1,176.24
Clothing$519.18

Try a different amount or date

$500.00 in 1996 has the same buying power as

$1,067.50 in August 2026

Prices rose 113.5% in total, an average of 2.55% a year.

Questions

How much is $500 in 1996 worth today?
$500 in 1996 is worth $1,067.50 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $500 in 1996?
You would need $1,067.50 to buy what $500 bought in 1996. That is 2.13 times as much.
How much buying power has $500 lost since 1996?
Kept as cash, $500 from 1996 buys only what $234.19 of 1996 money bought. It has lost 53% of its buying power.
What was inflation in 1996?
Prices rose 3.0% in 1996. Since then the average has been 2.55% a year.

Other amounts from 1996

$500 in other decades

Everything about inflation in 1996