$500 in 2002 is worth $931.02 today

$500 in 2002 has the same buying power as

$931.02 in August 2026

That is 86% more, an average inflation rate of 2.61% a year over 24 years.

Put the other way, $500 today buys what $268.52 bought in 2002. Cash kept under the mattress since 2002 has lost 46% of its value.

$500 from nearby years

$500 inWorth in August 2026Inflation that year
1997$1,043.552.3%
1998$1,027.551.6%
1999$1,005.342.2%
2000$972.653.4%
2001$945.742.8%
2002$931.021.6%
2003$910.272.3%
2004$886.662.7%
2005$857.603.4%
2006$830.803.2%
2007$807.802.8%

How $500 from 2002 grew

$0.00$200$400$600$800$1000200520102015202020252026.625: $931
$500 from 2002 in each later year's dollars

$500 of 2002 spending, by category

Not everything rose at the same pace. What $500 spent on each of these in 2002 costs today:

CategoryCost in August 2026
Food$994.38
Rent$1,124.18
Gasoline$1,550.59
Medical care$1,038.17
New cars$641.84
College tuition$1,325.20
Electricity$1,138.24
Clothing$551.42

Try a different amount or date

$500.00 in 2002 has the same buying power as

$931.02 in August 2026

Prices rose 86.2% in total, an average of 2.61% a year.

Questions

How much is $500 in 2002 worth today?
$500 in 2002 is worth $931.02 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $500 in 2002?
You would need $931.02 to buy what $500 bought in 2002. That is 1.86 times as much.
How much buying power has $500 lost since 2002?
Kept as cash, $500 from 2002 buys only what $268.52 of 2002 money bought. It has lost 46% of its buying power.
What was inflation in 2002?
Prices rose 1.6% in 2002. Since then the average has been 2.61% a year.

Other amounts from 2002

$500 in other decades

Everything about inflation in 2002