$500 in 2008 is worth $777.93 today
$500 in 2008 has the same buying power as
$777.93 in August 2026
That is 56% more, an average inflation rate of 2.47% a year over 18 years.
Put the other way, $500 today buys what $321.37 bought in 2008. Cash kept under the mattress since 2008 has lost 36% of its value.
$500 from nearby years
| $500 in | Worth in August 2026 | Inflation that year |
|---|---|---|
| 2003 | $910.27 | 2.3% |
| 2004 | $886.66 | 2.7% |
| 2005 | $857.60 | 3.4% |
| 2006 | $830.80 | 3.2% |
| 2007 | $807.80 | 2.8% |
| 2008 | $777.93 | 3.8% |
| 2009 | $780.70 | -0.4% |
| 2010 | $768.11 | 1.6% |
| 2011 | $744.60 | 3.2% |
| 2012 | $729.51 | 2.1% |
| 2013 | $718.97 | 1.5% |
How $500 from 2008 grew
$500 of 2008 spending, by category
Not everything rose at the same pace. What $500 spent on each of these in 2008 costs today:
| Category | Cost in August 2026 |
|---|---|
| Food | $818.33 |
| Rent | $922.83 |
| Gasoline | $648.28 |
| Medical care | $814.42 |
| New cars | $669.61 |
| College tuition | $862.81 |
| Electricity | $828.38 |
| Clothing | $575.04 |
Try a different amount or date
Questions
- How much is $500 in 2008 worth today?
- $500 in 2008 is worth $777.93 in August 2026 dollars, according to the U.S. Consumer Price Index.
- How much would I need today to match $500 in 2008?
- You would need $777.93 to buy what $500 bought in 2008. That is 1.56 times as much.
- How much buying power has $500 lost since 2008?
- Kept as cash, $500 from 2008 buys only what $321.37 of 2008 money bought. It has lost 36% of its buying power.
- What was inflation in 2008?
- Prices rose 3.8% in 2008. Since then the average has been 2.47% a year.
Other amounts from 2008
- $1 in 2008
- $5 in 2008
- $10 in 2008
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- $1,000 in 2008
- $5,000 in 2008
- $10,000 in 2008
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- $1 million in 2008