Value of a dollar · 1992
Value of a Dollar in 1992
$1 in 1992 had the same buying power as $2.24 in 2024. Prices rose 124% over those 32 years, an average of 2.55% a year.
- $100 from 1992 $224 in 2024 dollars
- Prices since +124% 2.24× the 1992 level
- Average inflation 2.55% a year, 1992–2024
- $100 in 2024 $44.73 in 1992 dollars
1992 dollars in 2024 money
| In 1992 | Worth in 2024 |
|---|---|
| $1 | $2.24 |
| $10 | $22.36 |
| $100 | $224 |
| $1,000 | $2,236 |
| $10,000 | $22,356 |
For a specific amount or a different pair of years, use the inflation calculator.
How $100 from 1992 kept pace
The amount needed in each later year to buy what $100 bought in 1992:
Prices had doubled by 2022, 30 years after 1992. The steepest single year along the way was 2022, when inflation reached 8.00%. Read what happened in 2022.
The federal minimum wage in 1992
The federal minimum wage was $4.25 an hour in 1992. In 2024 dollars that is about $9.50, compared with the actual $7.25 in 2024. Adjusted for inflation, the federal floor bought about 24% less in 2024 than it did in 1992. See today’s rates on minimum wage by state.
Borrowing in 1992
A 30-year fixed mortgage averaged 8.39% in 1992, against 6.76% this week. See every year on historical mortgage rates.
Value of a dollar in 1992 — FAQ
How much is $1 from 1992 worth today?
$1 in 1992 buys about as much as $2.24 did in 2024, the latest full year of Consumer Price Index data. $100 from 1992 equals about $224.
How much have prices gone up since 1992?
Consumer prices rose about 124% from 1992 to 2024, so things cost about 2.24 times as much. That works out to an average of 2.55% a year.
What would $100 in 2024 have been worth in 1992?
$100 in 2024 had the buying power of about $44.73 in 1992.
When did prices double after 1992?
By 2022, 30 years later, the price level was more than twice what it was in 1992, so a dollar saved in 1992 bought less than half as much.
Based on annual average Consumer Price Index levels. 2024 is the latest full year in the data, so “today” on this page means 2024 dollars.
Data: World Bank, World Development Indicators, via APIVerve. Our tables, charts and text are licensed CC BY-NC 4.0: share and adapt them for non-commercial use as long as you credit us. For commercial use or bulk data, use the APIVerve API. See the data terms. Cite as: Digest Your Finances, “Value of a Dollar by Year”, https://digestyourfinances.com/studies/value-of-a-dollar/1992/ — based on World Bank, World Development Indicators. CC BY-NC 4.0.
