Value of a dollar · 2001
Value of a Dollar in 2001
$1 in 2001 had the same buying power as $1.77 in 2024. Prices rose 77% over those 23 years, an average of 2.52% a year.
- $100 from 2001 $177 in 2024 dollars
- Prices since +77% 1.77× the 2001 level
- Average inflation 2.52% a year, 2001–2024
- $100 in 2024 $56.44 in 2001 dollars
2001 dollars in 2024 money
| In 2001 | Worth in 2024 |
|---|---|
| $1 | $1.77 |
| $10 | $17.72 |
| $100 | $177 |
| $1,000 | $1,772 |
| $10,000 | $17,717 |
For a specific amount or a different pair of years, use the inflation calculator.
How $100 from 2001 kept pace
The amount needed in each later year to buy what $100 bought in 2001:
Prices have not yet doubled since 2001. The steepest single year along the way was 2022, when inflation reached 8.00%. Read what happened in 2022.
The federal minimum wage in 2001
The federal minimum wage was $5.15 an hour in 2001. In 2024 dollars that is about $9.12, compared with the actual $7.25 in 2024. Adjusted for inflation, the federal floor bought about 21% less in 2024 than it did in 2001. See today’s rates on minimum wage by state.
Borrowing in 2001
A 30-year fixed mortgage averaged 6.97% in 2001, against 6.76% this week. See every year on historical mortgage rates.
Value of a dollar in 2001 — FAQ
How much is $1 from 2001 worth today?
$1 in 2001 buys about as much as $1.77 did in 2024, the latest full year of Consumer Price Index data. $100 from 2001 equals about $177.
How much have prices gone up since 2001?
Consumer prices rose about 77% from 2001 to 2024, so things cost about 1.77 times as much. That works out to an average of 2.52% a year.
What would $100 in 2024 have been worth in 2001?
$100 in 2024 had the buying power of about $56.44 in 2001.
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/2001/ — based on World Bank, World Development Indicators. CC BY-NC 4.0.
