DigestYourFinances

Value of a dollar · 2018

Value of a Dollar in 2018

$1 in 2018 had the same buying power as $1.25 in 2024. Prices rose 25% over those 6 years, an average of 3.78% a year.

  • $100 from 2018 $125 in 2024 dollars
  • Prices since +25% 1.25× the 2018 level
  • Average inflation 3.78% a year, 2018–2024
  • $100 in 2024 $80.05 in 2018 dollars

2018 dollars in 2024 money

In 2018Worth in 2024
$1$1.25
$10$12.49
$100$125
$1,000$1,249
$10,000$12,492

For a specific amount or a different pair of years, use the inflation calculator.

How $100 from 2018 kept pace

The amount needed in each later year to buy what $100 bought in 2018:

  1. 2018 $100
  2. 2020 $103
  3. 2024 $125

Prices have not yet doubled since 2018. The steepest single year along the way was 2022, when inflation reached 8.00%. Read what happened in 2022.

The federal minimum wage in 2018

The federal minimum wage was $7.25 an hour in 2018. In 2024 dollars that is about $9.06, compared with the actual $7.25 in 2024. Adjusted for inflation, the federal floor bought about 20% less in 2024 than it did in 2018. See today’s rates on minimum wage by state.

Borrowing in 2018

A 30-year fixed mortgage averaged 4.54% in 2018, against 6.76% this week. See mortgage rates in 2018.

For the inflation rate that year and the story behind it, see inflation in 2018.

Value of a dollar in 2018 — FAQ

How much is $1 from 2018 worth today?

$1 in 2018 buys about as much as $1.25 did in 2024, the latest full year of Consumer Price Index data. $100 from 2018 equals about $125.

How much have prices gone up since 2018?

Consumer prices rose about 25% from 2018 to 2024, so things cost about 1.25 times as much. That works out to an average of 3.78% a year.

What would $100 in 2024 have been worth in 2018?

$100 in 2024 had the buying power of about $80.05 in 2018.

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/2018/ — based on World Bank, World Development Indicators. CC BY-NC 4.0.

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