Value of a dollar · 2021
Value of a Dollar in 2021
$1 in 2021 had the same buying power as $1.16 in 2024. Prices rose 16% over those 3 years, an average of 5.00% a year.
- $100 from 2021 $116 in 2024 dollars
- Prices since +16% 1.16× the 2021 level
- Average inflation 5.00% a year, 2021–2024
- $100 in 2024 $86.38 in 2021 dollars
2021 dollars in 2024 money
| In 2021 | Worth in 2024 |
|---|---|
| $1 | $1.16 |
| $10 | $11.58 |
| $100 | $116 |
| $1,000 | $1,158 |
| $10,000 | $11,576 |
For a specific amount or a different pair of years, use the inflation calculator.
How $100 from 2021 kept pace
The amount needed in each later year to buy what $100 bought in 2021:
Prices have not yet doubled since 2021. The steepest single year along the way was 2022, when inflation reached 8.00%. Read what happened in 2022.
The federal minimum wage in 2021
The federal minimum wage was $7.25 an hour in 2021. In 2024 dollars that is about $8.39, compared with the actual $7.25 in 2024. Adjusted for inflation, the federal floor bought about 14% less in 2024 than it did in 2021. See today’s rates on minimum wage by state.
Borrowing in 2021
A 30-year fixed mortgage averaged 2.96% in 2021, against 6.76% this week. See mortgage rates in 2021.
For the inflation rate that year and the story behind it, see inflation in 2021.
Value of a dollar in 2021 — FAQ
How much is $1 from 2021 worth today?
$1 in 2021 buys about as much as $1.16 did in 2024, the latest full year of Consumer Price Index data. $100 from 2021 equals about $116.
How much have prices gone up since 2021?
Consumer prices rose about 16% from 2021 to 2024, so things cost about 1.16 times as much. That works out to an average of 5.00% a year.
What would $100 in 2024 have been worth in 2021?
$100 in 2024 had the buying power of about $86.38 in 2021.
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/2021/ — based on World Bank, World Development Indicators. CC BY-NC 4.0.
