Value of a dollar · 2022
Value of a Dollar in 2022
$1 in 2022 had the same buying power as $1.07 in 2024. Prices rose 7% over those 2 years, an average of 3.53% a year.
- $100 from 2022 $107 in 2024 dollars
- Prices since +7% 1.07× the 2022 level
- Average inflation 3.53% a year, 2022–2024
- $100 in 2024 $93.29 in 2022 dollars
2022 dollars in 2024 money
| In 2022 | Worth in 2024 |
|---|---|
| $1 | $1.07 |
| $10 | $10.72 |
| $100 | $107 |
| $1,000 | $1,072 |
| $10,000 | $10,719 |
For a specific amount or a different pair of years, use the inflation calculator.
How $100 from 2022 kept pace
The amount needed in each later year to buy what $100 bought in 2022:
Prices have not yet doubled since 2022. The steepest single year along the way was 2023, when inflation reached 4.12%. Read what happened in 2023.
The federal minimum wage in 2022
The federal minimum wage was $7.25 an hour in 2022. In 2024 dollars that is about $7.77, compared with the actual $7.25 in 2024. Adjusted for inflation, the federal floor bought about 7% less in 2024 than it did in 2022. See today’s rates on minimum wage by state.
Borrowing in 2022
A 30-year fixed mortgage averaged 5.34% in 2022, against 6.76% this week. See mortgage rates in 2022.
For the inflation rate that year and the story behind it, see inflation in 2022.
Value of a dollar in 2022 — FAQ
How much is $1 from 2022 worth today?
$1 in 2022 buys about as much as $1.07 did in 2024, the latest full year of Consumer Price Index data. $100 from 2022 equals about $107.
How much have prices gone up since 2022?
Consumer prices rose about 7% from 2022 to 2024, so things cost about 1.07 times as much. That works out to an average of 3.53% a year.
What would $100 in 2024 have been worth in 2022?
$100 in 2024 had the buying power of about $93.29 in 2022.
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/2022/ — based on World Bank, World Development Indicators. CC BY-NC 4.0.
