What is $1 from 2023 worth today?
$1 in 2023 is worth $1.11 in September 2026, based on the official Consumer Price Index. Prices have risen 11% since 2023, an average of 3.18% a year over 3 years. In other words, prices have doubled about 0.1 times, and a dollar today buys 90.4% of what it bought in 2023.
The same ratio applies to any amount: $20 from 2023 is worth $22.12, $100 is worth $110.58 and $1,000 is worth $1,106 in today's dollars.
Inflation in 2023
The CPI-U averaged 304.702 in 2023, up 4.1% from 292.655 in 2022. From December 2022 to December 2023, prices rose 3.4%. Ranked by annual inflation, 2023 is number 34 of the 112 years from 1914 to 2025.
In the 2020s, annual inflation averaged 3.9% a year (over the 6 years with data). The highest rate was 8.0% in 2022 and the lowest 1.2% in 2020.
2023 prices in today's money, and today's prices in 2023 money
If something cost $5 in 2023, the same buying power today is $5.53. Going the other way, $100 in September 2026 would have bought what $90.43 bought in 2023, and a $60,000 salary today has the buying power of a $54,259 salary in 2023.
If your pay in 2023 was, say, $1,000 a month, you would need about $1,106 a month in September 2026 to afford the same basket of goods and services. Remember that this is an average across consumer spending: some prices, such as housing, health care and tuition, have risen faster than the CPI, while others have risen more slowly.
How this 2023 inflation figure is calculated
The calculation divides the latest CPI-U (336.94 for September 2026) by the 2023 annual average (304.702): 336.94 ÷ 304.702 = 1.1058. Multiply any 2023 amount by 1.1058 to convert it to September 2026 dollars. The data is the CPI for All Urban Consumers, U.S. city average, all items, not seasonally adjusted (BLS series CUUR0000SA0), published by the U.S. Bureau of Labor Statistics.
Use the calculator above to pick a specific month in 2023 or a different end date. See also $1 in 2022 and $1 in 2024. All years are on the main US inflation calculator page.