Value of $500 Due to Inflation

What is 500 worth over time?

$
To
Calculate inflation of $500 in the United States over time.

We use the CPI provided by the Bureau of Labor Statistics to calculate how much the value of a dollar has changed every year.

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What is $500 worth today? How much was 500 worth? Enter your details in the calculator above or view the chart to see what $500 was worth by year. The Consumer Price Index is tabulated by comparing prices throughout the United States over time. These numbers are published by the Bureau of Labor Statistics. We use this data to calculate the value of inflation every year.
Amount Value in 2023
$500 in 1914 14,839.85
$500 in 1915 14,692.92
$500 in 1916 14,407.62
$500 in 1917 12,792.97
$500 in 1918 10,832.01
$500 in 1919 8,993.85
$500 in 1920 7,851.77
$500 in 1921 7,649.41
$500 in 1922 8,577.95
$500 in 1923 8,780.98
$500 in 1924 8,577.95
$500 in 1925 8,577.95
$500 in 1926 8,290.42
$500 in 1927 8,384.10
$500 in 1928 8,577.95
$500 in 1929 8,678.27
$500 in 1930 8,627.82
$500 in 1931 9,217.30
$500 in 1932 10,164.28
$500 in 1933 11,328.13
$500 in 1934 11,242.31
$500 in 1935 11,074.51
$500 in 1936 10,753.51
$500 in 1937 10,599.89
$500 in 1938 10,305.45
$500 in 1939 10,599.89
$500 in 1940 10,599.89
$500 in 1941 10,524.72
$500 in 1942 9,574.10
$500 in 1943 8,780.98
$500 in 1944 8,528.65
$500 in 1945 8,336.99
$500 in 1946 8,153.76
$500 in 1947 6,902.26
$500 in 1948 6,341.82
$500 in 1949 6,157.61
$500 in 1950 6,288.07
Amount Value in 2023
$500 in 1951 5,935.94
$500 in 1952 5,599.94
$500 in 1953 5,558.00
$500 in 1954 5,516.67
$500 in 1955 5,558.00
$500 in 1956 5,537.26
$500 in 1957 5,376.76
$500 in 1958 5,225.30
$500 in 1959 5,134.90
$500 in 1960 5,047.57
$500 in 1961 4,979.82
$500 in 1962 4,946.62
$500 in 1963 4,881.53
$500 in 1964 4,802.54
$500 in 1965 4,756.36
$500 in 1966 4,666.62
$500 in 1967 4,510.59
$500 in 1968 4,377.54
$500 in 1969 4,180.24
$500 in 1970 3,936.30
$500 in 1971 3,728.61
$500 in 1972 3,610.67
$500 in 1973 3,491.73
$500 in 1974 3,212.09
$500 in 1975 2,859.32
$500 in 1976 2,673.85
$500 in 1977 2,549.80
$500 in 1978 2,389.67
$500 in 1979 2,192.00
$500 in 1980 1,934.79
$500 in 1981 1,719.57
$500 in 1982 1,578.71
$500 in 1983 1,520.48
$500 in 1984 1,464.94
$500 in 1985 1,409.29
$500 in 1986 1,357.72
$500 in 1987 1,342.97
Amount Value in 2023
$500 in 1988 1,285.95
$500 in 1989 1,231.52
$500 in 1990 1,176.83
$500 in 1991 1,109.11
$500 in 1992 1,076.13
$500 in 1993 1,045.80
$500 in 1994 1,017.82
$500 in 1995 991.31
$500 in 1996 966.77
$500 in 1997 935.68
$500 in 1998 920.02
$500 in 1999 905.42
$500 in 2000 881.75
$500 in 2001 852.86
$500 in 2002 839.83
$500 in 2003 820.33
$500 in 2004 805.20
$500 in 2005 779.81
$500 in 2006 754.06
$500 in 2007 735.37
$500 in 2008 706.54
$500 in 2009 705.89
$500 in 2010 687.19
$500 in 2011 677.07
$500 in 2012 657.58
$500 in 2013 646.33
$500 in 2014 636.77
$500 in 2015 631.99
$500 in 2016 627.41
$500 in 2017 614.66
$500 in 2018 601.96
$500 in 2019 590.68
$500 in 2020 577.48
$500 in 2021 569.72
$500 in 2022 532.27
$500 in 2023 500.00