Purchasing Power

What is money from back then worth today?

Prices rise, so the same money buys less every year. Compare any two years from 1960 to the latest World Bank data.

Money across the years

Pick an amount and two years to compare.

To buy what $1,000.00 bought in 2000, in 2024 you need

$1,821.65

Cash kept since 2000 lost 45% of its value.

Prices rose

82%

Buying power lost

45%

Average inflation

2.5% / yr

The lesson

Prices rise almost every year, so money that sits still quietly shrinks. Investing aims to grow faster than prices do.

The line is what $1,000.00 kept as cash since 2000 buys, in 2000 money. Dashed: the same loss carried 10 years ahead at 3.8% a year. US consumer prices, World Bank indicator FP.CPI.TOTL; 2024 is the latest year published.