Inflation since 2020

$100 in 2020 is worth $124 today

Something that cost $100 in December 2020 cost $124.41 in December 2025, the latest full year of data. Prices have risen 24% since then, an average of 4.47% a year.

Convert an amount from 2020

$100 in 2020 buys what $124.41 bought in 2025.

Open in the full inflation calculator to compare any two years.

Prices since 2020+24%December 2020 to December 2025
Average inflation4.47%a year since 2020
$100 today in 2020$80.38what $100 in 2025 was worth then
Highest year since7.0%in 2021

What happened to prices after 2020

2020 itself was quiet for prices: 1.4%, as the pandemic shut down travel and restaurants. Then reopening, stimulus payments and tangled supply chains collided. Prices rose 7.0% in 2021 and 6.5% in 2022, the fastest since 1981, and the year-over-year rate peaked at 9.1% in June 2022.

It has eased since, to 3.3%, 2.9% and 2.7% in the three years that followed. Even so, prices have risen 4.47% a year since 2020, faster than over any five-year stretch since 1986–1991.

What $100 of 2020 goods cost each year, in that year’s dollars

What amounts from 2020 are worth today

In 2020In 20252025 amount in 2020
$1$1.24$0.80
$5$6.22$4.02
$10$12.44$8.04
$20$24.88$16.08
$50$62.21$40.19
$100$124.41$80.38
$500$622.07$401.88
$1,000$1,244.15$803.76
$5,000$6,220.73$4,018.82
$10,000$12,441.46$8,037.64

Read across: $1,000 in 2020 buys what $1,244 did in 2025, and $1,000 in 2025 would have bought what $803.76 did in 2020.

Inflation by decade since 2020

DecadeAverage a yearPrices over the decade
2020s (2021–2025)4.47%+24.4%
Every year since 2020: CPI, inflation and the cost of $100 of 2020 goods
YearCPI (Dec.)InflationCost of $100 of 2020 goods
2020260.5—$100.00
2021278.8+7.0%$107.02
2022296.8+6.5%$113.93
2023306.7+3.3%$117.74
2024315.6+2.9%$121.15
2025324.1+2.7%$124.41

How this is calculated

We divide the consumer price index for December 2025 (324.1) by the index for December 2020 (260.5), which gives 1.2441, and multiply. Each year’s inflation runs December to December. December figures follow prices to the end of each year, so they can differ slightly from tables that use yearly averages. The index measures an average urban household’s spending; your own costs can rise faster or slower.

For what the stock market did over the same years, see S&P 500 returns since 2020. Every figure here comes from the same data as the inflation calculator. The method is on the methodology page.

Sources

  • U.S. Bureau of Labor Statistics, Consumer Price Index for All Urban Consumers (CPI-U), U.S. city average, all items, December values.