View $20 in 2010 → **2021**

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$20 in 2010 is equivalent in purchasing power to about $23.74 in 2020, an increase of $3.74 over 10 years. The dollar had an average inflation rate of 1.73% per year between 2010 and 2020, producing a cumulative price increase of 18.69%.

This means that prices in 2020 are 1.19 times higher than average prices since 2010, according to the Bureau of Labor Statistics consumer price index.

The 2010 inflation rate was 1.64%. The inflation rate in 2020 was 1.23%. The 2020 inflation rate is lower compared to the average inflation rate of 5.70% per year between 2020 and 2021.

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Cumulative price change | 18.69% |

Average inflation rate | 1.73% |

Converted amount ($20 base) | $23.74 |

Price difference ($20 base) | $3.74 |

CPI in 2010 | 218.056 |

CPI in 2020 | 258.812 |

Inflation in 2010 | 1.64% |

Inflation in 2020 | 1.23% |

$20 in 2010 | $23.74 in 2020 |

This chart shows a calculation of buying power equivalence for $20 in 2010 (price index tracking began in 1635).

For example, if you started with $20, you would need to end with $23.74 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When $20 is equivalent to $23.74 over time, that means that the "real value" of a single U.S. dollar decreases over time. In other words, a dollar will pay for fewer items at the store.

This effect explains how inflation erodes the value of a dollar over time. By calculating the value in 2010 dollars, the chart below shows how $20 is worth less over 10 years.

According to the Bureau of Labor Statistics, each of these USD amounts below is equal in terms of what it could buy at the time:

This conversion table shows various other 2010 amounts in 2020 dollars, based on the 18.69% change in prices:

Initial value | Equivalent value |
---|---|

$1 dollar in 2010 | $1.19 dollars in 2020 |

$5 dollars in 2010 | $5.93 dollars in 2020 |

$10 dollars in 2010 | $11.87 dollars in 2020 |

$50 dollars in 2010 | $59.35 dollars in 2020 |

$100 dollars in 2010 | $118.69 dollars in 2020 |

$500 dollars in 2010 | $593.45 dollars in 2020 |

$1,000 dollars in 2010 | $1,186.90 dollars in 2020 |

$5,000 dollars in 2010 | $5,934.52 dollars in 2020 |

$10,000 dollars in 2010 | $11,869.05 dollars in 2020 |

$50,000 dollars in 2010 | $59,345.23 dollars in 2020 |

$100,000 dollars in 2010 | $118,690.46 dollars in 2020 |

$500,000 dollars in 2010 | $593,452.29 dollars in 2020 |

$1,000,000 dollars in 2010 | $1,186,904.59 dollars in 2020 |

Inflation can vary widely by city, even within the United States. Here's how some cities fared in 2010 to 2020 (figures shown are purchasing power equivalents of $20):

**San Diego, California**: 3.25% average rate, $20 → $27.53, cumulative change of 37.65%**San Francisco, California**: 2.81% average rate, $20 → $26.39, cumulative change of 31.95%**Denver, Colorado**: 2.51% average rate, $20 → $25.63, cumulative change of 28.13%**Seattle, Washington**: 2.22% average rate, $20 → $24.92, cumulative change of 24.61%**Phoenix, Arizona**: 2.11% average rate, $20 → $24.65, cumulative change of 23.26%**Miami-Fort Lauderdale, Florida**: 2.01% average rate, $20 → $24.41, cumulative change of 22.04%**Atlanta, Georgia**: 1.94% average rate, $20 → $24.24, cumulative change of 21.18%**Tampa, Florida**: 1.91% average rate, $20 → $24.17, cumulative change of 20.85%**Boston, Massachusetts**: 1.81% average rate, $20 → $23.94, cumulative change of 19.70%**Minneapolis-St Paul, Minnesota**: 1.80% average rate, $20 → $23.90, cumulative change of 19.49%**Dallas-Fort Worth, Texas**: 1.72% average rate, $20 → $23.72, cumulative change of 18.58%**Houston, Texas**: 1.67% average rate, $20 → $23.60, cumulative change of 18.02%**New York**: 1.62% average rate, $20 → $23.49, cumulative change of 17.46%**Detroit, Michigan**: 1.49% average rate, $20 → $23.18, cumulative change of 15.92%**St Louis, Missouri**: 1.37% average rate, $20 → $22.93, cumulative change of 14.63%**Chicago, Illinois**: 1.37% average rate, $20 → $22.91, cumulative change of 14.56%**Philadelphia, Pennsylvania**: 1.29% average rate, $20 → $22.74, cumulative change of 13.70%

San Diego, California experienced the highest rate of inflation during the 10 years between 2010 and 2020 (3.25%).

Philadelphia, Pennsylvania experienced the lowest rate of inflation during the 10 years between 2010 and 2020 (1.29%).

Note that some locations showing 0% inflation may have not yet reported latest data.

Inflation can also vary widely by country. For comparison, in the UK £20.00 in 2010 would be equivalent to £26.12 in 2020, an absolute change of £6.12 and a cumulative change of 30.61%.

In Canada, CA$20.00 in 2010 would be equivalent to CA$23.22 in 2020, an absolute change of CA$3.22 and a cumulative change of 16.09%.

Compare these numbers to the US's overall absolute change of $3.74 and total percent change of 18.69%.

CPI is the weighted combination of many categories of spending that are tracked by the government. Breaking down these categories helps explain the main drivers behind price changes. This chart shows the average rate of inflation for select CPI categories between 2010 and 2020.

Compare these values to the overall average of 1.73% per year:

Category | Avg Inflation (%) | Total Inflation (%) | $20 in 2010 → 2020 |
---|---|---|---|

Food and beverages | 1.94 | 21.20 | 24.24 |

Housing | 2.31 | 25.67 | 25.13 |

Apparel | -0.12 | -1.19 | 19.76 |

Transportation | 0.40 | 4.10 | 20.82 |

Medical care | 2.94 | 33.58 | 26.72 |

Recreation | 0.76 | 7.88 | 21.58 |

Education and communication | 0.77 | 7.99 | 21.60 |

Other goods and services | 1.95 | 21.27 | 24.25 |

The graph below compares inflation in categories of goods over time. Click on a category such as "Food" to toggle it on or off:

For all these visualizations, it's important to note that not all categories may have been tracked since 2010. This table and charts use the earliest available data for each category.

Our calculations use the following inflation rate formula to calculate the change in value between 2010 and 2020:

CPI in 2020
CPI in 2010

×

2010 USD value

=

2020 USD value

Then plug in historical CPI values. The U.S. CPI was 218.056 in the year 2010 and 258.81166666667 in 2020:

258.81166666667218.056

×

$20

=

$20 in 2010 has the same "purchasing power" or "buying power" as $23.74 in 2020.

To get the total inflation rate for the 10 years between 2010 and 2020, we use the following formula:

CPI in 2020 - CPI in 2010CPI in 2010

×

100

=

Plugging in the values to this equation, we get:

258.81166666667 - 218.056218.056

×

100

=

The above data describe the CPI for all items. Also of note is the **Core CPI**, which measures inflation for all items except for the more volatile categories of food and energy.
Core inflation averaged 1.92% per year between 2010 and 2020 (vs all-CPI inflation of 1.73%), for an inflation total of 20.94%.

When using the core inflation measurement, $20 in 2010 is equivalent in buying power to $24.19 in 2020, a difference of $4.19. Recall that for All Items, the converted amount is $23.74 with a difference of $3.74.

In 2010, core inflation was 0.96%.

**Chained CPI** is an alternative measurement that takes into account how consumers adjust spending for similar items.
Chained inflation averaged 1.48% per year between 2010 and 2020, a total inflation amount of 20.94%.

According to the Chained CPI measurement, $20 in 2010 is equal in buying power to $23.16 in 2020, a difference of $3.16 (versus a converted amount of $23.74/change of $3.74 for All Items).

In 2010, chained inflation was 1.42%.

The average inflation rate of 1.73% has a compounding effect between 2010 and 2020. As noted above, this yearly inflation rate compounds to produce an overall price difference of 18.69% over 10 years.

To help put this inflation into perspective, if we had invested $20 in the S&P 500 index in 2010, our investment would be * nominally* worth approximately $83.73 in 2020. This is a return on investment of 318.65%, with an absolute return of $63.73 on top of the original $20.

These numbers are not inflation adjusted, so they are considered *nominal*. In order to evaluate the *real* return on our investment, we must calculate the return with inflation taken into account.

The compounding effect of inflation would account for 15.75% of returns ($13.19) during this period. This means the inflation-adjusted * real* return of our $20 investment is $50.55. You may also want to account for capital gains tax, which would take your real return down to around $43 for most people.

Original Amount | Final Amount | Change | |
---|---|---|---|

Nominal |
$20 | $83.73 | 318.65% |

RealInflation Adjusted |
$20 | $70.55 | 252.73% |

Information displayed above may differ slightly from other S&P 500 calculators. Minor discrepancies can occur because we use the latest CPI data for inflation, annualized inflation numbers for previous years, and we compute S&P price and dividends from January of 2010 to latest available data for 2020 using average monthly close price.

For more details on the S&P 500 between 2010 and 2020, see the stock market returns calculator.

Politics and news often influence economic performance. Here's what was happening at the time:

- The Copiapo mining accident in Chile ends, after 33 miners resurface having spent 69 days trapped in the ruins.
- Big Haiti earthquake kills 230,000 people and leaves most of Port-au-Prince, its capital, in ruins.
- An explosion on the Deepwater Horizon (a drilling rig), kills 11 people and spills a massive amount of oil into the Gulf of Mexico.
- The US army abolishes the "Don't Ask Don't Tell" policy, which had banned homosexuals from openly serving in the US military.

Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (CPI), established in 1913. Inflation data from 1665 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University.

You may use the following MLA citation for this page: “$20 in 2010 → 2020 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 27 Sep. 2021, https://www.officialdata.org/2010-dollars-in-2020?amount=20.

Special thanks to QuickChart for their chart image API, which is used for chart downloads.

in2013dollars.com is a reference website maintained by the Official Data Foundation.

Cumulative price change | 18.69% |

Average inflation rate | 1.73% |

Converted amount ($20 base) | $23.74 |

Price difference ($20 base) | $3.74 |

CPI in 2010 | 218.056 |

CPI in 2020 | 258.812 |

Inflation in 2010 | 1.64% |

Inflation in 2020 | 1.23% |

$20 in 2010 | $23.74 in 2020 |