# $33,453 in 2001 is worth$40,524.60 in 2009

$33,453 in 2001 has the same purchasing power as$40,524.60 in 2009. Over the 8 years this is a change of $7,071.60. The average inflation rate of the dollar between 2001 and 2009 was 2.48% per year. The cumulative price increase of the dollar over this time was 21.14%. ## The value of$33,453 from 2001 to 2009

So what does this data mean? It means that the prices in 2009 are 405.25 higher than the average prices since 2001. A dollar in 2009 can buy 82.55% of what it could buy in 2001.

We can look at the buying power equivalent for $33,453 in 2001 to see how much you would need to adjust for in order to beat inflation. For 2001 to 2009, if you started with$33,453 in 2001, you would need to have $40,524.60 in 2001 to keep up with inflation rates. So if we are saying that$33,453 is equivalent to $40,524.60 over time, you can see the core concept of inflation in action. The "real value" of a single dollar decreases over time. It will pay for fewer items at the store than it did previously. In the chart below you can see how the value of the dollar is worth less over 8 years. ## Value of$33,453 Over Time

In the table below we can see the value of the US Dollar over time. According to the BLS, each of these amounts are equivalent in terms of what that amount could purchase at the time.

Year Dollar Value Inflation Rate
2001 $33,453.00 2.85% 2002$33,981.90 1.58%
2003 $34,756.36 2.28% 2004$35,681.94 2.66%
2005 $36,890.86 3.39% 2006$38,080.89 3.23%
2007 $39,165.51 2.85% 2008$40,669.29 3.84%