1500 in 2002 is worth 2358.76 today

2'358.76

Value of 1500 from 2002 to 2024

In 1913 the price of 1500 is approximately equal to 2358.76 today in 2024. Prices changed by 2.10% (or 39.03) per year on average during that period. It means that every purchase will cost you 1.57 times as much.
For anyone curious about the value of 1500 in 2002 and what it would be worth today in 2024, this page provides a detailed analysis using the cumulative price change, average inflation rate, and other key financial indicators.


How Much is 1500 in 2002 Worth Today?

  • Converted Amount: The 1500 from 2002, adjusted for inflation, would be equivalent to 2358.76 in 2024.
  • Cumulative Price Change: Over this period, the cumulative price change has been 57.25%.
  • Average Inflation Rate: The average annual inflation rate between 2002 and 2024 has been 2.10%.
Inflation from 2002 to 2024
Cumulative price change 57.25%
Average inflation rate 2.10%
Converted amount 2358.76
Price difference 858.76
CPI in 2002 79.37
CPI in 2024124.81
Inflation in 20022.27%
Inflation in 20241.36%
1500 in 20022358.76 in 2024

Key Financial Indicators:

Consumer Price Index (CPI) Comparison

  • CPI in 2002: 79.37
  • CPI in 2024: 124.81

The CPI index has changed by 2.07 points per year on average over 22 years. The chart below represents the price changes from 2002 to 2024 (for convenience, the values converted in Euros):

Inflation Rate at 2002 and 2024

  • Inflation in 2002: 2.27%
  • Inflation in 2024: 1.36%

Price Difference

  • The price difference between 2002 and 2024 is 858.76.

2002 to 2024 Inflation Calculator

To understand the transformation of 1500 from 2002 into 2024 Euros, consider the following table:

YearCPIInflation rateValue in 2024
200279.372.27%1500
2024124.811.36%2358.76

This table highlights the key figures that affect how the value of money changes over time due to inflation.


Buying Power of 1500 in 2002

1500 in the year 2002 is now worth 2358.76 in 2024, showing a substantial increase of 858.76 over the years. This change underscores how the average inflation rate of 2.10% annually has eroded the purchasing power of the Euro.

It means that the real purchasing power has decreased and, adjusted for inflation, you can buy 1.57 times less for the same amount of money.

To illustrate this, let's see the chart below that demonstrates how 1500 has significantly decreased in worth over 22 years:

Inflation from 2002 to 2024
Cumulative price change 57.25%
Average inflation rate 2.10%
Converted amount 2358.76
Price difference 858.76
CPI in 2002 79.37
CPI in 2024124.81
Inflation in 20022.27%
Inflation in 20241.36%
1500 in 20022358.76 in 2024