What if you invested $1,000 in Duolingo in 2021? (Inflation-Adjusted)

DUOL · Technology · Adjusted to 2026 dollars using BLS CPI-U data

View nominal (non-adjusted) version

Using BLS CPI-U data, cumulative inflation from 2021 to 2026 totals 19%. Your $1,000 in Duolingo grew to $854 in raw dollar terms, but in real purchasing power terms that gain is equivalent to $718 in constant 2021 dollars. That reflects a -5.9% per year real annualized return after accounting for price changes over 6 years.

Nominal final value

$854

-14.6% total return

Real value (2021 dollars)

$718

-28.2% real total return

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Real annualized return

-5.9%

vs. -2.8% nominal annualized

Cumulative CPI-U inflation since 2021: 19% (1 dollar in 2021 = $1.19 in 2026)

Year-by-Year (Inflation-Adjusted)

$1,000 in Duolingo since 2021, values in constant 2021 dollars

YearNominal ValueReal Value (2021 $)
2021$1,000$1,000
2022$713$653
2023$681$601
2024$1,276$1,093
2025$2,595$2,181
2026$956$803

Inflation adjustment uses BLS CPI-U annual data, deflated to 2026 dollars. Nominal stock data from Yahoo Finance (split-adjusted closing prices). Real values are expressed in constant 2021 purchasing-power dollars. For informational and educational purposes only. Not financial advice. Past performance does not guarantee future results. See our methodology and full disclaimer.