Calculate the Value of $1,000,000 in 1931

What is $1 million in 1931 money adjusted for inflation? Convert $1,000,000 from 1931 dollars to 2024 dollars.
Amount
$
From
To
$19,052,547
Adjusted for inflation, $1,000,000 in 1931 is equal to $19,052,547 in 2024.
Annual inflation over this period was 3.22%.
Value of a dollar
Calculates inflation to see what a U.S. dollar was worth in the past and today. View historical and today's current inflation rates, using the CPI provided by the United States government. Inflation data is updated regularly, so results may differ from other websites. How much has the cost of living increased? What was inflation for a specific period?
How much is $1,000,000 in 1931 dollars worth?
Year Equivalent
2024 $19,052,547
2023 $18,434,596
2022 $17,316,894
2021 $16,178,509
2020 $15,961,118
2019 $15,604,534
2018 $15,312,050
2017 $14,995,776
2016 $14,690,994
2015 $14,584,596
2014 $14,475,093
2013 $14,260,932
2012 $14,016,894
2011 $13,613,602
2010 $13,412,981
2009 $13,057,640
2008 $13,045,714
2007 $12,534,161
2006 $12,223,602
2005 $11,819,876
2004 $11,447,205
2003 $11,236,025
2002 $10,975,155
2001 $10,807,453
2000 $10,453,416
1999 $10,180,124
1998 $10,018,634
1997 $9,850,932
Year Equivalent
1996 $9,534,161
1995 $9,298,137
1994 $9,055,901
1993 $8,813,665
1992 $8,565,217
1991 $8,310,559
1990 $7,832,298
1989 $7,484,472
1988 $7,167,702
1987 $6,863,354
1986 $6,788,820
1985 $6,540,373
1984 $6,291,925
1983 $6,062,112
1982 $5,838,509
1981 $5,360,248
1980 $4,763,975
1979 $4,204,969
1978 $3,857,143
1977 $3,614,907
1976 $3,447,205
1975 $3,223,602
1974 $2,869,565
1973 $2,639,752
1972 $2,552,795
1971 $2,472,050
1970 $2,341,615
1969 $2,204,969
Year Equivalent
1968 $2,105,590
1967 $2,043,478
1966 $1,975,155
1965 $1,937,888
1964 $1,919,255
1963 $1,888,199
1962 $1,863,354
1961 $1,850,932
1960 $1,826,087
1959 $1,795,031
1958 $1,763,975
1957 $1,714,286
1956 $1,664,596
1955 $1,658,385
1954 $1,670,807
1953 $1,658,385
1952 $1,645,963
1951 $1,552,795
1950 $1,465,839
1949 $1,496,894
1948 $1,453,416
1947 $1,335,404
1946 $1,130,435
1945 $1,105,590
1944 $1,080,745
1943 $1,049,689
1942 $962,733
1941 $875,776
Year Equivalent
1940 $869,565
1939 $869,565
1938 $894,410
1937 $869,565
1936 $857,143
1935 $832,298
1934 $819,876
1933 $813,665
1932 $906,832
1931 $1,000,000
1930 $1,068,323
1929 $1,062,112
1928 $1,074,534
1927 $1,099,379
1926 $1,111,801
1925 $1,074,534
1924 $1,074,534
1923 $1,049,689
1922 $1,074,534
1921 $1,204,969
1920 $1,173,913
1919 $1,024,845
1918 $850,932
1917 $720,497
1916 $639,752
1915 $627,329
1914 $621,118