Calculate the Value of $1,000,000 in 1988

What is $1 million in 1988 money adjusted for inflation? Convert $1,000,000 from 1988 dollars to 2024 dollars.
Amount
$
From
To
$2,658,111
Adjusted for inflation, $1,000,000 in 1988 is equal to $2,658,111 in 2024.
Annual inflation over this period was 2.75%.
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 1988 dollars worth?
Year Equivalent
2024 $2,658,111
2023 $2,571,898
2022 $2,415,962
2021 $2,257,140
2020 $2,226,811
2019 $2,177,062
2018 $2,136,256
2017 $2,092,132
2016 $2,049,610
2015 $2,034,766
2014 $2,019,489
2013 $1,989,610
2012 $1,955,563
2011 $1,899,298
2010 $1,871,308
2009 $1,821,733
2008 $1,820,069
2007 $1,748,700
2006 $1,705,373
2005 $1,649,047
2004 $1,597,054
2003 $1,567,591
2002 $1,531,196
2001 $1,507,799
2000 $1,458,406
1999 $1,420,277
1998 $1,397,747
1997 $1,374,350
Year Equivalent
1996 $1,330,156
1995 $1,297,227
1994 $1,263,432
1993 $1,229,636
1992 $1,194,974
1991 $1,159,445
1990 $1,092,721
1989 $1,044,194
1988 $1,000,000
1987 $957,539
1986 $947,140
1985 $912,478
1984 $877,816
1983 $845,754
1982 $814,558
1981 $747,834
1980 $664,645
1979 $586,655
1978 $538,128
1977 $504,333
1976 $480,936
1975 $449,740
1974 $400,347
1973 $368,284
1972 $356,153
1971 $344,887
1970 $326,690
1969 $307,626
Year Equivalent
1968 $293,761
1967 $285,095
1966 $275,563
1965 $270,364
1964 $267,764
1963 $263,432
1962 $259,965
1961 $258,232
1960 $254,766
1959 $250,433
1958 $246,101
1957 $239,168
1956 $232,236
1955 $231,369
1954 $233,102
1953 $231,369
1952 $229,636
1951 $216,638
1950 $204,506
1949 $208,839
1948 $202,773
1947 $186,308
1946 $157,712
1945 $154,246
1944 $150,780
1943 $146,447
1942 $134,315
1941 $122,184
Year Equivalent
1940 $121,317
1939 $121,317
1938 $124,783
1937 $121,317
1936 $119,584
1935 $116,118
1934 $114,385
1933 $113,518
1932 $126,516
1931 $139,515
1930 $149,047
1929 $148,180
1928 $149,913
1927 $153,380
1926 $155,113
1925 $149,913
1924 $149,913
1923 $146,447
1922 $149,913
1921 $168,111
1920 $163,778
1919 $142,981
1918 $118,718
1917 $100,520
1916 $89,255
1915 $87,522
1914 $86,655