Calculate the Value of $1,000,000 in 2016
What is $1 million in 2016 money adjusted for inflation? Convert $1,000,000 from 2016 dollars to 2024 dollars.
Amount
$
From
To
$1,296,886
Adjusted for inflation, $1,000,000 in 2016 is equal to $1,296,886 in 2024.
Annual inflation over this period was 3.30%.
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 2016 dollars worth?
| Year | Equivalent |
|---|---|
| 2024 | $1,296,886 |
| 2023 | $1,254,823 |
| 2022 | $1,178,742 |
| 2021 | $1,101,254 |
| 2020 | $1,086,456 |
| 2019 | $1,062,184 |
| 2018 | $1,042,275 |
| 2017 | $1,020,746 |
| 2016 | $1,000,000 |
| 2015 | $992,758 |
| 2014 | $985,304 |
| 2013 | $970,726 |
| 2012 | $954,115 |
| 2011 | $926,663 |
| 2010 | $913,007 |
| 2009 | $888,819 |
| 2008 | $888,008 |
| 2007 | $853,187 |
| 2006 | $832,047 |
| 2005 | $804,566 |
| 2004 | $779,199 |
| 2003 | $764,824 |
| 2002 | $747,067 |
| 2001 | $735,652 |
| 2000 | $711,553 |
| 1999 | $692,950 |
| 1998 | $681,958 |
| 1997 | $670,542 |
| Year | Equivalent |
|---|---|
| 1996 | $648,980 |
| 1995 | $632,914 |
| 1994 | $616,425 |
| 1993 | $599,937 |
| 1992 | $583,025 |
| 1991 | $565,691 |
| 1990 | $533,136 |
| 1989 | $509,460 |
| 1988 | $487,898 |
| 1987 | $467,181 |
| 1986 | $462,108 |
| 1985 | $445,196 |
| 1984 | $428,285 |
| 1983 | $412,641 |
| 1982 | $397,421 |
| 1981 | $364,866 |
| 1980 | $324,279 |
| 1979 | $286,228 |
| 1978 | $262,552 |
| 1977 | $246,063 |
| 1976 | $234,648 |
| 1975 | $219,427 |
| 1974 | $195,328 |
| 1973 | $179,685 |
| 1972 | $173,766 |
| 1971 | $168,270 |
| 1970 | $159,391 |
| 1969 | $150,090 |
| Year | Equivalent |
|---|---|
| 1968 | $143,325 |
| 1967 | $139,097 |
| 1966 | $134,447 |
| 1965 | $131,910 |
| 1964 | $130,642 |
| 1963 | $128,528 |
| 1962 | $126,836 |
| 1961 | $125,991 |
| 1960 | $124,300 |
| 1959 | $122,186 |
| 1958 | $120,072 |
| 1957 | $116,690 |
| 1956 | $113,307 |
| 1955 | $112,884 |
| 1954 | $113,730 |
| 1953 | $112,884 |
| 1952 | $112,039 |
| 1951 | $105,697 |
| 1950 | $99,778 |
| 1949 | $101,892 |
| 1948 | $98,932 |
| 1947 | $90,899 |
| 1946 | $76,947 |
| 1945 | $75,256 |
| 1944 | $73,565 |
| 1943 | $71,451 |
| 1942 | $65,532 |
| 1941 | $59,613 |
| Year | Equivalent |
|---|---|
| 1940 | $59,190 |
| 1939 | $59,190 |
| 1938 | $60,882 |
| 1937 | $59,190 |
| 1936 | $58,345 |
| 1935 | $56,654 |
| 1934 | $55,808 |
| 1933 | $55,385 |
| 1932 | $61,727 |
| 1931 | $68,069 |
| 1930 | $72,720 |
| 1929 | $72,297 |
| 1928 | $73,142 |
| 1927 | $74,834 |
| 1926 | $75,679 |
| 1925 | $73,142 |
| 1924 | $73,142 |
| 1923 | $71,451 |
| 1922 | $73,142 |
| 1921 | $82,021 |
| 1920 | $79,907 |
| 1919 | $69,760 |
| 1918 | $57,922 |
| 1917 | $49,043 |
| 1916 | $43,547 |
| 1915 | $42,702 |
| 1914 | $42,279 |