Calculate the Value of $500,000 in 1920

What is $500k in 1920 money adjusted for inflation? Convert $500,000 from 1920 dollars to 2024 dollars.
Amount
$
From
To
$8,114,974
Adjusted for inflation, $500,000 in 1920 is equal to $8,114,974 in 2024.
Annual inflation over this period was 2.72%.
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 $500,000 in 1920 dollars worth?
Year Equivalent
2024 $8,114,974
2023 $7,851,772
2022 $7,375,714
2021 $6,890,847
2020 $6,798,254
2019 $6,646,376
2018 $6,521,799
2017 $6,387,090
2016 $6,257,275
2015 $6,211,958
2014 $6,165,317
2013 $6,074,101
2012 $5,970,159
2011 $5,798,386
2010 $5,712,937
2009 $5,561,587
2008 $5,556,508
2007 $5,338,624
2006 $5,206,349
2005 $5,034,392
2004 $4,875,661
2003 $4,785,714
2002 $4,674,603
2001 $4,603,175
2000 $4,452,381
1999 $4,335,979
1998 $4,267,196
1997 $4,195,767
Year Equivalent
1996 $4,060,847
1995 $3,960,317
1994 $3,857,143
1993 $3,753,968
1992 $3,648,148
1991 $3,539,683
1990 $3,335,979
1989 $3,187,831
1988 $3,052,910
1987 $2,923,280
1986 $2,891,534
1985 $2,785,714
1984 $2,679,894
1983 $2,582,011
1982 $2,486,772
1981 $2,283,069
1980 $2,029,101
1979 $1,791,005
1978 $1,642,857
1977 $1,539,683
1976 $1,468,254
1975 $1,373,016
1974 $1,222,222
1973 $1,124,339
1972 $1,087,302
1971 $1,052,910
1970 $997,354
1969 $939,153
Year Equivalent
1968 $896,825
1967 $870,370
1966 $841,270
1965 $825,397
1964 $817,460
1963 $804,233
1962 $793,651
1961 $788,360
1960 $777,778
1959 $764,550
1958 $751,323
1957 $730,159
1956 $708,995
1955 $706,349
1954 $711,640
1953 $706,349
1952 $701,058
1951 $661,376
1950 $624,339
1949 $637,566
1948 $619,048
1947 $568,783
1946 $481,481
1945 $470,899
1944 $460,317
1943 $447,090
1942 $410,053
1941 $373,016
Year Equivalent
1940 $370,370
1939 $370,370
1938 $380,952
1937 $370,370
1936 $365,079
1935 $354,497
1934 $349,206
1933 $346,561
1932 $386,243
1931 $425,926
1930 $455,026
1929 $452,381
1928 $457,672
1927 $468,254
1926 $473,545
1925 $457,672
1924 $457,672
1923 $447,090
1922 $457,672
1921 $513,228
1920 $500,000
1919 $436,508
1918 $362,434
1917 $306,878
1916 $272,487
1915 $267,196
1914 $264,550