Calculate the Value of $950,000 in 1971

What is $950k in 1971 money adjusted for inflation? Convert $950,000 from 1971 dollars to 2024 dollars.
Amount
$
From
To
$7,321,827
Adjusted for inflation, $950,000 in 1971 is equal to $7,321,827 in 2024.
Annual inflation over this period was 3.93%.
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 $950,000 in 1971 dollars worth?
Year Equivalent
2024 $7,321,827
2023 $7,084,351
2022 $6,654,822
2021 $6,217,344
2020 $6,133,802
2019 $5,996,768
2018 $5,884,367
2017 $5,762,824
2016 $5,645,697
2015 $5,604,809
2014 $5,562,727
2013 $5,480,426
2012 $5,386,643
2011 $5,231,660
2010 $5,154,562
2009 $5,018,005
2008 $5,013,422
2007 $4,816,834
2006 $4,697,487
2005 $4,542,337
2004 $4,399,121
2003 $4,317,965
2002 $4,217,714
2001 $4,153,266
2000 $4,017,211
1999 $3,912,186
1998 $3,850,126
1997 $3,785,678
Year Equivalent
1996 $3,663,945
1995 $3,573,241
1994 $3,480,151
1993 $3,387,060
1992 $3,291,583
1991 $3,193,719
1990 $3,009,925
1989 $2,876,256
1988 $2,754,523
1987 $2,637,563
1986 $2,608,920
1985 $2,513,442
1984 $2,417,965
1983 $2,329,648
1982 $2,243,719
1981 $2,059,925
1980 $1,830,779
1979 $1,615,955
1978 $1,482,286
1977 $1,389,196
1976 $1,324,749
1975 $1,238,819
1974 $1,102,764
1973 $1,014,447
1972 $981,030
1971 $950,000
1970 $899,874
1969 $847,362
Year Equivalent
1968 $809,171
1967 $785,302
1966 $759,045
1965 $744,724
1964 $737,563
1963 $725,628
1962 $716,080
1961 $711,307
1960 $701,759
1959 $689,824
1958 $677,889
1957 $658,794
1956 $639,698
1955 $637,312
1954 $642,085
1953 $637,312
1952 $632,538
1951 $596,734
1950 $563,317
1949 $575,251
1948 $558,543
1947 $513,191
1946 $434,422
1945 $424,874
1944 $415,327
1943 $403,392
1942 $369,975
1941 $336,558
Year Equivalent
1940 $334,171
1939 $334,171
1938 $343,719
1937 $334,171
1936 $329,397
1935 $319,849
1934 $315,075
1933 $312,688
1932 $348,492
1931 $384,296
1930 $410,553
1929 $408,166
1928 $412,940
1927 $422,487
1926 $427,261
1925 $412,940
1924 $412,940
1923 $403,392
1922 $412,940
1921 $463,065
1920 $451,131
1919 $393,844
1918 $327,010
1917 $276,884
1916 $245,854
1915 $241,080
1914 $238,693