Calculate the Value of $980,000 in 1947

What is $980k in 1947 money adjusted for inflation? Convert $980,000 from 1947 dollars to 2024 dollars.
Amount
$
From
To
$13,981,911
Adjusted for inflation, $980,000 in 1947 is equal to $13,981,911 in 2024.
Annual inflation over this period was 3.51%.
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 $980,000 in 1947 dollars worth?
Year Equivalent
2024 $13,981,911
2023 $13,528,421
2022 $12,708,184
2021 $11,872,768
2020 $11,713,233
2019 $11,451,551
2018 $11,236,908
2017 $11,004,807
2016 $10,781,140
2015 $10,703,059
2014 $10,622,699
2013 $10,465,534
2012 $10,286,445
2011 $9,990,485
2010 $9,843,257
2009 $9,582,486
2008 $9,573,734
2007 $9,198,326
2006 $8,970,419
2005 $8,674,140
2004 $8,400,651
2003 $8,245,674
2002 $8,054,233
2001 $7,931,163
2000 $7,671,349
1999 $7,470,791
1998 $7,352,279
1997 $7,229,209
Year Equivalent
1996 $6,996,744
1995 $6,823,535
1994 $6,645,767
1993 $6,468,000
1992 $6,285,674
1991 $6,098,791
1990 $5,747,814
1989 $5,492,558
1988 $5,260,093
1987 $5,036,744
1986 $4,982,047
1985 $4,799,721
1984 $4,617,395
1983 $4,448,744
1982 $4,284,651
1981 $3,933,674
1980 $3,496,093
1979 $3,085,860
1978 $2,830,605
1977 $2,652,837
1976 $2,529,767
1975 $2,365,674
1974 $2,105,860
1973 $1,937,209
1972 $1,873,395
1971 $1,814,140
1970 $1,718,419
1969 $1,618,140
Year Equivalent
1968 $1,545,209
1967 $1,499,628
1966 $1,449,488
1965 $1,422,140
1964 $1,408,465
1963 $1,385,674
1962 $1,367,442
1961 $1,358,326
1960 $1,340,093
1959 $1,317,302
1958 $1,294,512
1957 $1,258,047
1956 $1,221,581
1955 $1,217,023
1954 $1,226,140
1953 $1,217,023
1952 $1,207,907
1951 $1,139,535
1950 $1,075,721
1949 $1,098,512
1948 $1,066,605
1947 $980,000
1946 $829,581
1945 $811,349
1944 $793,116
1943 $770,326
1942 $706,512
1941 $642,698
Year Equivalent
1940 $638,140
1939 $638,140
1938 $656,372
1937 $638,140
1936 $629,023
1935 $610,791
1934 $601,674
1933 $597,116
1932 $665,488
1931 $733,860
1930 $784,000
1929 $779,442
1928 $788,558
1927 $806,791
1926 $815,907
1925 $788,558
1924 $788,558
1923 $770,326
1922 $788,558
1921 $884,279
1920 $861,488
1919 $752,093
1918 $624,465
1917 $528,744
1916 $469,488
1915 $460,372
1914 $455,814