Calculate the Value of $980,000 in 1972

What is $980k in 1972 money adjusted for inflation? Convert $980,000 from 1972 dollars to 2024 dollars.
Amount
$
From
To
$7,314,138
Adjusted for inflation, $980,000 in 1972 is equal to $7,314,138 in 2024.
Annual inflation over this period was 3.94%.
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 1972 dollars worth?
Year Equivalent
2024 $7,314,138
2023 $7,076,911
2022 $6,647,834
2021 $6,210,816
2020 $6,127,361
2019 $5,990,471
2018 $5,878,188
2017 $5,756,773
2016 $5,639,769
2015 $5,598,924
2014 $5,556,886
2013 $5,474,671
2012 $5,380,987
2011 $5,226,166
2010 $5,149,149
2009 $5,012,736
2008 $5,008,158
2007 $4,811,776
2006 $4,692,555
2005 $4,537,567
2004 $4,394,501
2003 $4,313,431
2002 $4,213,285
2001 $4,148,905
2000 $4,012,993
1999 $3,908,078
1998 $3,846,083
1997 $3,781,703
Year Equivalent
1996 $3,660,097
1995 $3,569,489
1994 $3,476,496
1993 $3,383,504
1992 $3,288,127
1991 $3,190,365
1990 $3,006,764
1989 $2,873,236
1988 $2,751,630
1987 $2,634,793
1986 $2,606,180
1985 $2,510,803
1984 $2,415,426
1983 $2,327,202
1982 $2,241,363
1981 $2,057,762
1980 $1,828,856
1979 $1,614,258
1978 $1,480,730
1977 $1,387,737
1976 $1,323,358
1975 $1,237,518
1974 $1,101,606
1973 $1,013,382
1972 $980,000
1971 $949,002
1970 $898,929
1969 $846,472
Year Equivalent
1968 $808,321
1967 $784,477
1966 $758,248
1965 $743,942
1964 $736,788
1963 $724,866
1962 $715,328
1961 $710,560
1960 $701,022
1959 $689,100
1958 $677,178
1957 $658,102
1956 $639,027
1955 $636,642
1954 $641,411
1953 $636,642
1952 $631,873
1951 $596,107
1950 $562,725
1949 $574,647
1948 $557,956
1947 $512,652
1946 $433,966
1945 $424,428
1944 $414,891
1943 $402,968
1942 $369,586
1941 $336,204
Year Equivalent
1940 $333,820
1939 $333,820
1938 $343,358
1937 $333,820
1936 $329,051
1935 $319,513
1934 $314,745
1933 $312,360
1932 $348,127
1931 $383,893
1930 $410,122
1929 $407,737
1928 $412,506
1927 $422,044
1926 $426,813
1925 $412,506
1924 $412,506
1923 $402,968
1922 $412,506
1921 $462,579
1920 $450,657
1919 $393,431
1918 $326,667
1917 $276,594
1916 $245,596
1915 $240,827
1914 $238,443