Calculate the Value of $980,000 in 1994

What is $980k in 1994 money adjusted for inflation? Convert $980,000 from 1994 dollars to 2024 dollars.
Amount
$
From
To
$2,061,804
Adjusted for inflation, $980,000 in 1994 is equal to $2,061,804 in 2024.
Annual inflation over this period was 2.51%.
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 1994 dollars worth?
Year Equivalent
2024 $2,061,804
2023 $1,994,932
2022 $1,873,978
2021 $1,750,785
2020 $1,727,260
2019 $1,688,672
2018 $1,657,020
2017 $1,622,794
2016 $1,589,811
2015 $1,578,297
2014 $1,566,447
2013 $1,543,271
2012 $1,516,863
2011 $1,473,220
2010 $1,451,509
2009 $1,413,055
2008 $1,411,765
2007 $1,356,406
2006 $1,322,798
2005 $1,279,108
2004 $1,238,779
2003 $1,215,926
2002 $1,187,695
2001 $1,169,547
2000 $1,131,235
1999 $1,101,660
1998 $1,084,184
1997 $1,066,036
Year Equivalent
1996 $1,031,756
1995 $1,006,214
1994 $980,000
1993 $953,786
1992 $926,900
1991 $899,342
1990 $847,586
1989 $809,945
1988 $775,665
1987 $742,730
1986 $734,664
1985 $707,778
1984 $680,892
1983 $656,022
1982 $631,824
1981 $580,069
1980 $515,542
1979 $455,048
1978 $417,407
1977 $391,193
1976 $373,045
1975 $348,848
1974 $310,535
1973 $285,665
1972 $276,255
1971 $267,517
1970 $253,402
1969 $238,615
Year Equivalent
1968 $227,860
1967 $221,139
1966 $213,745
1965 $209,712
1964 $207,695
1963 $204,335
1962 $201,646
1961 $200,302
1960 $197,613
1959 $194,252
1958 $190,892
1957 $185,514
1956 $180,137
1955 $179,465
1954 $180,809
1953 $179,465
1952 $178,121
1951 $168,038
1950 $158,628
1949 $161,989
1948 $157,284
1947 $144,513
1946 $122,332
1945 $119,643
1944 $116,955
1943 $113,594
1942 $104,184
1941 $94,774
Year Equivalent
1940 $94,102
1939 $94,102
1938 $96,790
1937 $94,102
1936 $92,757
1935 $90,069
1934 $88,724
1933 $88,052
1932 $98,134
1931 $108,217
1930 $115,610
1929 $114,938
1928 $116,283
1927 $118,971
1926 $120,316
1925 $116,283
1924 $116,283
1923 $113,594
1922 $116,283
1921 $130,398
1920 $127,037
1919 $110,905
1918 $92,085
1917 $77,970
1916 $69,232
1915 $67,888
1914 $67,215