Calculate the Value of $1,000,000 in 1918

What is $1 million in 1918 money adjusted for inflation? Convert $1,000,000 from 1918 dollars to 2024 dollars.
Amount
$
From
To
$22,390,219
Adjusted for inflation, $1,000,000 in 1918 is equal to $22,390,219 in 2024.
Annual inflation over this period was 2.98%.
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 $1,000,000 in 1918 dollars worth?
Year Equivalent
2024 $22,390,219
2023 $21,664,015
2022 $20,350,511
2021 $19,012,701
2020 $18,757,226
2019 $18,338,175
2018 $17,994,453
2017 $17,622,774
2016 $17,264,599
2015 $17,139,562
2014 $17,010,876
2013 $16,759,197
2012 $16,472,409
2011 $15,998,467
2010 $15,762,701
2009 $15,345,109
2008 $15,331,095
2007 $14,729,927
2006 $14,364,964
2005 $13,890,511
2004 $13,452,555
2003 $13,204,380
2002 $12,897,810
2001 $12,700,730
2000 $12,284,672
1999 $11,963,504
1998 $11,773,723
1997 $11,576,642
Year Equivalent
1996 $11,204,380
1995 $10,927,007
1994 $10,642,336
1993 $10,357,664
1992 $10,065,693
1991 $9,766,423
1990 $9,204,380
1989 $8,795,620
1988 $8,423,358
1987 $8,065,693
1986 $7,978,102
1985 $7,686,131
1984 $7,394,161
1983 $7,124,088
1982 $6,861,314
1981 $6,299,270
1980 $5,598,540
1979 $4,941,606
1978 $4,532,847
1977 $4,248,175
1976 $4,051,095
1975 $3,788,321
1974 $3,372,263
1973 $3,102,190
1972 $3,000,000
1971 $2,905,109
1970 $2,751,825
1969 $2,591,241
Year Equivalent
1968 $2,474,453
1967 $2,401,460
1966 $2,321,168
1965 $2,277,372
1964 $2,255,474
1963 $2,218,978
1962 $2,189,781
1961 $2,175,182
1960 $2,145,985
1959 $2,109,489
1958 $2,072,993
1957 $2,014,599
1956 $1,956,204
1955 $1,948,905
1954 $1,963,504
1953 $1,948,905
1952 $1,934,307
1951 $1,824,818
1950 $1,722,628
1949 $1,759,124
1948 $1,708,029
1947 $1,569,343
1946 $1,328,467
1945 $1,299,270
1944 $1,270,073
1943 $1,233,577
1942 $1,131,387
1941 $1,029,197
Year Equivalent
1940 $1,021,898
1939 $1,021,898
1938 $1,051,095
1937 $1,021,898
1936 $1,007,299
1935 $978,102
1934 $963,504
1933 $956,204
1932 $1,065,693
1931 $1,175,182
1930 $1,255,474
1929 $1,248,175
1928 $1,262,774
1927 $1,291,971
1926 $1,306,569
1925 $1,262,774
1924 $1,262,774
1923 $1,233,577
1922 $1,262,774
1921 $1,416,058
1920 $1,379,562
1919 $1,204,380
1918 $1,000,000
1917 $846,715
1916 $751,825
1915 $737,226
1914 $729,927