Calculate the Value of $1,000,000 in 1924

What is $1 million in 1924 money adjusted for inflation? Convert $1,000,000 from 1924 dollars to 2024 dollars.
Amount
$
From
To
$17,730,983
Adjusted for inflation, $1,000,000 in 1924 is equal to $17,730,983 in 2024.
Annual inflation over this period was 2.92%.
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 1924 dollars worth?
Year Equivalent
2024 $17,730,983
2023 $17,155,896
2022 $16,115,723
2021 $15,056,301
2020 $14,853,988
2019 $14,522,139
2018 $14,249,942
2017 $13,955,607
2016 $13,671,965
2015 $13,572,948
2014 $13,471,040
2013 $13,271,734
2012 $13,044,624
2011 $12,669,306
2010 $12,482,601
2009 $12,151,908
2008 $12,140,809
2007 $11,664,740
2006 $11,375,723
2005 $11,000,000
2004 $10,653,179
2003 $10,456,647
2002 $10,213,873
2001 $10,057,803
2000 $9,728,324
1999 $9,473,988
1998 $9,323,699
1997 $9,167,630
Year Equivalent
1996 $8,872,832
1995 $8,653,179
1994 $8,427,746
1993 $8,202,312
1992 $7,971,098
1991 $7,734,104
1990 $7,289,017
1989 $6,965,318
1988 $6,670,520
1987 $6,387,283
1986 $6,317,919
1985 $6,086,705
1984 $5,855,491
1983 $5,641,618
1982 $5,433,526
1981 $4,988,439
1980 $4,433,526
1979 $3,913,295
1978 $3,589,595
1977 $3,364,162
1976 $3,208,092
1975 $3,000,000
1974 $2,670,520
1973 $2,456,647
1972 $2,375,723
1971 $2,300,578
1970 $2,179,191
1969 $2,052,023
Year Equivalent
1968 $1,959,538
1967 $1,901,734
1966 $1,838,150
1965 $1,803,468
1964 $1,786,127
1963 $1,757,225
1962 $1,734,104
1961 $1,722,543
1960 $1,699,422
1959 $1,670,520
1958 $1,641,618
1957 $1,595,376
1956 $1,549,133
1955 $1,543,353
1954 $1,554,913
1953 $1,543,353
1952 $1,531,792
1951 $1,445,087
1950 $1,364,162
1949 $1,393,064
1948 $1,352,601
1947 $1,242,775
1946 $1,052,023
1945 $1,028,902
1944 $1,005,780
1943 $976,879
1942 $895,954
1941 $815,029
Year Equivalent
1940 $809,249
1939 $809,249
1938 $832,370
1937 $809,249
1936 $797,688
1935 $774,566
1934 $763,006
1933 $757,225
1932 $843,931
1931 $930,636
1930 $994,220
1929 $988,439
1928 $1,000,000
1927 $1,023,121
1926 $1,034,682
1925 $1,000,000
1924 $1,000,000
1923 $976,879
1922 $1,000,000
1921 $1,121,387
1920 $1,092,486
1919 $953,757
1918 $791,908
1917 $670,520
1916 $595,376
1915 $583,815
1914 $578,035