Calculate the Value of $1,000,000 in 1929

What is $1 million in 1929 worth in today's money?
Amount
$
From
To
$16,304,211
Adjusted for inflation, $1,000,000 in 1929 is equal to $16,304,211 in 2022.
Annual inflation over this period was 3.05%.
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 1929 dollars worth?
Year Equivalent
2022 $16,304,211
2021 $15,232,398
2020 $15,027,719
2019 $14,691,988
2018 $14,416,608
2017 $14,118,830
2016 $13,831,871
2015 $13,731,696
2014 $13,628,596
2013 $13,426,959
2012 $13,197,193
2011 $12,817,485
2010 $12,628,596
2009 $12,294,035
2008 $12,282,807
2007 $11,801,170
2006 $11,508,772
2005 $11,128,655
2004 $10,777,778
2003 $10,578,947
2002 $10,333,333
2001 $10,175,439
2000 $9,842,105
1999 $9,584,795
1998 $9,432,749
1997 $9,274,854
1996 $8,976,608
1995 $8,754,386
Year Equivalent
1994 $8,526,316
1993 $8,298,246
1992 $8,064,327
1991 $7,824,561
1990 $7,374,269
1989 $7,046,784
1988 $6,748,538
1987 $6,461,988
1986 $6,391,813
1985 $6,157,895
1984 $5,923,977
1983 $5,707,602
1982 $5,497,076
1981 $5,046,784
1980 $4,485,380
1979 $3,959,064
1978 $3,631,579
1977 $3,403,509
1976 $3,245,614
1975 $3,035,088
1974 $2,701,754
1973 $2,485,380
1972 $2,403,509
1971 $2,327,485
1970 $2,204,678
1969 $2,076,023
1968 $1,982,456
1967 $1,923,977
Year Equivalent
1966 $1,859,649
1965 $1,824,561
1964 $1,807,018
1963 $1,777,778
1962 $1,754,386
1961 $1,742,690
1960 $1,719,298
1959 $1,690,058
1958 $1,660,819
1957 $1,614,035
1956 $1,567,251
1955 $1,561,404
1954 $1,573,099
1953 $1,561,404
1952 $1,549,708
1951 $1,461,988
1950 $1,380,117
1949 $1,409,357
1948 $1,368,421
1947 $1,257,310
1946 $1,064,327
1945 $1,040,936
1944 $1,017,544
1943 $988,304
1942 $906,433
1941 $824,561
1940 $818,713
1939 $818,713
Year Equivalent
1938 $842,105
1937 $818,713
1936 $807,018
1935 $783,626
1934 $771,930
1933 $766,082
1932 $853,801
1931 $941,520
1930 $1,005,848
1929 $1,000,000
1928 $1,011,696
1927 $1,035,088
1926 $1,046,784
1925 $1,011,696
1924 $1,011,696
1923 $988,304
1922 $1,011,696
1921 $1,134,503
1920 $1,105,263
1919 $964,912
1918 $801,170
1917 $678,363
1916 $602,339
1915 $590,643
1914 $584,795