Calculate the Value of $1,000,000 in 1947

What is $1 million in 1947 money adjusted for inflation? Convert $1,000,000 from 1947 dollars to 2024 dollars.
Amount
$
From
To
$14,267,256
Adjusted for inflation, $1,000,000 in 1947 is equal to $14,267,256 in 2024.
Annual inflation over this period was 3.51%.
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 $1,000,000 in 1947 dollars worth?
Year Equivalent
2024 $14,267,256
2023 $13,804,512
2022 $12,967,535
2021 $12,115,070
2020 $11,952,279
2019 $11,685,256
2018 $11,466,233
2017 $11,229,395
2016 $11,001,163
2015 $10,921,488
2014 $10,839,488
2013 $10,679,116
2012 $10,496,372
2011 $10,194,372
2010 $10,044,140
2009 $9,778,047
2008 $9,769,116
2007 $9,386,047
2006 $9,153,488
2005 $8,851,163
2004 $8,572,093
2003 $8,413,953
2002 $8,218,605
2001 $8,093,023
2000 $7,827,907
1999 $7,623,256
1998 $7,502,326
1997 $7,376,744
Year Equivalent
1996 $7,139,535
1995 $6,962,791
1994 $6,781,395
1993 $6,600,000
1992 $6,413,953
1991 $6,223,256
1990 $5,865,116
1989 $5,604,651
1988 $5,367,442
1987 $5,139,535
1986 $5,083,721
1985 $4,897,674
1984 $4,711,628
1983 $4,539,535
1982 $4,372,093
1981 $4,013,953
1980 $3,567,442
1979 $3,148,837
1978 $2,888,372
1977 $2,706,977
1976 $2,581,395
1975 $2,413,953
1974 $2,148,837
1973 $1,976,744
1972 $1,911,628
1971 $1,851,163
1970 $1,753,488
1969 $1,651,163
Year Equivalent
1968 $1,576,744
1967 $1,530,233
1966 $1,479,070
1965 $1,451,163
1964 $1,437,209
1963 $1,413,953
1962 $1,395,349
1961 $1,386,047
1960 $1,367,442
1959 $1,344,186
1958 $1,320,930
1957 $1,283,721
1956 $1,246,512
1955 $1,241,860
1954 $1,251,163
1953 $1,241,860
1952 $1,232,558
1951 $1,162,791
1950 $1,097,674
1949 $1,120,930
1948 $1,088,372
1947 $1,000,000
1946 $846,512
1945 $827,907
1944 $809,302
1943 $786,047
1942 $720,930
1941 $655,814
Year Equivalent
1940 $651,163
1939 $651,163
1938 $669,767
1937 $651,163
1936 $641,860
1935 $623,256
1934 $613,953
1933 $609,302
1932 $679,070
1931 $748,837
1930 $800,000
1929 $795,349
1928 $804,651
1927 $823,256
1926 $832,558
1925 $804,651
1924 $804,651
1923 $786,047
1922 $804,651
1921 $902,326
1920 $879,070
1919 $767,442
1918 $637,209
1917 $539,535
1916 $479,070
1915 $469,767
1914 $465,116