Calculate the Value of $1,000,000 in 1954

What is $1 million in 1954 money adjusted for inflation? Convert $1,000,000 from 1954 dollars to 2024 dollars.
Amount
$
From
To
$11,403,197
Adjusted for inflation, $1,000,000 in 1954 is equal to $11,403,197 in 2024.
Annual inflation over this period was 3.54%.
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 1954 dollars worth?
Year Equivalent
2024 $11,403,197
2023 $11,033,346
2022 $10,364,387
2021 $9,683,048
2020 $9,552,937
2019 $9,339,517
2018 $9,164,461
2017 $8,975,167
2016 $8,792,751
2015 $8,729,071
2014 $8,663,532
2013 $8,535,353
2012 $8,389,294
2011 $8,147,918
2010 $8,027,844
2009 $7,815,167
2008 $7,808,030
2007 $7,501,859
2006 $7,315,985
2005 $7,074,349
2004 $6,851,301
2003 $6,724,907
2002 $6,568,773
2001 $6,468,401
2000 $6,256,506
1999 $6,092,937
1998 $5,996,283
1997 $5,895,911
Year Equivalent
1996 $5,706,320
1995 $5,565,056
1994 $5,420,074
1993 $5,275,093
1992 $5,126,394
1991 $4,973,978
1990 $4,687,732
1989 $4,479,554
1988 $4,289,963
1987 $4,107,807
1986 $4,063,197
1985 $3,914,498
1984 $3,765,799
1983 $3,628,253
1982 $3,494,424
1981 $3,208,178
1980 $2,851,301
1979 $2,516,729
1978 $2,308,550
1977 $2,163,569
1976 $2,063,197
1975 $1,929,368
1974 $1,717,472
1973 $1,579,926
1972 $1,527,881
1971 $1,479,554
1970 $1,401,487
1969 $1,319,703
Year Equivalent
1968 $1,260,223
1967 $1,223,048
1966 $1,182,156
1965 $1,159,851
1964 $1,148,699
1963 $1,130,112
1962 $1,115,242
1961 $1,107,807
1960 $1,092,937
1959 $1,074,349
1958 $1,055,762
1957 $1,026,022
1956 $996,283
1955 $992,565
1954 $1,000,000
1953 $992,565
1952 $985,130
1951 $929,368
1950 $877,323
1949 $895,911
1948 $869,888
1947 $799,257
1946 $676,580
1945 $661,710
1944 $646,840
1943 $628,253
1942 $576,208
1941 $524,164
Year Equivalent
1940 $520,446
1939 $520,446
1938 $535,316
1937 $520,446
1936 $513,011
1935 $498,141
1934 $490,706
1933 $486,989
1932 $542,751
1931 $598,513
1930 $639,405
1929 $635,688
1928 $643,123
1927 $657,993
1926 $665,428
1925 $643,123
1924 $643,123
1923 $628,253
1922 $643,123
1921 $721,190
1920 $702,602
1919 $613,383
1918 $509,294
1917 $431,227
1916 $382,900
1915 $375,465
1914 $371,747