Calculate the Value of $1,000,000 in 1994

What is $1 million in 1994 money adjusted for inflation? Convert $1,000,000 from 1994 dollars to 2024 dollars.
Amount
$
From
To
$2,103,882
Adjusted for inflation, $1,000,000 in 1994 is equal to $2,103,882 in 2024.
Annual inflation over this period was 2.51%.
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 1994 dollars worth?
Year Equivalent
2024 $2,103,882
2023 $2,035,645
2022 $1,912,222
2021 $1,786,516
2020 $1,762,510
2019 $1,723,134
2018 $1,690,837
2017 $1,655,912
2016 $1,622,257
2015 $1,610,508
2014 $1,598,416
2013 $1,574,767
2012 $1,547,819
2011 $1,503,285
2010 $1,481,132
2009 $1,441,893
2008 $1,440,576
2007 $1,384,088
2006 $1,349,794
2005 $1,305,213
2004 $1,264,060
2003 $1,240,741
2002 $1,211,934
2001 $1,193,416
2000 $1,154,321
1999 $1,124,143
1998 $1,106,310
1997 $1,087,791
Year Equivalent
1996 $1,052,812
1995 $1,026,749
1994 $1,000,000
1993 $973,251
1992 $945,816
1991 $917,695
1990 $864,883
1989 $826,475
1988 $791,495
1987 $757,888
1986 $749,657
1985 $722,222
1984 $694,787
1983 $669,410
1982 $644,719
1981 $591,907
1980 $526,063
1979 $464,335
1978 $425,926
1977 $399,177
1976 $380,658
1975 $355,967
1974 $316,872
1973 $291,495
1972 $281,893
1971 $272,977
1970 $258,573
1969 $243,484
Year Equivalent
1968 $232,510
1967 $225,652
1966 $218,107
1965 $213,992
1964 $211,934
1963 $208,505
1962 $205,761
1961 $204,390
1960 $201,646
1959 $198,217
1958 $194,787
1957 $189,300
1956 $183,813
1955 $183,128
1954 $184,499
1953 $183,128
1952 $181,756
1951 $171,468
1950 $161,866
1949 $165,295
1948 $160,494
1947 $147,462
1946 $124,829
1945 $122,085
1944 $119,342
1943 $115,912
1942 $106,310
1941 $96,708
Year Equivalent
1940 $96,022
1939 $96,022
1938 $98,765
1937 $96,022
1936 $94,650
1935 $91,907
1934 $90,535
1933 $89,849
1932 $100,137
1931 $110,425
1930 $117,970
1929 $117,284
1928 $118,656
1927 $121,399
1926 $122,771
1925 $118,656
1924 $118,656
1923 $115,912
1922 $118,656
1921 $133,059
1920 $129,630
1919 $113,169
1918 $93,964
1917 $79,561
1916 $70,645
1915 $69,273
1914 $68,587