Calculate the Value of $500,000 in 1928

What is $500k in 1928 money adjusted for inflation? Convert $500,000 from 1928 dollars to 2024 dollars.
Amount
$
From
To
$8,865,491
Adjusted for inflation, $500,000 in 1928 is equal to $8,865,491 in 2024.
Annual inflation over this period was 3.04%.
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 $500,000 in 1928 dollars worth?
Year Equivalent
2024 $8,865,491
2023 $8,577,948
2022 $8,057,861
2021 $7,528,150
2020 $7,426,994
2019 $7,261,069
2018 $7,124,971
2017 $6,977,803
2016 $6,835,983
2015 $6,786,474
2014 $6,735,520
2013 $6,635,867
2012 $6,522,312
2011 $6,334,653
2010 $6,241,301
2009 $6,075,954
2008 $6,070,405
2007 $5,832,370
2006 $5,687,861
2005 $5,500,000
2004 $5,326,590
2003 $5,228,324
2002 $5,106,936
2001 $5,028,902
2000 $4,864,162
1999 $4,736,994
1998 $4,661,850
1997 $4,583,815
Year Equivalent
1996 $4,436,416
1995 $4,326,590
1994 $4,213,873
1993 $4,101,156
1992 $3,985,549
1991 $3,867,052
1990 $3,644,509
1989 $3,482,659
1988 $3,335,260
1987 $3,193,642
1986 $3,158,960
1985 $3,043,353
1984 $2,927,746
1983 $2,820,809
1982 $2,716,763
1981 $2,494,220
1980 $2,216,763
1979 $1,956,647
1978 $1,794,798
1977 $1,682,081
1976 $1,604,046
1975 $1,500,000
1974 $1,335,260
1973 $1,228,324
1972 $1,187,861
1971 $1,150,289
1970 $1,089,595
1969 $1,026,012
Year Equivalent
1968 $979,769
1967 $950,867
1966 $919,075
1965 $901,734
1964 $893,064
1963 $878,613
1962 $867,052
1961 $861,272
1960 $849,711
1959 $835,260
1958 $820,809
1957 $797,688
1956 $774,566
1955 $771,676
1954 $777,457
1953 $771,676
1952 $765,896
1951 $722,543
1950 $682,081
1949 $696,532
1948 $676,301
1947 $621,387
1946 $526,012
1945 $514,451
1944 $502,890
1943 $488,439
1942 $447,977
1941 $407,514
Year Equivalent
1940 $404,624
1939 $404,624
1938 $416,185
1937 $404,624
1936 $398,844
1935 $387,283
1934 $381,503
1933 $378,613
1932 $421,965
1931 $465,318
1930 $497,110
1929 $494,220
1928 $500,000
1927 $511,561
1926 $517,341
1925 $500,000
1924 $500,000
1923 $488,439
1922 $500,000
1921 $560,694
1920 $546,243
1919 $476,879
1918 $395,954
1917 $335,260
1916 $297,688
1915 $291,908
1914 $289,017