Calculate the Value of $500,000 in 1929

What is $500k in 1929 worth in today's money?
Amount
$
From
To
$8,678,275
Adjusted for inflation, $500,000 in 1929 is equal to $8,678,275 in 2023.
Annual inflation over this period was 3.08%.
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 1929 dollars worth?
Year Equivalent
2023 $8,678,275
2022 $8,152,105
2021 $7,616,199
2020 $7,513,860
2019 $7,345,994
2018 $7,208,304
2017 $7,059,415
2016 $6,915,936
2015 $6,865,848
2014 $6,814,298
2013 $6,713,480
2012 $6,598,596
2011 $6,408,743
2010 $6,314,298
2009 $6,147,018
2008 $6,141,404
2007 $5,900,585
2006 $5,754,386
2005 $5,564,327
2004 $5,388,889
2003 $5,289,474
2002 $5,166,667
2001 $5,087,719
2000 $4,921,053
1999 $4,792,398
1998 $4,716,374
1997 $4,637,427
1996 $4,488,304
Year Equivalent
1995 $4,377,193
1994 $4,263,158
1993 $4,149,123
1992 $4,032,164
1991 $3,912,281
1990 $3,687,135
1989 $3,523,392
1988 $3,374,269
1987 $3,230,994
1986 $3,195,906
1985 $3,078,947
1984 $2,961,988
1983 $2,853,801
1982 $2,748,538
1981 $2,523,392
1980 $2,242,690
1979 $1,979,532
1978 $1,815,789
1977 $1,701,754
1976 $1,622,807
1975 $1,517,544
1974 $1,350,877
1973 $1,242,690
1972 $1,201,754
1971 $1,163,743
1970 $1,102,339
1969 $1,038,012
1968 $991,228
Year Equivalent
1967 $961,988
1966 $929,825
1965 $912,281
1964 $903,509
1963 $888,889
1962 $877,193
1961 $871,345
1960 $859,649
1959 $845,029
1958 $830,409
1957 $807,018
1956 $783,626
1955 $780,702
1954 $786,550
1953 $780,702
1952 $774,854
1951 $730,994
1950 $690,058
1949 $704,678
1948 $684,211
1947 $628,655
1946 $532,164
1945 $520,468
1944 $508,772
1943 $494,152
1942 $453,216
1941 $412,281
1940 $409,357
Year Equivalent
1939 $409,357
1938 $421,053
1937 $409,357
1936 $403,509
1935 $391,813
1934 $385,965
1933 $383,041
1932 $426,901
1931 $470,760
1930 $502,924
1929 $500,000
1928 $505,848
1927 $517,544
1926 $523,392
1925 $505,848
1924 $505,848
1923 $494,152
1922 $505,848
1921 $567,251
1920 $552,632
1919 $482,456
1918 $400,585
1917 $339,181
1916 $301,170
1915 $295,322
1914 $292,398