Calculate the Value of $500,000 in 1931

What is $500k in 1931 worth in today's money?
Amount
$
From
To
$9,217,298
Adjusted for inflation, $500,000 in 1931 is equal to $9,217,298 in 2023.
Annual inflation over this period was 3.22%.
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 1931 dollars worth?
Year Equivalent
2023 $9,217,298
2022 $8,658,447
2021 $8,089,255
2020 $7,980,559
2019 $7,802,267
2018 $7,656,025
2017 $7,497,888
2016 $7,345,497
2015 $7,292,298
2014 $7,237,547
2013 $7,130,466
2012 $7,008,447
2011 $6,806,801
2010 $6,706,491
2009 $6,528,820
2008 $6,522,857
2007 $6,267,081
2006 $6,111,801
2005 $5,909,938
2004 $5,723,602
2003 $5,618,012
2002 $5,487,578
2001 $5,403,727
2000 $5,226,708
1999 $5,090,062
1998 $5,009,317
1997 $4,925,466
1996 $4,767,081
Year Equivalent
1995 $4,649,068
1994 $4,527,950
1993 $4,406,832
1992 $4,282,609
1991 $4,155,280
1990 $3,916,149
1989 $3,742,236
1988 $3,583,851
1987 $3,431,677
1986 $3,394,410
1985 $3,270,186
1984 $3,145,963
1983 $3,031,056
1982 $2,919,255
1981 $2,680,124
1980 $2,381,988
1979 $2,102,484
1978 $1,928,571
1977 $1,807,453
1976 $1,723,602
1975 $1,611,801
1974 $1,434,783
1973 $1,319,876
1972 $1,276,398
1971 $1,236,025
1970 $1,170,807
1969 $1,102,484
1968 $1,052,795
Year Equivalent
1967 $1,021,739
1966 $987,578
1965 $968,944
1964 $959,627
1963 $944,099
1962 $931,677
1961 $925,466
1960 $913,043
1959 $897,516
1958 $881,988
1957 $857,143
1956 $832,298
1955 $829,193
1954 $835,404
1953 $829,193
1952 $822,981
1951 $776,398
1950 $732,919
1949 $748,447
1948 $726,708
1947 $667,702
1946 $565,217
1945 $552,795
1944 $540,373
1943 $524,845
1942 $481,366
1941 $437,888
1940 $434,783
Year Equivalent
1939 $434,783
1938 $447,205
1937 $434,783
1936 $428,571
1935 $416,149
1934 $409,938
1933 $406,832
1932 $453,416
1931 $500,000
1930 $534,161
1929 $531,056
1928 $537,267
1927 $549,689
1926 $555,901
1925 $537,267
1924 $537,267
1923 $524,845
1922 $537,267
1921 $602,484
1920 $586,957
1919 $512,422
1918 $425,466
1917 $360,248
1916 $319,876
1915 $313,665
1914 $310,559