Calculate the Value of $500,000 in 1948

What is $500k in 1948 worth in today's money?
Amount
$
From
To
$5,957,308
Adjusted for inflation, $500,000 in 1948 is equal to $5,957,308 in 2022.
Annual inflation over this period was 3.41%.
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 1948 dollars worth?
Year Equivalent
2022 $5,957,308
2021 $5,565,684
2020 $5,490,897
2019 $5,368,226
2018 $5,267,607
2017 $5,158,803
2016 $5,053,953
2015 $5,017,350
2014 $4,979,679
2013 $4,906,004
2012 $4,822,051
2011 $4,683,312
2010 $4,614,295
2009 $4,492,051
2008 $4,487,949
2007 $4,311,966
2006 $4,205,128
2005 $4,066,239
2004 $3,938,034
2003 $3,865,385
2002 $3,775,641
2001 $3,717,949
2000 $3,596,154
1999 $3,502,137
1998 $3,446,581
1997 $3,388,889
1996 $3,279,915
1995 $3,198,718
Year Equivalent
1994 $3,115,385
1993 $3,032,051
1992 $2,946,581
1991 $2,858,974
1990 $2,694,444
1989 $2,574,786
1988 $2,465,812
1987 $2,361,111
1986 $2,335,470
1985 $2,250,000
1984 $2,164,530
1983 $2,085,470
1982 $2,008,547
1981 $1,844,017
1980 $1,638,889
1979 $1,446,581
1978 $1,326,923
1977 $1,243,590
1976 $1,185,897
1975 $1,108,974
1974 $987,179
1973 $908,120
1972 $878,205
1971 $850,427
1970 $805,556
1969 $758,547
1968 $724,359
1967 $702,991
Year Equivalent
1966 $679,487
1965 $666,667
1964 $660,256
1963 $649,573
1962 $641,026
1961 $636,752
1960 $628,205
1959 $617,521
1958 $606,838
1957 $589,744
1956 $572,650
1955 $570,513
1954 $574,786
1953 $570,513
1952 $566,239
1951 $534,188
1950 $504,274
1949 $514,957
1948 $500,000
1947 $459,402
1946 $388,889
1945 $380,342
1944 $371,795
1943 $361,111
1942 $331,197
1941 $301,282
1940 $299,145
1939 $299,145
Year Equivalent
1938 $307,692
1937 $299,145
1936 $294,872
1935 $286,325
1934 $282,051
1933 $279,915
1932 $311,966
1931 $344,017
1930 $367,521
1929 $365,385
1928 $369,658
1927 $378,205
1926 $382,479
1925 $369,658
1924 $369,658
1923 $361,111
1922 $369,658
1921 $414,530
1920 $403,846
1919 $352,564
1918 $292,735
1917 $247,863
1916 $220,085
1915 $215,812
1914 $213,675