Calculate the Value of $500,000 in 1954

What is $500k in 1954 worth in today's money?
Amount
$
From
To
$5,516,673
Adjusted for inflation, $500,000 in 1954 is equal to $5,516,673 in 2023.
Annual inflation over this period was 3.54%.
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 1954 dollars worth?
Year Equivalent
2023 $5,516,673
2022 $5,182,193
2021 $4,841,524
2020 $4,776,468
2019 $4,669,758
2018 $4,582,230
2017 $4,487,584
2016 $4,396,375
2015 $4,364,535
2014 $4,331,766
2013 $4,267,677
2012 $4,194,647
2011 $4,073,959
2010 $4,013,922
2009 $3,907,584
2008 $3,904,015
2007 $3,750,929
2006 $3,657,993
2005 $3,537,175
2004 $3,425,651
2003 $3,362,454
2002 $3,284,387
2001 $3,234,201
2000 $3,128,253
1999 $3,046,468
1998 $2,998,141
1997 $2,947,955
1996 $2,853,160
Year Equivalent
1995 $2,782,528
1994 $2,710,037
1993 $2,637,546
1992 $2,563,197
1991 $2,486,989
1990 $2,343,866
1989 $2,239,777
1988 $2,144,981
1987 $2,053,903
1986 $2,031,599
1985 $1,957,249
1984 $1,882,900
1983 $1,814,126
1982 $1,747,212
1981 $1,604,089
1980 $1,425,651
1979 $1,258,364
1978 $1,154,275
1977 $1,081,784
1976 $1,031,599
1975 $964,684
1974 $858,736
1973 $789,963
1972 $763,941
1971 $739,777
1970 $700,743
1969 $659,851
1968 $630,112
Year Equivalent
1967 $611,524
1966 $591,078
1965 $579,926
1964 $574,349
1963 $565,056
1962 $557,621
1961 $553,903
1960 $546,468
1959 $537,175
1958 $527,881
1957 $513,011
1956 $498,141
1955 $496,283
1954 $500,000
1953 $496,283
1952 $492,565
1951 $464,684
1950 $438,662
1949 $447,955
1948 $434,944
1947 $399,628
1946 $338,290
1945 $330,855
1944 $323,420
1943 $314,126
1942 $288,104
1941 $262,082
1940 $260,223
Year Equivalent
1939 $260,223
1938 $267,658
1937 $260,223
1936 $256,506
1935 $249,071
1934 $245,353
1933 $243,494
1932 $271,375
1931 $299,257
1930 $319,703
1929 $317,844
1928 $321,561
1927 $328,996
1926 $332,714
1925 $321,561
1924 $321,561
1923 $314,126
1922 $321,561
1921 $360,595
1920 $351,301
1919 $306,691
1918 $254,647
1917 $215,613
1916 $191,450
1915 $187,732
1914 $185,874