Calculate the Value of $670,000 in 1948

What is $670k in 1948 worth in today's money?
Amount
$
From
To
$8,498,034
Adjusted for inflation, $670,000 in 1948 is equal to $8,498,034 in 2023.
Annual inflation over this period was 3.45%.
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 $670,000 in 1948 dollars worth?
Year Equivalent
2023 $8,498,034
2022 $7,982,792
2021 $7,458,016
2020 $7,357,803
2019 $7,193,424
2018 $7,058,593
2017 $6,912,797
2016 $6,772,297
2015 $6,723,250
2014 $6,672,771
2013 $6,574,046
2012 $6,461,549
2011 $6,275,638
2010 $6,183,155
2009 $6,019,349
2008 $6,013,851
2007 $5,778,034
2006 $5,634,872
2005 $5,448,761
2004 $5,276,966
2003 $5,179,615
2002 $5,059,359
2001 $4,982,051
2000 $4,818,846
1999 $4,692,863
1998 $4,618,419
1997 $4,541,111
1996 $4,395,085
Year Equivalent
1995 $4,286,282
1994 $4,174,615
1993 $4,062,949
1992 $3,948,419
1991 $3,831,026
1990 $3,610,556
1989 $3,450,214
1988 $3,304,188
1987 $3,163,889
1986 $3,129,530
1985 $3,015,000
1984 $2,900,470
1983 $2,794,530
1982 $2,691,453
1981 $2,470,983
1980 $2,196,111
1979 $1,938,419
1978 $1,778,077
1977 $1,666,410
1976 $1,589,103
1975 $1,486,026
1974 $1,322,821
1973 $1,216,880
1972 $1,176,795
1971 $1,139,573
1970 $1,079,444
1969 $1,016,453
1968 $970,641
Year Equivalent
1967 $942,009
1966 $910,513
1965 $893,333
1964 $884,744
1963 $870,427
1962 $858,974
1961 $853,248
1960 $841,795
1959 $827,479
1958 $813,162
1957 $790,256
1956 $767,350
1955 $764,487
1954 $770,214
1953 $764,487
1952 $758,761
1951 $715,812
1950 $675,726
1949 $690,043
1948 $670,000
1947 $615,598
1946 $521,111
1945 $509,658
1944 $498,205
1943 $483,889
1942 $443,803
1941 $403,718
1940 $400,855
Year Equivalent
1939 $400,855
1938 $412,308
1937 $400,855
1936 $395,128
1935 $383,675
1934 $377,949
1933 $375,085
1932 $418,034
1931 $460,983
1930 $492,479
1929 $489,615
1928 $495,342
1927 $506,795
1926 $512,521
1925 $495,342
1924 $495,342
1923 $483,889
1922 $495,342
1921 $555,470
1920 $541,154
1919 $472,436
1918 $392,265
1917 $332,137
1916 $294,915
1915 $289,188
1914 $286,325