Calculate the Value of $950,000 in 1938

What is $950k in 1938 worth in today's money?
Amount
$
From
To
$17,184,049
Adjusted for inflation, $950,000 in 1938 is equal to $17,184,049 in 2021.
Annual inflation over this period was 3.55%.
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 $950,000 in 1938 dollars worth?
Year Equivalent
2021 $17,184,049
2020 $16,953,146
2019 $16,574,399
2018 $16,263,736
2017 $15,927,806
2016 $15,604,080
2015 $15,491,069
2014 $15,374,760
2013 $15,147,288
2012 $14,888,083
2011 $14,459,726
2010 $14,246,635
2009 $13,869,208
2008 $13,856,542
2007 $13,313,194
2006 $12,983,333
2005 $12,554,514
2004 $12,158,681
2003 $11,934,375
2002 $11,657,292
2001 $11,479,167
2000 $11,103,125
1999 $10,812,847
1998 $10,641,319
1997 $10,463,194
1996 $10,126,736
1995 $9,876,042
Year Equivalent
1994 $9,618,750
1993 $9,361,458
1992 $9,097,569
1991 $8,827,083
1990 $8,319,097
1989 $7,949,653
1988 $7,613,194
1987 $7,289,931
1986 $7,210,764
1985 $6,946,875
1984 $6,682,986
1983 $6,438,889
1982 $6,201,389
1981 $5,693,403
1980 $5,060,069
1979 $4,466,319
1978 $4,096,875
1977 $3,839,583
1976 $3,661,458
1975 $3,423,958
1974 $3,047,917
1973 $2,803,819
1972 $2,711,458
1971 $2,625,694
1970 $2,487,153
1969 $2,342,014
1968 $2,236,458
Year Equivalent
1967 $2,170,486
1966 $2,097,917
1965 $2,058,333
1964 $2,038,542
1963 $2,005,556
1962 $1,979,167
1961 $1,965,972
1960 $1,939,583
1959 $1,906,597
1958 $1,873,611
1957 $1,820,833
1956 $1,768,056
1955 $1,761,458
1954 $1,774,653
1953 $1,761,458
1952 $1,748,264
1951 $1,649,306
1950 $1,556,944
1949 $1,589,931
1948 $1,543,750
1947 $1,418,403
1946 $1,200,694
1945 $1,174,306
1944 $1,147,917
1943 $1,114,931
1942 $1,022,569
1941 $930,208
Year Equivalent
1940 $923,611
1939 $923,611
1938 $950,000
1937 $923,611
1936 $910,417
1935 $884,028
1934 $870,833
1933 $864,236
1932 $963,194
1931 $1,062,153
1930 $1,134,722
1929 $1,128,125
1928 $1,141,319
1927 $1,167,708
1926 $1,180,903
1925 $1,141,319
1924 $1,141,319
1923 $1,114,931
1922 $1,141,319
1921 $1,279,861
1920 $1,246,875
1919 $1,088,542
1918 $903,819
1917 $765,278
1916 $679,514
1915 $666,319
1914 $659,722