Calculate the Value of $970,000 in 1918

What is $970k in 1918 worth in today's money?
Amount
$
From
To
$21,014,094
Adjusted for inflation, $970,000 in 1918 is equal to $21,014,094 in 2023.
Annual inflation over this period was 2.97%.
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 $970,000 in 1918 dollars worth?
Year Equivalent
2023 $21,014,094
2022 $19,739,996
2021 $18,442,320
2020 $18,194,509
2019 $17,788,030
2018 $17,454,619
2017 $17,094,091
2016 $16,746,661
2015 $16,625,375
2014 $16,500,550
2013 $16,256,421
2012 $15,978,236
2011 $15,518,513
2010 $15,289,820
2009 $14,884,756
2008 $14,871,162
2007 $14,288,029
2006 $13,934,015
2005 $13,473,796
2004 $13,048,978
2003 $12,808,248
2002 $12,510,876
2001 $12,319,708
2000 $11,916,131
1999 $11,604,599
1998 $11,420,511
1997 $11,229,343
1996 $10,868,248
Year Equivalent
1995 $10,599,197
1994 $10,323,066
1993 $10,046,934
1992 $9,763,723
1991 $9,473,431
1990 $8,928,248
1989 $8,531,752
1988 $8,170,657
1987 $7,823,723
1986 $7,738,759
1985 $7,455,547
1984 $7,172,336
1983 $6,910,365
1982 $6,655,474
1981 $6,110,292
1980 $5,430,584
1979 $4,793,358
1978 $4,396,861
1977 $4,120,730
1976 $3,929,562
1975 $3,674,672
1974 $3,271,095
1973 $3,009,124
1972 $2,910,000
1971 $2,817,956
1970 $2,669,270
1969 $2,513,504
1968 $2,400,219
Year Equivalent
1967 $2,329,416
1966 $2,251,533
1965 $2,209,051
1964 $2,187,810
1963 $2,152,409
1962 $2,124,088
1961 $2,109,927
1960 $2,081,606
1959 $2,046,204
1958 $2,010,803
1957 $1,954,161
1956 $1,897,518
1955 $1,890,438
1954 $1,904,599
1953 $1,890,438
1952 $1,876,277
1951 $1,770,073
1950 $1,670,949
1949 $1,706,350
1948 $1,656,788
1947 $1,522,263
1946 $1,288,613
1945 $1,260,292
1944 $1,231,971
1943 $1,196,569
1942 $1,097,445
1941 $998,321
1940 $991,241
Year Equivalent
1939 $991,241
1938 $1,019,562
1937 $991,241
1936 $977,080
1935 $948,759
1934 $934,599
1933 $927,518
1932 $1,033,723
1931 $1,139,927
1930 $1,217,810
1929 $1,210,730
1928 $1,224,891
1927 $1,253,212
1926 $1,267,372
1925 $1,224,891
1924 $1,224,891
1923 $1,196,569
1922 $1,224,891
1921 $1,373,577
1920 $1,338,175
1919 $1,168,248
1918 $970,000
1917 $821,314
1916 $729,270
1915 $715,109
1914 $708,029