Calculate the Value of $970,000 in 1920

What is $970k in 1920 worth in today's money?
Amount
$
From
To
$15,232,439
Adjusted for inflation, $970,000 in 1920 is equal to $15,232,439 in 2023.
Annual inflation over this period was 2.71%.
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 1920 dollars worth?
Year Equivalent
2023 $15,232,439
2022 $14,308,886
2021 $13,368,242
2020 $13,188,613
2019 $12,893,969
2018 $12,652,290
2017 $12,390,954
2016 $12,139,114
2015 $12,051,198
2014 $11,960,716
2013 $11,783,755
2012 $11,582,108
2011 $11,248,869
2010 $11,083,097
2009 $10,789,479
2008 $10,779,625
2007 $10,356,931
2006 $10,100,317
2005 $9,766,720
2004 $9,458,783
2003 $9,284,286
2002 $9,068,730
2001 $8,930,159
2000 $8,637,619
1999 $8,411,799
1998 $8,278,360
1997 $8,139,788
1996 $7,878,042
Year Equivalent
1995 $7,683,016
1994 $7,482,857
1993 $7,282,698
1992 $7,077,407
1991 $6,866,984
1990 $6,471,799
1989 $6,184,392
1988 $5,922,646
1987 $5,671,164
1986 $5,609,577
1985 $5,404,286
1984 $5,198,995
1983 $5,009,101
1982 $4,824,339
1981 $4,429,153
1980 $3,936,455
1979 $3,474,550
1978 $3,187,143
1977 $2,986,984
1976 $2,848,413
1975 $2,663,651
1974 $2,371,111
1973 $2,181,217
1972 $2,109,365
1971 $2,042,646
1970 $1,934,868
1969 $1,821,958
1968 $1,739,841
Year Equivalent
1967 $1,688,519
1966 $1,632,063
1965 $1,601,270
1964 $1,585,873
1963 $1,560,212
1962 $1,539,683
1961 $1,529,418
1960 $1,508,889
1959 $1,483,228
1958 $1,457,566
1957 $1,416,508
1956 $1,375,450
1955 $1,370,317
1954 $1,380,582
1953 $1,370,317
1952 $1,360,053
1951 $1,283,069
1950 $1,211,217
1949 $1,236,878
1948 $1,200,952
1947 $1,103,439
1946 $934,074
1945 $913,545
1944 $893,016
1943 $867,354
1942 $795,503
1941 $723,651
1940 $718,519
Year Equivalent
1939 $718,519
1938 $739,048
1937 $718,519
1936 $708,254
1935 $687,725
1934 $677,460
1933 $672,328
1932 $749,312
1931 $826,296
1930 $882,751
1929 $877,619
1928 $887,884
1927 $908,413
1926 $918,677
1925 $887,884
1924 $887,884
1923 $867,354
1922 $887,884
1921 $995,661
1920 $970,000
1919 $846,825
1918 $703,122
1917 $595,344
1916 $528,624
1915 $518,360
1914 $513,228