Calculate the Value of $970,000 in 1922

What is $970k in 1922 worth in today's money?
Amount
$
From
To
$16,641,219
Adjusted for inflation, $970,000 in 1922 is equal to $16,641,219 in 2023.
Annual inflation over this period was 2.85%.
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 1922 dollars worth?
Year Equivalent
2023 $16,641,219
2022 $15,632,251
2021 $14,604,612
2020 $14,408,369
2019 $14,086,475
2018 $13,822,444
2017 $13,536,939
2016 $13,261,806
2015 $13,165,760
2014 $13,066,909
2013 $12,873,582
2012 $12,653,286
2011 $12,289,227
2010 $12,108,123
2009 $11,787,350
2008 $11,776,585
2007 $11,314,798
2006 $11,034,451
2005 $10,670,000
2004 $10,333,584
2003 $10,142,948
2002 $9,907,457
2001 $9,756,069
2000 $9,436,474
1999 $9,189,769
1998 $9,043,988
1997 $8,892,601
1996 $8,606,647
Year Equivalent
1995 $8,393,584
1994 $8,174,913
1993 $7,956,243
1992 $7,731,965
1991 $7,502,081
1990 $7,070,347
1989 $6,756,358
1988 $6,470,405
1987 $6,195,665
1986 $6,128,382
1985 $5,904,104
1984 $5,679,827
1983 $5,472,370
1982 $5,270,520
1981 $4,838,786
1980 $4,300,520
1979 $3,795,896
1978 $3,481,908
1977 $3,263,237
1976 $3,111,850
1975 $2,910,000
1974 $2,590,405
1973 $2,382,948
1972 $2,304,451
1971 $2,231,561
1970 $2,113,815
1969 $1,990,462
1968 $1,900,751
Year Equivalent
1967 $1,844,682
1966 $1,783,006
1965 $1,749,364
1964 $1,732,543
1963 $1,704,509
1962 $1,682,081
1961 $1,670,867
1960 $1,648,439
1959 $1,620,405
1958 $1,592,370
1957 $1,547,514
1956 $1,502,659
1955 $1,497,052
1954 $1,508,266
1953 $1,497,052
1952 $1,485,838
1951 $1,401,734
1950 $1,323,237
1949 $1,351,272
1948 $1,312,023
1947 $1,205,491
1946 $1,020,462
1945 $998,035
1944 $975,607
1943 $947,572
1942 $869,075
1941 $790,578
1940 $784,971
Year Equivalent
1939 $784,971
1938 $807,399
1937 $784,971
1936 $773,757
1935 $751,329
1934 $740,116
1933 $734,509
1932 $818,613
1931 $902,717
1930 $964,393
1929 $958,786
1928 $970,000
1927 $992,428
1926 $1,003,642
1925 $970,000
1924 $970,000
1923 $947,572
1922 $970,000
1921 $1,087,746
1920 $1,059,711
1919 $925,145
1918 $768,150
1917 $650,405
1916 $577,514
1915 $566,301
1914 $560,694