Calculate the Value of $970,000 in 1929

What is $970k in 1929 worth in today's money?
Amount
$
From
To
$16,835,853
Adjusted for inflation, $970,000 in 1929 is equal to $16,835,853 in 2023.
Annual inflation over this period was 3.08%.
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 1929 dollars worth?
Year Equivalent
2023 $16,835,853
2022 $15,815,084
2021 $14,775,426
2020 $14,576,888
2019 $14,251,229
2018 $13,984,110
2017 $13,695,265
2016 $13,416,915
2015 $13,319,745
2014 $13,219,739
2013 $13,024,150
2012 $12,801,277
2011 $12,432,961
2010 $12,249,739
2009 $11,925,214
2008 $11,914,323
2007 $11,447,135
2006 $11,163,509
2005 $10,794,795
2004 $10,454,444
2003 $10,261,579
2002 $10,023,333
2001 $9,870,175
2000 $9,546,842
1999 $9,297,251
1998 $9,149,766
1997 $8,996,608
1996 $8,707,310
Year Equivalent
1995 $8,491,754
1994 $8,270,526
1993 $8,049,298
1992 $7,822,398
1991 $7,589,825
1990 $7,153,041
1989 $6,835,380
1988 $6,546,082
1987 $6,268,129
1986 $6,200,058
1985 $5,973,158
1984 $5,746,257
1983 $5,536,374
1982 $5,332,164
1981 $4,895,380
1980 $4,350,819
1979 $3,840,292
1978 $3,522,632
1977 $3,301,404
1976 $3,148,246
1975 $2,944,035
1974 $2,620,702
1973 $2,410,819
1972 $2,331,404
1971 $2,257,661
1970 $2,138,538
1969 $2,013,743
1968 $1,922,982
Year Equivalent
1967 $1,866,257
1966 $1,803,860
1965 $1,769,825
1964 $1,752,807
1963 $1,724,444
1962 $1,701,754
1961 $1,690,409
1960 $1,667,719
1959 $1,639,357
1958 $1,610,994
1957 $1,565,614
1956 $1,520,234
1955 $1,514,561
1954 $1,525,906
1953 $1,514,561
1952 $1,503,216
1951 $1,418,129
1950 $1,338,713
1949 $1,367,076
1948 $1,327,368
1947 $1,219,591
1946 $1,032,398
1945 $1,009,708
1944 $987,018
1943 $958,655
1942 $879,240
1941 $799,825
1940 $794,152
Year Equivalent
1939 $794,152
1938 $816,842
1937 $794,152
1936 $782,807
1935 $760,117
1934 $748,772
1933 $743,099
1932 $828,187
1931 $913,275
1930 $975,673
1929 $970,000
1928 $981,345
1927 $1,004,035
1926 $1,015,380
1925 $981,345
1924 $981,345
1923 $958,655
1922 $981,345
1921 $1,100,468
1920 $1,072,105
1919 $935,965
1918 $777,135
1917 $658,012
1916 $584,269
1915 $572,924
1914 $567,251