Calculate the Value of $970,000 in 1934

What is $970k in 1934 worth in today's money?
Amount
$
From
To
$21,810,083
Adjusted for inflation, $970,000 in 1934 is equal to $21,810,083 in 2023.
Annual inflation over this period was 3.56%.
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 1934 dollars worth?
Year Equivalent
2023 $21,810,083
2022 $20,487,723
2021 $19,140,892
2020 $18,883,695
2019 $18,461,819
2018 $18,115,779
2017 $17,741,594
2016 $17,381,004
2015 $17,255,124
2014 $17,125,570
2013 $16,872,195
2012 $16,583,473
2011 $16,106,336
2010 $15,868,980
2009 $15,448,573
2008 $15,434,464
2007 $14,829,242
2006 $14,461,818
2005 $13,984,167
2004 $13,543,258
2003 $13,293,409
2002 $12,984,773
2001 $12,786,364
2000 $12,367,500
1999 $12,044,167
1998 $11,853,106
1997 $11,654,697
1996 $11,279,924
Year Equivalent
1995 $11,000,682
1994 $10,714,091
1993 $10,427,500
1992 $10,133,561
1991 $9,832,273
1990 $9,266,439
1989 $8,854,924
1988 $8,480,152
1987 $8,120,076
1986 $8,031,894
1985 $7,737,955
1984 $7,444,015
1983 $7,172,121
1982 $6,907,576
1981 $6,341,742
1980 $5,636,288
1979 $4,974,924
1978 $4,563,409
1977 $4,276,818
1976 $4,078,409
1975 $3,813,864
1974 $3,395,000
1973 $3,123,106
1972 $3,020,227
1971 $2,924,697
1970 $2,770,379
1969 $2,608,712
1968 $2,491,136
Year Equivalent
1967 $2,417,652
1966 $2,336,818
1965 $2,292,727
1964 $2,270,682
1963 $2,233,939
1962 $2,204,545
1961 $2,189,848
1960 $2,160,455
1959 $2,123,712
1958 $2,086,970
1957 $2,028,182
1956 $1,969,394
1955 $1,962,045
1954 $1,976,742
1953 $1,962,045
1952 $1,947,348
1951 $1,837,121
1950 $1,734,242
1949 $1,770,985
1948 $1,719,545
1947 $1,579,924
1946 $1,337,424
1945 $1,308,030
1944 $1,278,636
1943 $1,241,894
1942 $1,139,015
1941 $1,036,136
1940 $1,028,788
Year Equivalent
1939 $1,028,788
1938 $1,058,182
1937 $1,028,788
1936 $1,014,091
1935 $984,697
1934 $970,000
1933 $962,652
1932 $1,072,879
1931 $1,183,106
1930 $1,263,939
1929 $1,256,591
1928 $1,271,288
1927 $1,300,682
1926 $1,315,379
1925 $1,271,288
1924 $1,271,288
1923 $1,241,894
1922 $1,271,288
1921 $1,425,606
1920 $1,388,864
1919 $1,212,500
1918 $1,006,742
1917 $852,424
1916 $756,894
1915 $742,197
1914 $734,848