Calculate the Value of $970,000 in 1937

What is $970k in 1937 worth in today's money?
Amount
$
From
To
$20,563,792
Adjusted for inflation, $970,000 in 1937 is equal to $20,563,792 in 2023.
Annual inflation over this period was 3.61%.
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 1937 dollars worth?
Year Equivalent
2023 $20,563,792
2022 $19,316,996
2021 $18,047,127
2020 $17,804,627
2019 $17,406,858
2018 $17,080,591
2017 $16,727,789
2016 $16,387,804
2015 $16,269,117
2014 $16,146,966
2013 $15,908,069
2012 $15,635,846
2011 $15,185,974
2010 $14,962,181
2009 $14,565,797
2008 $14,552,494
2007 $13,981,857
2006 $13,635,429
2005 $13,185,071
2004 $12,769,357
2003 $12,533,786
2002 $12,242,786
2001 $12,055,714
2000 $11,660,786
1999 $11,355,929
1998 $11,175,786
1997 $10,988,714
1996 $10,635,357
Year Equivalent
1995 $10,372,071
1994 $10,101,857
1993 $9,831,643
1992 $9,554,500
1991 $9,270,429
1990 $8,736,929
1989 $8,348,929
1988 $7,995,571
1987 $7,656,071
1986 $7,572,929
1985 $7,295,786
1984 $7,018,643
1983 $6,762,286
1982 $6,512,857
1981 $5,979,357
1980 $5,314,214
1979 $4,690,643
1978 $4,302,643
1977 $4,032,429
1976 $3,845,357
1975 $3,595,929
1974 $3,201,000
1973 $2,944,643
1972 $2,847,643
1971 $2,757,571
1970 $2,612,071
1969 $2,459,643
1968 $2,348,786
Year Equivalent
1967 $2,279,500
1966 $2,203,286
1965 $2,161,714
1964 $2,140,929
1963 $2,106,286
1962 $2,078,571
1961 $2,064,714
1960 $2,037,000
1959 $2,002,357
1958 $1,967,714
1957 $1,912,286
1956 $1,856,857
1955 $1,849,929
1954 $1,863,786
1953 $1,849,929
1952 $1,836,071
1951 $1,732,143
1950 $1,635,143
1949 $1,669,786
1948 $1,621,286
1947 $1,489,643
1946 $1,261,000
1945 $1,233,286
1944 $1,205,571
1943 $1,170,929
1942 $1,073,929
1941 $976,929
1940 $970,000
Year Equivalent
1939 $970,000
1938 $997,714
1937 $970,000
1936 $956,143
1935 $928,429
1934 $914,571
1933 $907,643
1932 $1,011,571
1931 $1,115,500
1930 $1,191,714
1929 $1,184,786
1928 $1,198,643
1927 $1,226,357
1926 $1,240,214
1925 $1,198,643
1924 $1,198,643
1923 $1,170,929
1922 $1,198,643
1921 $1,344,143
1920 $1,309,500
1919 $1,143,214
1918 $949,214
1917 $803,714
1916 $713,643
1915 $699,786
1914 $692,857