Calculate the Value of $970,000 in 1947

What is $970k in 1947 worth in today's money?
Amount
$
From
To
$13,390,376
Adjusted for inflation, $970,000 in 1947 is equal to $13,390,376 in 2023.
Annual inflation over this period was 3.51%.
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 1947 dollars worth?
Year Equivalent
2023 $13,390,376
2022 $12,578,509
2021 $11,751,618
2020 $11,593,711
2019 $11,334,698
2018 $11,122,246
2017 $10,892,513
2016 $10,671,128
2015 $10,593,844
2014 $10,514,304
2013 $10,358,743
2012 $10,181,481
2011 $9,888,541
2010 $9,742,815
2009 $9,484,705
2008 $9,476,043
2007 $9,104,465
2006 $8,878,884
2005 $8,585,628
2004 $8,314,930
2003 $8,161,535
2002 $7,972,047
2001 $7,850,233
2000 $7,593,070
1999 $7,394,558
1998 $7,277,256
1997 $7,155,442
1996 $6,925,349
Year Equivalent
1995 $6,753,907
1994 $6,577,953
1993 $6,402,000
1992 $6,221,535
1991 $6,036,558
1990 $5,689,163
1989 $5,436,512
1988 $5,206,419
1987 $4,985,349
1986 $4,931,209
1985 $4,750,744
1984 $4,570,279
1983 $4,403,349
1982 $4,240,930
1981 $3,893,535
1980 $3,460,419
1979 $3,054,372
1978 $2,801,721
1977 $2,625,767
1976 $2,503,953
1975 $2,341,535
1974 $2,084,372
1973 $1,917,442
1972 $1,854,279
1971 $1,795,628
1970 $1,700,884
1969 $1,601,628
1968 $1,529,442
Year Equivalent
1967 $1,484,326
1966 $1,434,698
1965 $1,407,628
1964 $1,394,093
1963 $1,371,535
1962 $1,353,488
1961 $1,344,465
1960 $1,326,419
1959 $1,303,860
1958 $1,281,302
1957 $1,245,209
1956 $1,209,116
1955 $1,204,605
1954 $1,213,628
1953 $1,204,605
1952 $1,195,581
1951 $1,127,907
1950 $1,064,744
1949 $1,087,302
1948 $1,055,721
1947 $970,000
1946 $821,116
1945 $803,070
1944 $785,023
1943 $762,465
1942 $699,302
1941 $636,140
1940 $631,628
Year Equivalent
1939 $631,628
1938 $649,674
1937 $631,628
1936 $622,605
1935 $604,558
1934 $595,535
1933 $591,023
1932 $658,698
1931 $726,372
1930 $776,000
1929 $771,488
1928 $780,512
1927 $798,558
1926 $807,581
1925 $780,512
1924 $780,512
1923 $762,465
1922 $780,512
1921 $875,256
1920 $852,698
1919 $744,419
1918 $618,093
1917 $523,349
1916 $464,698
1915 $455,674
1914 $451,163