Calculate the Value of $970,000 in 1954

What is $970k in 1954 worth in today's money?
Amount
$
From
To
$10,702,345
Adjusted for inflation, $970,000 in 1954 is equal to $10,702,345 in 2023.
Annual inflation over this period was 3.54%.
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 1954 dollars worth?
Year Equivalent
2023 $10,702,345
2022 $10,053,455
2021 $9,392,557
2020 $9,266,349
2019 $9,059,331
2018 $8,889,527
2017 $8,705,912
2016 $8,528,968
2015 $8,467,199
2014 $8,403,626
2013 $8,279,293
2012 $8,137,615
2011 $7,903,481
2010 $7,787,009
2009 $7,580,712
2008 $7,573,789
2007 $7,276,803
2006 $7,096,506
2005 $6,862,119
2004 $6,645,762
2003 $6,523,160
2002 $6,371,710
2001 $6,274,349
2000 $6,068,810
1999 $5,910,149
1998 $5,816,394
1997 $5,719,033
1996 $5,535,130
Year Equivalent
1995 $5,398,104
1994 $5,257,472
1993 $5,116,840
1992 $4,972,602
1991 $4,824,758
1990 $4,547,100
1989 $4,345,167
1988 $4,161,264
1987 $3,984,572
1986 $3,941,301
1985 $3,797,063
1984 $3,652,825
1983 $3,519,405
1982 $3,389,591
1981 $3,111,933
1980 $2,765,762
1979 $2,441,227
1978 $2,239,294
1977 $2,098,662
1976 $2,001,301
1975 $1,871,487
1974 $1,665,948
1973 $1,532,528
1972 $1,482,045
1971 $1,435,167
1970 $1,359,442
1969 $1,280,112
1968 $1,222,416
Year Equivalent
1967 $1,186,357
1966 $1,146,691
1965 $1,125,056
1964 $1,114,238
1963 $1,096,208
1962 $1,081,784
1961 $1,074,572
1960 $1,060,149
1959 $1,042,119
1958 $1,024,089
1957 $995,242
1956 $966,394
1955 $962,788
1954 $970,000
1953 $962,788
1952 $955,576
1951 $901,487
1950 $851,004
1949 $869,033
1948 $843,792
1947 $775,279
1946 $656,283
1945 $641,859
1944 $627,435
1943 $609,405
1942 $558,922
1941 $508,439
1940 $504,833
Year Equivalent
1939 $504,833
1938 $519,257
1937 $504,833
1936 $497,621
1935 $483,197
1934 $475,985
1933 $472,379
1932 $526,468
1931 $580,558
1930 $620,223
1929 $616,617
1928 $623,829
1927 $638,253
1926 $645,465
1925 $623,829
1924 $623,829
1923 $609,405
1922 $623,829
1921 $699,554
1920 $681,524
1919 $594,981
1918 $494,015
1917 $418,290
1916 $371,413
1915 $364,201
1914 $360,595