Calculate the Value of $970,000 in 1972

What is $970k in 1972 worth in today's money?
Amount
$
From
To
$7,004,698
Adjusted for inflation, $970,000 in 1972 is equal to $7,004,698 in 2023.
Annual inflation over this period was 3.95%.
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 1972 dollars worth?
Year Equivalent
2023 $7,004,698
2022 $6,579,999
2021 $6,147,440
2020 $6,064,836
2019 $5,929,343
2018 $5,818,206
2017 $5,698,030
2016 $5,582,220
2015 $5,541,792
2014 $5,500,183
2013 $5,418,807
2012 $5,326,079
2011 $5,172,838
2010 $5,096,607
2009 $4,961,585
2008 $4,957,054
2007 $4,762,676
2006 $4,644,672
2005 $4,491,265
2004 $4,349,659
2003 $4,269,416
2002 $4,170,292
2001 $4,106,569
2000 $3,972,044
1999 $3,868,200
1998 $3,806,837
1997 $3,743,114
1996 $3,622,749
Year Equivalent
1995 $3,533,066
1994 $3,441,022
1993 $3,348,978
1992 $3,254,574
1991 $3,157,810
1990 $2,976,083
1989 $2,843,917
1988 $2,723,552
1987 $2,607,908
1986 $2,579,586
1985 $2,485,182
1984 $2,390,779
1983 $2,303,455
1982 $2,218,491
1981 $2,036,764
1980 $1,810,195
1979 $1,597,786
1978 $1,465,620
1977 $1,373,577
1976 $1,309,854
1975 $1,224,891
1974 $1,090,365
1973 $1,003,041
1972 $970,000
1971 $939,319
1970 $889,757
1969 $837,835
1968 $800,073
Year Equivalent
1967 $776,472
1966 $750,511
1965 $736,350
1964 $729,270
1963 $717,470
1962 $708,029
1961 $703,309
1960 $693,869
1959 $682,068
1958 $670,268
1957 $651,387
1956 $632,506
1955 $630,146
1954 $634,866
1953 $630,146
1952 $625,426
1951 $590,024
1950 $556,983
1949 $568,783
1948 $552,263
1947 $507,421
1946 $429,538
1945 $420,097
1944 $410,657
1943 $398,856
1942 $365,815
1941 $332,774
1940 $330,414
Year Equivalent
1939 $330,414
1938 $339,854
1937 $330,414
1936 $325,693
1935 $316,253
1934 $311,533
1933 $309,173
1932 $344,574
1931 $379,976
1930 $405,937
1929 $403,577
1928 $408,297
1927 $417,737
1926 $422,457
1925 $408,297
1924 $408,297
1923 $398,856
1922 $408,297
1921 $457,859
1920 $446,058
1919 $389,416
1918 $323,333
1917 $273,771
1916 $243,090
1915 $238,370
1914 $236,010