Calculate the Value of $980,000 in 1918

What is $980k in 1918 money adjusted for inflation? Convert $980,000 from 1918 dollars to 2024 dollars.
Amount
$
From
To
$21,942,415
Adjusted for inflation, $980,000 in 1918 is equal to $21,942,415 in 2024.
Annual inflation over this period was 2.98%.
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 $980,000 in 1918 dollars worth?
Year Equivalent
2024 $21,942,415
2023 $21,230,734
2022 $19,943,501
2021 $18,632,447
2020 $18,382,082
2019 $17,971,412
2018 $17,634,564
2017 $17,270,318
2016 $16,919,307
2015 $16,796,771
2014 $16,670,658
2013 $16,424,013
2012 $16,142,961
2011 $15,678,498
2010 $15,447,447
2009 $15,038,207
2008 $15,024,473
2007 $14,435,328
2006 $14,077,664
2005 $13,612,701
2004 $13,183,504
2003 $12,940,292
2002 $12,639,854
2001 $12,446,715
2000 $12,038,978
1999 $11,724,234
1998 $11,538,248
1997 $11,345,109
Year Equivalent
1996 $10,980,292
1995 $10,708,467
1994 $10,429,489
1993 $10,150,511
1992 $9,864,380
1991 $9,571,095
1990 $9,020,292
1989 $8,619,708
1988 $8,254,891
1987 $7,904,380
1986 $7,818,540
1985 $7,532,409
1984 $7,246,277
1983 $6,981,606
1982 $6,724,088
1981 $6,173,285
1980 $5,486,569
1979 $4,842,774
1978 $4,442,190
1977 $4,163,212
1976 $3,970,073
1975 $3,712,555
1974 $3,304,818
1973 $3,040,146
1972 $2,940,000
1971 $2,847,007
1970 $2,696,788
1969 $2,539,416
Year Equivalent
1968 $2,424,964
1967 $2,353,431
1966 $2,274,745
1965 $2,231,825
1964 $2,210,365
1963 $2,174,599
1962 $2,145,985
1961 $2,131,679
1960 $2,103,066
1959 $2,067,299
1958 $2,031,533
1957 $1,974,307
1956 $1,917,080
1955 $1,909,927
1954 $1,924,234
1953 $1,909,927
1952 $1,895,620
1951 $1,788,321
1950 $1,688,175
1949 $1,723,942
1948 $1,673,869
1947 $1,537,956
1946 $1,301,898
1945 $1,273,285
1944 $1,244,672
1943 $1,208,905
1942 $1,108,759
1941 $1,008,613
Year Equivalent
1940 $1,001,460
1939 $1,001,460
1938 $1,030,073
1937 $1,001,460
1936 $987,153
1935 $958,540
1934 $944,234
1933 $937,080
1932 $1,044,380
1931 $1,151,679
1930 $1,230,365
1929 $1,223,212
1928 $1,237,518
1927 $1,266,131
1926 $1,280,438
1925 $1,237,518
1924 $1,237,518
1923 $1,208,905
1922 $1,237,518
1921 $1,387,737
1920 $1,351,971
1919 $1,180,292
1918 $980,000
1917 $829,781
1916 $736,788
1915 $722,482
1914 $715,328