Calculate the Value of $980,000 in 1970

What is $980k in 1970 money adjusted for inflation? Convert $980,000 from 1970 dollars to 2024 dollars.
Amount
$
From
To
$7,973,769
Adjusted for inflation, $980,000 in 1970 is equal to $7,973,769 in 2024.
Annual inflation over this period was 3.96%.
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 1970 dollars worth?
Year Equivalent
2024 $7,973,769
2023 $7,715,147
2022 $7,247,373
2021 $6,770,942
2020 $6,679,961
2019 $6,530,725
2018 $6,408,316
2017 $6,275,951
2016 $6,148,395
2015 $6,103,866
2014 $6,058,038
2013 $5,968,408
2012 $5,866,275
2011 $5,697,491
2010 $5,613,528
2009 $5,464,813
2008 $5,459,822
2007 $5,245,729
2006 $5,115,756
2005 $4,946,790
2004 $4,790,822
2003 $4,702,440
2002 $4,593,263
2001 $4,523,077
2000 $4,374,907
1999 $4,260,531
1998 $4,192,944
1997 $4,122,759
Year Equivalent
1996 $3,990,186
1995 $3,891,406
1994 $3,790,027
1993 $3,688,647
1992 $3,584,668
1991 $3,478,090
1990 $3,277,931
1989 $3,132,361
1988 $2,999,788
1987 $2,872,414
1986 $2,841,220
1985 $2,737,241
1984 $2,633,263
1983 $2,537,082
1982 $2,443,501
1981 $2,243,342
1980 $1,993,793
1979 $1,759,841
1978 $1,614,271
1977 $1,512,891
1976 $1,442,706
1975 $1,349,125
1974 $1,200,955
1973 $1,104,775
1972 $1,068,382
1971 $1,034,589
1970 $980,000
1969 $922,812
Year Equivalent
1968 $881,220
1967 $855,225
1966 $826,631
1965 $811,034
1964 $803,236
1963 $790,239
1962 $779,841
1961 $774,642
1960 $764,244
1959 $751,247
1958 $738,249
1957 $717,454
1956 $696,658
1955 $694,058
1954 $699,257
1953 $694,058
1952 $688,859
1951 $649,867
1950 $613,475
1949 $626,472
1948 $608,276
1947 $558,886
1946 $473,103
1945 $462,706
1944 $452,308
1943 $439,310
1942 $402,918
1941 $366,525
Year Equivalent
1940 $363,926
1939 $363,926
1938 $374,324
1937 $363,926
1936 $358,727
1935 $348,329
1934 $343,130
1933 $340,531
1932 $379,523
1931 $418,515
1930 $447,109
1929 $444,509
1928 $449,708
1927 $460,106
1926 $465,305
1925 $449,708
1924 $449,708
1923 $439,310
1922 $449,708
1921 $504,297
1920 $491,300
1919 $428,912
1918 $356,127
1917 $301,538
1916 $267,745
1915 $262,546
1914 $259,947