$1 million in 1926 is worth $18,925,424 today

$1 million in 1926 has the same buying power as

$18,925,424 in August 2026

That is 1,793% more, an average inflation rate of 2.98% a year over 100 years.

Put the other way, $1 million today buys what $52,838.98 bought in 1926. Cash kept under the mattress since 1926 has lost 95% of its value.

$1 million from nearby years

$1 million inWorth in August 2026Inflation that year
1921$18,713,966-10.5%
1922$19,939,286-6.1%
1923$19,589,4741.8%
1924$19,589,4740.0%
1925$19,141,7142.3%
1926$18,925,4241.1%
1927$19,251,724-1.7%
1928$19,589,474-1.7%
1929$19,589,4740.0%
1930$20,058,683-2.3%
1931$22,038,158-9.0%

How $1 million from 1926 grew

$0.00$5.0M$10.0M$15.0M$20.0M194019601980200020202026.625: $18.9M
$1 million from 1926 in each later year's dollars

$1 million of 1926 spending, by category

Not everything rose at the same pace. What $1 million spent on each of these in 1926 costs today:

CategoryCost in August 2026
Food$20,612,824
Rent$13,128,567
Electricity$7,636,872
Clothing$5,280,000

Try a different amount or date

$1,000,000 in 1926 has the same buying power as

$18,925,424 in August 2026

Prices rose 1,792.5% in total, an average of 2.98% a year.

Questions

How much is $1 million in 1926 worth today?
$1 million in 1926 is worth $18,925,424 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $1 million in 1926?
You would need $18,925,424 to buy what $1 million bought in 1926. That is 18.93 times as much.
How much buying power has $1 million lost since 1926?
Kept as cash, $1 million from 1926 buys only what $52,838.98 of 1926 money bought. It has lost 95% of its buying power.
What was inflation in 1926?
Prices rose 1.1% in 1926. Since then the average has been 2.98% a year.

Other amounts from 1926

$1 million in other decades

Everything about inflation in 1926