$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 in | Worth in August 2026 | Inflation that year |
|---|---|---|
| 1921 | $18,713,966 | -10.5% |
| 1922 | $19,939,286 | -6.1% |
| 1923 | $19,589,474 | 1.8% |
| 1924 | $19,589,474 | 0.0% |
| 1925 | $19,141,714 | 2.3% |
| 1926 | $18,925,424 | 1.1% |
| 1927 | $19,251,724 | -1.7% |
| 1928 | $19,589,474 | -1.7% |
| 1929 | $19,589,474 | 0.0% |
| 1930 | $20,058,683 | -2.3% |
| 1931 | $22,038,158 | -9.0% |
How $1 million from 1926 grew
$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:
| Category | Cost 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
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 in 1926
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- $100,000 in 1926