How much is $1 million in 1927 worth today?

$1 million in 1927 is worth $19,251,724 in August 2026 dollars, according to the U.S. Consumer Price Index.

How much would I need today to match $1 million in 1927?

You would need $19,251,724 to buy what $1 million bought in 1927. That is 19.25 times as much.

Kept as cash, $1 million from 1927 buys only what $51,943.40 of 1927 money bought. It has lost 95% of its buying power.

Prices rose -1.7% in 1927. Since then the average has been 3.03% a year.

$1 million in 1927 has the same buying power as

$19,251,724 in August 2026

That is 1,825% more, an average inflation rate of 3.03% a year over 99 years.

Put the other way, $1 million today buys what $51,943.40 bought in 1927. Cash kept under the mattress since 1927 has lost 95% of its value.

$1 million from 1927 in each later year's dollars

Not everything rose at the same pace. What $1 million spent on each of these in 1927 costs today:

Amount ($) From year From month To year To month

$1,000,000 in 1927 has the same buying power as

$19,251,724 in August 2026

Prices rose 1,825.2% in total, an average of 3.03% a year.

How much is $1 million in 1927 worth today?: $1 million in 1927 is worth $19,251,724 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $1 million in 1927?: You would need $19,251,724 to buy what $1 million bought in 1927. That is 19.25 times as much.
How much buying power has $1 million lost since 1927?: Kept as cash, $1 million from 1927 buys only what $51,943.40 of 1927 money bought. It has lost 95% of its buying power.
What was inflation in 1927?: Prices rose -1.7% in 1927. Since then the average has been 3.03% a year.