How much is $1 million in 1930 worth today?

$1 million in 1930 is worth $20,058,683 in August 2026 dollars, according to the U.S. Consumer Price Index.

How much would I need today to match $1 million in 1930?

You would need $20,058,683 to buy what $1 million bought in 1930. That is 20.06 times as much.

Kept as cash, $1 million from 1930 buys only what $49,853.72 of 1930 money bought. It has lost 95% of its buying power.

Prices rose -2.3% in 1930. Since then the average has been 3.17% a year.

$1 million in 1930 has the same buying power as

$20,058,683 in August 2026

That is 1,906% more, an average inflation rate of 3.17% a year over 96 years.

Put the other way, $1 million today buys what $49,853.72 bought in 1930. Cash kept under the mattress since 1930 has lost 95% of its value.

$1 million from 1930 in each later year's dollars

Not everything rose at the same pace. What $1 million spent on each of these in 1930 costs today:

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

$1,000,000 in 1930 has the same buying power as

$20,058,683 in August 2026

Prices rose 1,905.9% in total, an average of 3.17% a year.

How much is $1 million in 1930 worth today?: $1 million in 1930 is worth $20,058,683 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $1 million in 1930?: You would need $20,058,683 to buy what $1 million bought in 1930. That is 20.06 times as much.
How much buying power has $1 million lost since 1930?: Kept as cash, $1 million from 1930 buys only what $49,853.72 of 1930 money bought. It has lost 95% of its buying power.
What was inflation in 1930?: Prices rose -2.3% in 1930. Since then the average has been 3.17% a year.