$1 million in 1939 is worth $24,099,281 today

$1 million in 1939 has the same buying power as

$24,099,281 in August 2026

That is 2,310% more, an average inflation rate of 3.72% a year over 87 years.

Put the other way, $1 million today buys what $41,495.01 bought in 1939. Cash kept under the mattress since 1939 has lost 96% of its value.

$1 million from nearby years

$1 million inWorth in August 2026Inflation that year
1934$24,998,5073.1%
1935$24,451,0952.2%
1936$24,099,2811.5%
1937$23,262,5003.6%
1938$23,757,447-2.1%
1939$24,099,281-1.4%
1940$23,927,1430.7%
1941$22,787,7555.0%
1942$20,550,92010.9%
1943$19,363,0066.1%
1944$19,032,9551.7%

How $1 million from 1939 grew

$0.00$5.0M$10.0M$15.0M$20.0M$25.0M1940195019601970198019902000201020202026.625: $24.1M
$1 million from 1939 in each later year's dollars

$1 million of 1939 spending, by category

Not everything rose at the same pace. What $1 million spent on each of these in 1939 costs today:

CategoryCost in August 2026
Food$29,696,441
Rent$18,945,021
Gasoline$27,886,667
Medical care$57,573,107
New cars$8,437,324
Electricity$10,728,616
Clothing$6,331,111

Try a different amount or date

$1,000,000 in 1939 has the same buying power as

$24,099,281 in August 2026

Prices rose 2,309.9% in total, an average of 3.72% a year.

Questions

How much is $1 million in 1939 worth today?
$1 million in 1939 is worth $24,099,281 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $1 million in 1939?
You would need $24,099,281 to buy what $1 million bought in 1939. That is 24.10 times as much.
How much buying power has $1 million lost since 1939?
Kept as cash, $1 million from 1939 buys only what $41,495.01 of 1939 money bought. It has lost 96% of its buying power.
What was inflation in 1939?
Prices rose -1.4% in 1939. Since then the average has been 3.72% a year.

Other amounts from 1939

$1 million in other decades

Everything about inflation in 1939