$1 million in 1943 is worth $19,363,006 today

$1 million in 1943 has the same buying power as

$19,363,006 in August 2026

That is 1,836% more, an average inflation rate of 3.63% a year over 83 years.

Put the other way, $1 million today buys what $51,644.87 bought in 1943. Cash kept under the mattress since 1943 has lost 95% of its value.

$1 million from nearby years

$1 million inWorth in August 2026Inflation that year
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%
1945$18,610,0002.3%
1946$17,178,4628.3%
1947$15,021,52514.4%
1948$13,899,5858.1%

How $1 million from 1943 grew

$0.00$5.0M$10.0M$15.0M$20.0M195019601970198019902000201020202026.625: $19.4M
$1 million from 1943 in each later year's dollars

$1 million of 1943 spending, by category

Not everything rose at the same pace. What $1 million spent on each of these in 1943 costs today:

CategoryCost in August 2026
Food$20,492,281
Rent$18,178,016
Gasoline$25,156,503
Medical care$52,946,696
Electricity$10,994,929
Clothing$4,919,137

Try a different amount or date

$1,000,000 in 1943 has the same buying power as

$19,363,006 in August 2026

Prices rose 1,836.3% in total, an average of 3.63% a year.

Questions

How much is $1 million in 1943 worth today?
$1 million in 1943 is worth $19,363,006 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $1 million in 1943?
You would need $19,363,006 to buy what $1 million bought in 1943. That is 19.36 times as much.
How much buying power has $1 million lost since 1943?
Kept as cash, $1 million from 1943 buys only what $51,644.87 of 1943 money bought. It has lost 95% of its buying power.
What was inflation in 1943?
Prices rose 6.1% in 1943. Since then the average has been 3.63% a year.

Other amounts from 1943

$1 million in other decades

Everything about inflation in 1943