How much is $1 million in 1949 worth today?

$1 million in 1949 is worth $14,074,790 in August 2026 dollars, according to the U.S. Consumer Price Index.

How much would I need today to match $1 million in 1949?

You would need $14,074,790 to buy what $1 million bought in 1949. That is 14.07 times as much.

Kept as cash, $1 million from 1949 buys only what $71,049.02 of 1949 money bought. It has lost 93% of its buying power.

Prices rose -1.2% in 1949. Since then the average has been 3.49% a year.

$1 million in 1949 has the same buying power as

$14,074,790 in August 2026

That is 1,307% more, an average inflation rate of 3.49% a year over 77 years.

Put the other way, $1 million today buys what $71,049.02 bought in 1949. Cash kept under the mattress since 1949 has lost 93% of its value.

$1 million from 1949 in each later year's dollars

Not everything rose at the same pace. What $1 million spent on each of these in 1949 costs today:

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

$1,000,000 in 1949 has the same buying power as

$14,074,790 in August 2026

Prices rose 1,307.5% in total, an average of 3.49% a year.

How much is $1 million in 1949 worth today?: $1 million in 1949 is worth $14,074,790 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $1 million in 1949?: You would need $14,074,790 to buy what $1 million bought in 1949. That is 14.07 times as much.
How much buying power has $1 million lost since 1949?: Kept as cash, $1 million from 1949 buys only what $71,049.02 of 1949 money bought. It has lost 93% of its buying power.
What was inflation in 1949?: Prices rose -1.2% in 1949. Since then the average has been 3.49% a year.