$1 million in 1964 is worth $10,805,806 today

$1 million in 1964 has the same buying power as

$10,805,806 in August 2026

That is 981% more, an average inflation rate of 3.91% a year over 62 years.

Put the other way, $1 million today buys what $92,542.84 bought in 1964. Cash kept under the mattress since 1964 has lost 91% of its value.

$1 million from nearby years

$1 million inWorth in August 2026Inflation that year
1959$11,511,3400.7%
1960$11,316,8921.7%
1961$11,203,3441.0%
1962$11,092,0531.0%
1963$10,947,0591.3%
1964$10,805,8061.3%
1965$10,634,2861.6%
1966$10,338,8892.9%
1967$10,029,3413.1%
1968$9,625,8624.2%
1969$9,127,5205.5%

How $1 million from 1964 grew

$0.00$2.0M$4.0M$6.0M$8.0M$10.0M$12.0M1970198019902000201020202026.625: $10.8M
$1 million from 1964 in each later year's dollars

$1 million of 1964 spending, by category

Not everything rose at the same pace. What $1 million spent on each of these in 1964 costs today:

CategoryCost in August 2026
Food$11,124,381
Rent$11,086,346
Gasoline$14,926,888
Medical care$24,105,813
New cars$3,530,747
Electricity$10,404,597
Clothing$2,891,163

Try a different amount or date

$1,000,000 in 1964 has the same buying power as

$10,805,806 in August 2026

Prices rose 980.6% in total, an average of 3.91% a year.

Questions

How much is $1 million in 1964 worth today?
$1 million in 1964 is worth $10,805,806 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $1 million in 1964?
You would need $10,805,806 to buy what $1 million bought in 1964. That is 10.81 times as much.
How much buying power has $1 million lost since 1964?
Kept as cash, $1 million from 1964 buys only what $92,542.84 of 1964 money bought. It has lost 91% of its buying power.
What was inflation in 1964?
Prices rose 1.3% in 1964. Since then the average has been 3.91% a year.

Other amounts from 1964

$1 million in other decades

Everything about inflation in 1964