How much is $1 million in 1973 worth today?

$1 million in 1973 is worth $7,544,595 in August 2026 dollars, according to the U.S. Consumer Price Index.

How much would I need today to match $1 million in 1973?

You would need $7,544,595 to buy what $1 million bought in 1973. That is 7.54 times as much.

Kept as cash, $1 million from 1973 buys only what $132,545 of 1973 money bought. It has lost 87% of its buying power.

Prices rose 6.2% in 1973. Since then the average has been 3.88% a year.

$1 million in 1973 has the same buying power as

$7,544,595 in August 2026

That is 654% more, an average inflation rate of 3.88% a year over 53 years.

Put the other way, $1 million today buys what $132,545 bought in 1973. Cash kept under the mattress since 1973 has lost 87% of its value.

$1 million from 1973 in each later year's dollars

Not everything rose at the same pace. What $1 million spent on each of these in 1973 costs today:

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

$1,000,000 in 1973 has the same buying power as

$7,544,595 in August 2026

Prices rose 654.5% in total, an average of 3.88% a year.

How much is $1 million in 1973 worth today?: $1 million in 1973 is worth $7,544,595 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $1 million in 1973?: You would need $7,544,595 to buy what $1 million bought in 1973. That is 7.54 times as much.
How much buying power has $1 million lost since 1973?: Kept as cash, $1 million from 1973 buys only what $132,545 of 1973 money bought. It has lost 87% of its buying power.
What was inflation in 1973?: Prices rose 6.2% in 1973. Since then the average has been 3.88% a year.