$1 million in 1982 is worth $3,471,295 today

$1 million in 1982 has the same buying power as

$3,471,295 in August 2026

That is 247% more, an average inflation rate of 2.86% a year over 44 years.

Put the other way, $1 million today buys what $288,077 bought in 1982. Cash kept under the mattress since 1982 has lost 71% of its value.

$1 million from nearby years

$1 million inWorth in August 2026Inflation that year
1977$5,527,7236.5%
1978$5,137,7307.6%
1979$4,614,05011.3%
1980$4,065,29113.5%
1981$3,685,14910.3%
1982$3,471,2956.2%
1983$3,363,2533.2%
1984$3,224,0624.3%
1985$3,113,1973.6%
1986$3,056,3871.9%
1987$2,948,7683.6%

How $1 million from 1982 grew

$0.00$500K$1.0M$1.5M$2.0M$2.5M$3.0M$3.5M19902000201020202026.625: $3.5M
$1 million from 1982 in each later year's dollars

$1 million of 1982 spending, by category

Not everything rose at the same pace. What $1 million spent on each of these in 1982 costs today:

CategoryCost in August 2026
Food$3,597,721
Rent$4,746,268
Gasoline$3,499,397
Medical care$6,410,843
New cars$1,843,231
College tuition$10,936,190
Electricity$3,236,503
Clothing$1,398,282

Try a different amount or date

$1,000,000 in 1982 has the same buying power as

$3,471,295 in August 2026

Prices rose 247.1% in total, an average of 2.86% a year.

Questions

How much is $1 million in 1982 worth today?
$1 million in 1982 is worth $3,471,295 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $1 million in 1982?
You would need $3,471,295 to buy what $1 million bought in 1982. That is 3.47 times as much.
How much buying power has $1 million lost since 1982?
Kept as cash, $1 million from 1982 buys only what $288,077 of 1982 money bought. It has lost 71% of its buying power.
What was inflation in 1982?
Prices rose 6.2% in 1982. Since then the average has been 2.86% a year.

Other amounts from 1982

$1 million in other decades

Everything about inflation in 1982