$1 million in 1984 is worth $3,224,062 today

$1 million in 1984 has the same buying power as

$3,224,062 in August 2026

That is 222% more, an average inflation rate of 2.82% a year over 42 years.

Put the other way, $1 million today buys what $310,168 bought in 1984. Cash kept under the mattress since 1984 has lost 69% of its value.

$1 million from nearby years

$1 million inWorth in August 2026Inflation that year
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%
1988$2,831,6154.1%
1989$2,701,4524.8%

How $1 million from 1984 grew

$0.00$500K$1.0M$1.5M$2.0M$2.5M$3.0M$3.5M19902000201020202026.625: $3.2M
$1 million from 1984 in each later year's dollars

$1 million of 1984 spending, by category

Not everything rose at the same pace. What $1 million spent on each of these in 1984 costs today:

CategoryCost in August 2026
Food$3,395,523
Rent$4,263,979
Gasoline$3,678,303
Medical care$5,552,463
New cars$1,751,608
College tuition$8,985,787
Electricity$2,944,511
Clothing$1,339,393

Try a different amount or date

$1,000,000 in 1984 has the same buying power as

$3,224,062 in August 2026

Prices rose 222.4% in total, an average of 2.82% a year.

Questions

How much is $1 million in 1984 worth today?
$1 million in 1984 is worth $3,224,062 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $1 million in 1984?
You would need $3,224,062 to buy what $1 million bought in 1984. That is 3.22 times as much.
How much buying power has $1 million lost since 1984?
Kept as cash, $1 million from 1984 buys only what $310,168 of 1984 money bought. It has lost 69% of its buying power.
What was inflation in 1984?
Prices rose 4.3% in 1984. Since then the average has been 2.82% a year.

Other amounts from 1984

$1 million in other decades

Everything about inflation in 1984