How much is $1 million in 1989 worth today?

$1 million in 1989 is worth $2,701,452 in August 2026 dollars, according to the U.S. Consumer Price Index.

How much would I need today to match $1 million in 1989?

You would need $2,701,452 to buy what $1 million bought in 1989. That is 2.70 times as much.

Kept as cash, $1 million from 1989 buys only what $370,171 of 1989 money bought. It has lost 63% of its buying power.

Prices rose 4.8% in 1989. Since then the average has been 2.71% a year.

$1 million in 1989 has the same buying power as

$2,701,452 in August 2026

That is 170% more, an average inflation rate of 2.71% a year over 37 years.

Put the other way, $1 million today buys what $370,171 bought in 1989. Cash kept under the mattress since 1989 has lost 63% of its value.

$1 million from 1989 in each later year's dollars

Not everything rose at the same pace. What $1 million spent on each of these in 1989 costs today:

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

$1,000,000 in 1989 has the same buying power as

$2,701,452 in August 2026

Prices rose 170.1% in total, an average of 2.71% a year.

How much is $1 million in 1989 worth today?: $1 million in 1989 is worth $2,701,452 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $1 million in 1989?: You would need $2,701,452 to buy what $1 million bought in 1989. That is 2.70 times as much.
How much buying power has $1 million lost since 1989?: Kept as cash, $1 million from 1989 buys only what $370,171 of 1989 money bought. It has lost 63% of its buying power.
What was inflation in 1989?: Prices rose 4.8% in 1989. Since then the average has been 2.71% a year.