$1 million in 1992 is worth $2,387,598 today

$1 million in 1992 has the same buying power as

$2,387,598 in August 2026

That is 139% more, an average inflation rate of 2.58% a year over 34 years.

Put the other way, $1 million today buys what $418,831 bought in 1992. Cash kept under the mattress since 1992 has lost 58% of its value.

$1 million from nearby years

$1 million inWorth in August 2026Inflation that year
1987$2,948,7683.6%
1988$2,831,6154.1%
1989$2,701,4524.8%
1990$2,562,9695.4%
1991$2,459,4714.2%
1992$2,387,5983.0%
1993$2,318,2013.0%
1994$2,260,3242.6%
1995$2,198,0312.8%
1996$2,134,9903.0%
1997$2,087,1032.3%

How $1 million from 1992 grew

$0.00$500K$1.0M$1.5M$2.0M$2.5M19952000200520102015202020252026.625: $2.4M
$1 million from 1992 in each later year's dollars

$1 million of 1992 spending, by category

Not everything rose at the same pace. What $1 million spent on each of these in 1992 costs today:

CategoryCost in August 2026
Food$2,541,102
Rent$3,056,481
Gasoline$3,633,717
Medical care$3,119,427
New cars$1,390,983
College tuition$4,625,471
Electricity$2,496,433
Clothing$1,036,785

Try a different amount or date

$1,000,000 in 1992 has the same buying power as

$2,387,598 in August 2026

Prices rose 138.8% in total, an average of 2.58% a year.

Questions

How much is $1 million in 1992 worth today?
$1 million in 1992 is worth $2,387,598 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $1 million in 1992?
You would need $2,387,598 to buy what $1 million bought in 1992. That is 2.39 times as much.
How much buying power has $1 million lost since 1992?
Kept as cash, $1 million from 1992 buys only what $418,831 of 1992 money bought. It has lost 58% of its buying power.
What was inflation in 1992?
Prices rose 3.0% in 1992. Since then the average has been 2.58% a year.

Other amounts from 1992

$1 million in other decades

Everything about inflation in 1992