$1 million in 2004 is worth $1,773,319 today
$1 million in 2004 has the same buying power as
$1,773,319 in August 2026
That is 77% more, an average inflation rate of 2.62% a year over 22 years.
Put the other way, $1 million today buys what $563,914 bought in 2004. Cash kept under the mattress since 2004 has lost 44% of its value.
$1 million from nearby years
| $1 million in | Worth in August 2026 | Inflation that year |
|---|---|---|
| 1999 | $2,010,684 | 2.2% |
| 2000 | $1,945,296 | 3.4% |
| 2001 | $1,891,474 | 2.8% |
| 2002 | $1,862,034 | 1.6% |
| 2003 | $1,820,543 | 2.3% |
| 2004 | $1,773,319 | 2.7% |
| 2005 | $1,715,207 | 3.4% |
| 2006 | $1,661,607 | 3.2% |
| 2007 | $1,615,592 | 2.8% |
| 2008 | $1,555,854 | 3.8% |
| 2009 | $1,561,409 | -0.4% |
How $1 million from 2004 grew
$1 million of 2004 spending, by category
Not everything rose at the same pace. What $1 million spent on each of these in 2004 costs today:
| Category | Cost in August 2026 |
|---|---|
| Food | $1,881,944 |
| Rent | $2,127,948 |
| Gasoline | $2,252,586 |
| Medical care | $1,912,296 |
| New cars | $1,310,832 |
| College tuition | $2,233,743 |
| Electricity | $2,181,963 |
| Clothing | $1,135,814 |
Try a different amount or date
Questions
- How much is $1 million in 2004 worth today?
- $1 million in 2004 is worth $1,773,319 in August 2026 dollars, according to the U.S. Consumer Price Index.
- How much would I need today to match $1 million in 2004?
- You would need $1,773,319 to buy what $1 million bought in 2004. That is 1.77 times as much.
- How much buying power has $1 million lost since 2004?
- Kept as cash, $1 million from 2004 buys only what $563,914 of 2004 money bought. It has lost 44% of its buying power.
- What was inflation in 2004?
- Prices rose 2.7% in 2004. Since then the average has been 2.62% a year.
Other amounts from 2004
- $1 in 2004
- $5 in 2004
- $10 in 2004
- $20 in 2004
- $50 in 2004
- $100 in 2004
- $500 in 2004
- $1,000 in 2004
- $5,000 in 2004
- $10,000 in 2004
- $20,000 in 2004
- $50,000 in 2004
- $100,000 in 2004