$1 million in 2008 is worth $1,555,854 today

$1 million in 2008 has the same buying power as

$1,555,854 in August 2026

That is 56% more, an average inflation rate of 2.47% a year over 18 years.

Put the other way, $1 million today buys what $642,734 bought in 2008. Cash kept under the mattress since 2008 has lost 36% of its value.

$1 million from nearby years

$1 million inWorth in August 2026Inflation that year
2003$1,820,5432.3%
2004$1,773,3192.7%
2005$1,715,2073.4%
2006$1,661,6073.2%
2007$1,615,5922.8%
2008$1,555,8543.8%
2009$1,561,409-0.4%
2010$1,536,2111.6%
2011$1,489,2043.2%
2012$1,459,0102.1%
2013$1,437,9481.5%

How $1 million from 2008 grew

$0.00$500K$1.0M$1.5M$2.0M20102015202020252026.625: $1.6M
$1 million from 2008 in each later year's dollars

$1 million of 2008 spending, by category

Not everything rose at the same pace. What $1 million spent on each of these in 2008 costs today:

CategoryCost in August 2026
Food$1,636,657
Rent$1,845,666
Gasoline$1,296,554
Medical care$1,628,838
New cars$1,339,218
College tuition$1,725,611
Electricity$1,656,765
Clothing$1,150,075

Try a different amount or date

$1,000,000 in 2008 has the same buying power as

$1,555,854 in August 2026

Prices rose 55.6% in total, an average of 2.47% a year.

Questions

How much is $1 million in 2008 worth today?
$1 million in 2008 is worth $1,555,854 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $1 million in 2008?
You would need $1,555,854 to buy what $1 million bought in 2008. That is 1.56 times as much.
How much buying power has $1 million lost since 2008?
Kept as cash, $1 million from 2008 buys only what $642,734 of 2008 money bought. It has lost 36% of its buying power.
What was inflation in 2008?
Prices rose 3.8% in 2008. Since then the average has been 2.47% a year.

Other amounts from 2008

$1 million in other decades

Everything about inflation in 2008