$1 million in 2021 is worth $1,236,225 today

$1 million in 2021 has the same buying power as

$1,236,225 in August 2026

That is 24% more, an average inflation rate of 4.22% a year over 5 years.

Put the other way, $1 million today buys what $808,914 bought in 2021. Cash kept under the mattress since 2021 has lost 19% of its value.

$1 million from nearby years

$1 million inWorth in August 2026Inflation that year
2016$1,395,7091.3%
2017$1,366,5962.1%
2018$1,334,0132.4%
2019$1,310,2711.8%
2020$1,294,3041.2%
2021$1,236,2254.7%
2022$1,144,6248.0%
2023$1,099,3694.1%
2024$1,067,8732.9%
2025$1,040,4952.6%

How $1 million from 2021 grew

$0.00$200K$400K$600K$800K$1.0M$1.2M$1.4M2021202220232024202520262026.625: $1.2M
$1 million from 2021 in each later year's dollars

$1 million of 2021 spending, by category

Not everything rose at the same pace. What $1 million spent on each of these in 2021 costs today:

CategoryCost in August 2026
Food$1,261,604
Rent$1,286,027
Gasoline$1,362,556
Medical care$1,128,936
New cars$1,150,250
College tuition$1,116,007
Electricity$1,384,851
Clothing$1,130,247

Try a different amount or date

$1,000,000 in 2021 has the same buying power as

$1,236,225 in August 2026

Prices rose 23.6% in total, an average of 4.22% a year.

Questions

How much is $1 million in 2021 worth today?
$1 million in 2021 is worth $1,236,225 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $1 million in 2021?
You would need $1,236,225 to buy what $1 million bought in 2021. That is 1.24 times as much.
How much buying power has $1 million lost since 2021?
Kept as cash, $1 million from 2021 buys only what $808,914 of 2021 money bought. It has lost 19% of its buying power.
What was inflation in 2021?
Prices rose 4.7% in 2021. Since then the average has been 4.22% a year.

Other amounts from 2021

$1 million in other decades

Everything about inflation in 2021