$1 million in 1917 is worth $26,170,313 today

$1 million in 1917 has the same buying power as

$26,170,313 in August 2026

That is 2,517% more, an average inflation rate of 3.04% a year over 109 years.

Put the other way, $1 million today buys what $38,211.24 bought in 1917. Cash kept under the mattress since 1917 has lost 96% of its value.

$1 million from nearby years

$1 million inWorth in August 2026Inflation that year
1913$33,836,364
1914$33,498,0001.0%
1915$33,166,3371.0%
1916$30,732,1107.9%
1917$26,170,31317.4%
1918$22,184,10618.0%
1919$19,363,00614.6%
1920$16,749,00015.6%
1921$18,713,966-10.5%
1922$19,939,286-6.1%

How $1 million from 1917 grew

$0.00$5.0M$10.0M$15.0M$20.0M$25.0M$30.0M1920194019601980200020202026.625: $26.2M
$1 million from 1917 in each later year's dollars

$1 million of 1917 spending, by category

Not everything rose at the same pace. What $1 million spent on each of these in 1917 costs today:

CategoryCost in August 2026
Food$24,166,759
Rent$21,179,104
Electricity$7,562,366
Clothing$6,769,901

Try a different amount or date

$1,000,000 in 1917 has the same buying power as

$26,170,313 in August 2026

Prices rose 2,517.0% in total, an average of 3.04% a year.

Questions

How much is $1 million in 1917 worth today?
$1 million in 1917 is worth $26,170,313 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $1 million in 1917?
You would need $26,170,313 to buy what $1 million bought in 1917. That is 26.17 times as much.
How much buying power has $1 million lost since 1917?
Kept as cash, $1 million from 1917 buys only what $38,211.24 of 1917 money bought. It has lost 96% of its buying power.
What was inflation in 1917?
Prices rose 17.4% in 1917. Since then the average has been 3.04% a year.

Other amounts from 1917

$1 million in other decades

Everything about inflation in 1917