How much is $1 million in 1919 worth today?

$1 million in 1919 is worth $19,363,006 in August 2026 dollars, according to the U.S. Consumer Price Index.

How much would I need today to match $1 million in 1919?

You would need $19,363,006 to buy what $1 million bought in 1919. That is 19.36 times as much.

Kept as cash, $1 million from 1919 buys only what $51,644.87 of 1919 money bought. It has lost 95% of its buying power.

Prices rose 14.6% in 1919. Since then the average has been 2.80% a year.

$1 million in 1919 has the same buying power as

$19,363,006 in August 2026

That is 1,836% more, an average inflation rate of 2.80% a year over 107 years.

Put the other way, $1 million today buys what $51,644.87 bought in 1919. Cash kept under the mattress since 1919 has lost 95% of its value.

$1 million from 1919 in each later year's dollars

Not everything rose at the same pace. What $1 million spent on each of these in 1919 costs today:

Amount ($) From year From month To year To month

$1,000,000 in 1919 has the same buying power as

$19,363,006 in August 2026

Prices rose 1,836.3% in total, an average of 2.80% a year.

How much is $1 million in 1919 worth today?: $1 million in 1919 is worth $19,363,006 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $1 million in 1919?: You would need $19,363,006 to buy what $1 million bought in 1919. That is 19.36 times as much.
How much buying power has $1 million lost since 1919?: Kept as cash, $1 million from 1919 buys only what $51,644.87 of 1919 money bought. It has lost 95% of its buying power.
What was inflation in 1919?: Prices rose 14.6% in 1919. Since then the average has been 2.80% a year.