How much is $1 million in 1942 worth today?

$1 million in 1942 is worth $20,550,920 in August 2026 dollars, according to the U.S. Consumer Price Index.

How much would I need today to match $1 million in 1942?

You would need $20,550,920 to buy what $1 million bought in 1942. That is 20.55 times as much.

Kept as cash, $1 million from 1942 buys only what $48,659.62 of 1942 money bought. It has lost 95% of its buying power.

Prices rose 10.9% in 1942. Since then the average has been 3.66% a year.

$1 million in 1942 has the same buying power as

$20,550,920 in August 2026

That is 1,955% more, an average inflation rate of 3.66% a year over 84 years.

Put the other way, $1 million today buys what $48,659.62 bought in 1942. Cash kept under the mattress since 1942 has lost 95% of its value.

$1 million from 1942 in each later year's dollars

Not everything rose at the same pace. What $1 million spent on each of these in 1942 costs today:

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

$1,000,000 in 1942 has the same buying power as

$20,550,920 in August 2026

Prices rose 1,955.1% in total, an average of 3.66% a year.

How much is $1 million in 1942 worth today?: $1 million in 1942 is worth $20,550,920 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $1 million in 1942?: You would need $20,550,920 to buy what $1 million bought in 1942. That is 20.55 times as much.
How much buying power has $1 million lost since 1942?: Kept as cash, $1 million from 1942 buys only what $48,659.62 of 1942 money bought. It has lost 95% of its buying power.
What was inflation in 1942?: Prices rose 10.9% in 1942. Since then the average has been 3.66% a year.