How much is $1 million in 1946 worth today?

$1 million in 1946 is worth $17,178,462 in August 2026 dollars, according to the U.S. Consumer Price Index.

How much would I need today to match $1 million in 1946?

You would need $17,178,462 to buy what $1 million bought in 1946. That is 17.18 times as much.

Kept as cash, $1 million from 1946 buys only what $58,212.43 of 1946 money bought. It has lost 94% of its buying power.

Prices rose 8.3% in 1946. Since then the average has been 3.61% a year.

$1 million in 1946 has the same buying power as

$17,178,462 in August 2026

That is 1,618% more, an average inflation rate of 3.61% a year over 80 years.

Put the other way, $1 million today buys what $58,212.43 bought in 1946. Cash kept under the mattress since 1946 has lost 94% of its value.

$1 million from 1946 in each later year's dollars

Not everything rose at the same pace. What $1 million spent on each of these in 1946 costs today:

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

$1,000,000 in 1946 has the same buying power as

$17,178,462 in August 2026

Prices rose 1,617.8% in total, an average of 3.61% a year.

How much is $1 million in 1946 worth today?: $1 million in 1946 is worth $17,178,462 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $1 million in 1946?: You would need $17,178,462 to buy what $1 million bought in 1946. That is 17.18 times as much.
How much buying power has $1 million lost since 1946?: Kept as cash, $1 million from 1946 buys only what $58,212.43 of 1946 money bought. It has lost 94% of its buying power.
What was inflation in 1946?: Prices rose 8.3% in 1946. Since then the average has been 3.61% a year.