How much is $1 million in 1987 worth today?

$1 million in 1987 is worth $2,948,768 in August 2026 dollars, according to the U.S. Consumer Price Index.

How much would I need today to match $1 million in 1987?

You would need $2,948,768 to buy what $1 million bought in 1987. That is 2.95 times as much.

Kept as cash, $1 million from 1987 buys only what $339,125 of 1987 money bought. It has lost 66% of its buying power.

Prices rose 3.6% in 1987. Since then the average has been 2.80% a year.

$1 million in 1987 has the same buying power as

$2,948,768 in August 2026

That is 195% more, an average inflation rate of 2.80% a year over 39 years.

Put the other way, $1 million today buys what $339,125 bought in 1987. Cash kept under the mattress since 1987 has lost 66% of its value.

$1 million from 1987 in each later year's dollars

Not everything rose at the same pace. What $1 million spent on each of these in 1987 costs today:

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

$1,000,000 in 1987 has the same buying power as

$2,948,768 in August 2026

Prices rose 194.9% in total, an average of 2.80% a year.

How much is $1 million in 1987 worth today?: $1 million in 1987 is worth $2,948,768 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $1 million in 1987?: You would need $2,948,768 to buy what $1 million bought in 1987. That is 2.95 times as much.
How much buying power has $1 million lost since 1987?: Kept as cash, $1 million from 1987 buys only what $339,125 of 1987 money bought. It has lost 66% of its buying power.
What was inflation in 1987?: Prices rose 3.6% in 1987. Since then the average has been 2.80% a year.