How much is $1 million in 1996 worth today?

$1 million in 1996 is worth $2,134,990 in August 2026 dollars, according to the U.S. Consumer Price Index.

How much would I need today to match $1 million in 1996?

You would need $2,134,990 to buy what $1 million bought in 1996. That is 2.13 times as much.

Kept as cash, $1 million from 1996 buys only what $468,386 of 1996 money bought. It has lost 53% of its buying power.

Prices rose 3.0% in 1996. Since then the average has been 2.55% a year.

$1 million in 1996 has the same buying power as

$2,134,990 in August 2026

That is 113% more, an average inflation rate of 2.55% a year over 30 years.

Put the other way, $1 million today buys what $468,386 bought in 1996. Cash kept under the mattress since 1996 has lost 53% of its value.

$1 million from 1996 in each later year's dollars

Not everything rose at the same pace. What $1 million spent on each of these in 1996 costs today:

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

$1,000,000 in 1996 has the same buying power as

$2,134,990 in August 2026

Prices rose 113.5% in total, an average of 2.55% a year.

How much is $1 million in 1996 worth today?: $1 million in 1996 is worth $2,134,990 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $1 million in 1996?: You would need $2,134,990 to buy what $1 million bought in 1996. That is 2.13 times as much.
How much buying power has $1 million lost since 1996?: Kept as cash, $1 million from 1996 buys only what $468,386 of 1996 money bought. It has lost 53% of its buying power.
What was inflation in 1996?: Prices rose 3.0% in 1996. Since then the average has been 2.55% a year.