$1 million in 1999 is worth $2,010,684 today

$1 million in 1999 has the same buying power as

$2,010,684 in August 2026

That is 101% more, an average inflation rate of 2.61% a year over 27 years.

Put the other way, $1 million today buys what $497,343 bought in 1999. Cash kept under the mattress since 1999 has lost 50% of its value.

$1 million from nearby years

$1 million inWorth in August 2026Inflation that year
1994$2,260,3242.6%
1995$2,198,0312.8%
1996$2,134,9903.0%
1997$2,087,1032.3%
1998$2,055,0921.6%
1999$2,010,6842.2%
2000$1,945,2963.4%
2001$1,891,4742.8%
2002$1,862,0341.6%
2003$1,820,5432.3%
2004$1,773,3192.7%

How $1 million from 1999 grew

$0.00$500K$1.0M$1.5M$2.0M$2.5M2000200520102015202020252026.625: $2.0M
$1 million from 1999 in each later year's dollars

$1 million of 1999 spending, by category

Not everything rose at the same pace. What $1 million spent on each of these in 1999 costs today:

CategoryCost in August 2026
Food$2,135,393
Rent$2,529,561
Gasoline$3,593,786
Medical care$2,366,333
New cars$1,257,628
College tuition$3,098,644
Electricity$2,451,043
Clothing$1,041,523

Try a different amount or date

$1,000,000 in 1999 has the same buying power as

$2,010,684 in August 2026

Prices rose 101.1% in total, an average of 2.61% a year.

Questions

How much is $1 million in 1999 worth today?
$1 million in 1999 is worth $2,010,684 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $1 million in 1999?
You would need $2,010,684 to buy what $1 million bought in 1999. That is 2.01 times as much.
How much buying power has $1 million lost since 1999?
Kept as cash, $1 million from 1999 buys only what $497,343 of 1999 money bought. It has lost 50% of its buying power.
What was inflation in 1999?
Prices rose 2.2% in 1999. Since then the average has been 2.61% a year.

Other amounts from 1999

$1 million in other decades

Everything about inflation in 1999