How much is $1 million in 2002 worth today?

$1 million in 2002 is worth $1,862,034 in August 2026 dollars, according to the U.S. Consumer Price Index.

How much would I need today to match $1 million in 2002?

You would need $1,862,034 to buy what $1 million bought in 2002. That is 1.86 times as much.

Kept as cash, $1 million from 2002 buys only what $537,047 of 2002 money bought. It has lost 46% of its buying power.

Prices rose 1.6% in 2002. Since then the average has been 2.61% a year.

$1 million in 2002 has the same buying power as

$1,862,034 in August 2026

That is 86% more, an average inflation rate of 2.61% a year over 24 years.

Put the other way, $1 million today buys what $537,047 bought in 2002. Cash kept under the mattress since 2002 has lost 46% of its value.

$1 million from 2002 in each later year's dollars

Not everything rose at the same pace. What $1 million spent on each of these in 2002 costs today:

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

$1,000,000 in 2002 has the same buying power as

$1,862,034 in August 2026

Prices rose 86.2% in total, an average of 2.61% a year.

How much is $1 million in 2002 worth today?: $1 million in 2002 is worth $1,862,034 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $1 million in 2002?: You would need $1,862,034 to buy what $1 million bought in 2002. That is 1.86 times as much.
How much buying power has $1 million lost since 2002?: Kept as cash, $1 million from 2002 buys only what $537,047 of 2002 money bought. It has lost 46% of its buying power.
What was inflation in 2002?: Prices rose 1.6% in 2002. Since then the average has been 2.61% a year.