$1 million in 2003 is worth $1,820,543 today

$1 million in 2003 has the same buying power as

$1,820,543 in August 2026

That is 82% more, an average inflation rate of 2.62% a year over 23 years.

Put the other way, $1 million today buys what $549,287 bought in 2003. Cash kept under the mattress since 2003 has lost 45% of its value.

$1 million from nearby years

$1 million inWorth in August 2026Inflation that year
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%
2005$1,715,2073.4%
2006$1,661,6073.2%
2007$1,615,5922.8%
2008$1,555,8543.8%

How $1 million from 2003 grew

$0.00$500K$1.0M$1.5M$2.0M200520102015202020252026.625: $1.8M
$1 million from 2003 in each later year's dollars

$1 million of 2003 spending, by category

Not everything rose at the same pace. What $1 million spent on each of these in 2003 costs today:

CategoryCost in August 2026
Food$1,946,767
Rent$2,184,900
Gasoline$2,662,754
Medical care$1,995,971
New cars$1,303,227
College tuition$2,445,006
Electricity$2,222,631
Clothing$1,131,117

Try a different amount or date

$1,000,000 in 2003 has the same buying power as

$1,820,543 in August 2026

Prices rose 82.1% in total, an average of 2.62% a year.

Questions

How much is $1 million in 2003 worth today?
$1 million in 2003 is worth $1,820,543 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $1 million in 2003?
You would need $1,820,543 to buy what $1 million bought in 2003. That is 1.82 times as much.
How much buying power has $1 million lost since 2003?
Kept as cash, $1 million from 2003 buys only what $549,287 of 2003 money bought. It has lost 45% of its buying power.
What was inflation in 2003?
Prices rose 2.3% in 2003. Since then the average has been 2.62% a year.

Other amounts from 2003

$1 million in other decades

Everything about inflation in 2003