$1 million in 2004 is worth $1,773,319 today

$1 million in 2004 has the same buying power as

$1,773,319 in August 2026

That is 77% more, an average inflation rate of 2.62% a year over 22 years.

Put the other way, $1 million today buys what $563,914 bought in 2004. Cash kept under the mattress since 2004 has lost 44% of its value.

$1 million from nearby years

$1 million inWorth in August 2026Inflation that year
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%
2009$1,561,409-0.4%

How $1 million from 2004 grew

$0.00$500K$1.0M$1.5M$2.0M200520102015202020252026.625: $1.8M
$1 million from 2004 in each later year's dollars

$1 million of 2004 spending, by category

Not everything rose at the same pace. What $1 million spent on each of these in 2004 costs today:

CategoryCost in August 2026
Food$1,881,944
Rent$2,127,948
Gasoline$2,252,586
Medical care$1,912,296
New cars$1,310,832
College tuition$2,233,743
Electricity$2,181,963
Clothing$1,135,814

Try a different amount or date

$1,000,000 in 2004 has the same buying power as

$1,773,319 in August 2026

Prices rose 77.3% in total, an average of 2.62% a year.

Questions

How much is $1 million in 2004 worth today?
$1 million in 2004 is worth $1,773,319 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $1 million in 2004?
You would need $1,773,319 to buy what $1 million bought in 2004. That is 1.77 times as much.
How much buying power has $1 million lost since 2004?
Kept as cash, $1 million from 2004 buys only what $563,914 of 2004 money bought. It has lost 44% of its buying power.
What was inflation in 2004?
Prices rose 2.7% in 2004. Since then the average has been 2.62% a year.

Other amounts from 2004

$1 million in other decades

Everything about inflation in 2004