$1 million in 2007 is worth $1,615,592 today

$1 million in 2007 has the same buying power as

$1,615,592 in August 2026

That is 62% more, an average inflation rate of 2.54% a year over 19 years.

Put the other way, $1 million today buys what $618,968 bought in 2007. Cash kept under the mattress since 2007 has lost 38% of its value.

$1 million from nearby years

$1 million inWorth in August 2026Inflation that year
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%
2010$1,536,2111.6%
2011$1,489,2043.2%
2012$1,459,0102.1%

How $1 million from 2007 grew

$0.00$500K$1.0M$1.5M$2.0M20102015202020252026.625: $1.6M
$1 million from 2007 in each later year's dollars

$1 million of 2007 spending, by category

Not everything rose at the same pace. What $1 million spent on each of these in 2007 costs today:

CategoryCost in August 2026
Food$1,726,912
Rent$1,913,239
Gasoline$1,511,765
Medical care$1,689,207
New cars$1,318,970
College tuition$1,833,232
Electricity$1,763,441
Clothing$1,149,196

Try a different amount or date

$1,000,000 in 2007 has the same buying power as

$1,615,592 in August 2026

Prices rose 61.6% in total, an average of 2.54% a year.

Questions

How much is $1 million in 2007 worth today?
$1 million in 2007 is worth $1,615,592 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $1 million in 2007?
You would need $1,615,592 to buy what $1 million bought in 2007. That is 1.62 times as much.
How much buying power has $1 million lost since 2007?
Kept as cash, $1 million from 2007 buys only what $618,968 of 2007 money bought. It has lost 38% of its buying power.
What was inflation in 2007?
Prices rose 2.8% in 2007. Since then the average has been 2.54% a year.

Other amounts from 2007

$1 million in other decades

Everything about inflation in 2007