$1 million in 2022 is worth $1,144,624 today

$1 million in 2022 has the same buying power as

$1,144,624 in August 2026

That is 14% more, an average inflation rate of 3.33% a year over 4 years.

Put the other way, $1 million today buys what $873,649 bought in 2022. Cash kept under the mattress since 2022 has lost 13% of its value.

$1 million from nearby years

$1 million inWorth in August 2026Inflation that year
2017$1,366,5962.1%
2018$1,334,0132.4%
2019$1,310,2711.8%
2020$1,294,3041.2%
2021$1,236,2254.7%
2022$1,144,6248.0%
2023$1,099,3694.1%
2024$1,067,8732.9%
2025$1,040,4952.6%

How $1 million from 2022 grew

$0.00$200K$400K$600K$800K$1.0M$1.2M202220232024202520262026.625: $1.1M
$1 million from 2022 in each later year's dollars

$1 million of 2022 spending, by category

Not everything rose at the same pace. What $1 million spent on each of these in 2022 costs today:

CategoryCost in August 2026
Food$1,147,452
Rent$1,212,853
Gasoline$1,034,482
Medical care$1,084,985
New cars$1,041,947
College tuition$1,092,403
Electricity$1,224,907
Clothing$1,076,101

Try a different amount or date

$1,000,000 in 2022 has the same buying power as

$1,144,624 in August 2026

Prices rose 14.5% in total, an average of 3.33% a year.

Questions

How much is $1 million in 2022 worth today?
$1 million in 2022 is worth $1,144,624 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $1 million in 2022?
You would need $1,144,624 to buy what $1 million bought in 2022. That is 1.14 times as much.
How much buying power has $1 million lost since 2022?
Kept as cash, $1 million from 2022 buys only what $873,649 of 2022 money bought. It has lost 13% of its buying power.
What was inflation in 2022?
Prices rose 8.0% in 2022. Since then the average has been 3.33% a year.

Other amounts from 2022

$1 million in other decades

Everything about inflation in 2022