How much is $1 million in 2024 worth today?

$1 million in 2024 is worth $1,067,873 in August 2026 dollars, according to the U.S. Consumer Price Index.

How much would I need today to match $1 million in 2024?

You would need $1,067,873 to buy what $1 million bought in 2024. That is 1.07 times as much.

Kept as cash, $1 million from 2024 buys only what $936,441 of 2024 money bought. It has lost 6% of its buying power.

Prices rose 2.9% in 2024. Since then the average has been 3.14% a year.

$1 million in 2024 has the same buying power as

$1,067,873 in August 2026

That is 7% more, an average inflation rate of 3.14% a year over 2 years.

Put the other way, $1 million today buys what $936,441 bought in 2024. Cash kept under the mattress since 2024 has lost 6% of its value.

$1 million from 2024 in each later year's dollars

Not everything rose at the same pace. What $1 million spent on each of these in 2024 costs today:

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

$1,000,000 in 2024 has the same buying power as

$1,067,873 in August 2026

Prices rose 6.8% in total, an average of 3.14% a year.

How much is $1 million in 2024 worth today?: $1 million in 2024 is worth $1,067,873 in August 2026 dollars, according to the U.S. Consumer Price Index.
How much would I need today to match $1 million in 2024?: You would need $1,067,873 to buy what $1 million bought in 2024. That is 1.07 times as much.
How much buying power has $1 million lost since 2024?: Kept as cash, $1 million from 2024 buys only what $936,441 of 2024 money bought. It has lost 6% of its buying power.
What was inflation in 2024?: Prices rose 2.9% in 2024. Since then the average has been 3.14% a year.