$1,000,000 in 1910 → $25,233,843.71 in 2018

U.S. Inflation Rate, 1910-2018 ($1,000,000)

According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 3.03% per year. Prices in 2018 are 2423.4% higher than prices in 1910.

In other words, $1,000,000 in the year 1910 is equivalent in purchasing power to $25,233,843.71 in 2018, a difference of $24,233,843.71 over 108 years.

The current inflation rate in 2018 is 1.26%1. If this number holds, $1,000,000 today will be equivalent to $1,012,586.50 next year.

Inflation from 1910 to 2018
Cumulative price change 2423.38%
Average inflation rate 3.03%
Price difference ($1,000,000 base) $24,233,843.71
CPI in 2018 247.867


U.S. inflation chart since 1665


Inflation rates for specific categories

Jewelry · Rent of primary residence · Electricity · More

Inflation-adjusted measures

S&P 500 price · S&P 500 earnings · Shiller P/E

News headlines from 1910

Politics and news often influence economic performance. Here's what was happening at the time:

  • Alice Stebbins Wells becomes the first female police officer in the U.S.
  • Englishman Claude Grahame-White becomes the first person to attempt powered flight at night.
  • Union of South Africa declares independence.
  • The Buffalo Bill Dam in Wyoming is completed.

Inflation Data Source

Raw data for these calculations comes from the Bureau of Labor Statistics' (CPI), established in 1913. Inflation data from 1665 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University.

You may use the following MLA citation for this page: “$1,000,000 in 1910 → 2018 | Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 16 Feb. 2018, http://www.in2013dollars.com/1910-dollars?amount=1000000.


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