The U.S. dollar experienced an average inflation rate of 3.08% per year between 1911 and 2017. $3,000,000 in the year 1911 is worth $74,680,539.15 in 2017.
The current inflation rate in 2017 is 1.88%1.
Inflation Data Source: The Bureau of Labor Statistics' annual Consumer Price Index (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.