Value of $1,500,000 in 1938

Accounting for inflation, what is $1,500,000 in 1938 worth in today's dollars? This calculates the cost of living increases from 1938 and inflation of the US Dollar. What could $1,500,000 buy in the year 1938? To calculate, find the CPI in the current year, divide it by the CPI in 1938, and multiply it by $1,500,000.
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Value of $1,500,000 in 1938
What is used to determine inflation? The government calculates a variety of prices, such as milk, bread, a new car, an apartment, etc, and creates the Consumer Price Index (CPI). Use the above calc to find what one million, five hundred thousand dollars in 1938 is worth today.

The below values show different amounts of money in 1938 and its value in 2023.

Other Amounts in 1938

1938 Amount 2023 Value
$1,510,000$31,122,463
$1,520,000$31,328,572
$1,530,000$31,534,681
$1,540,000$31,740,790
$1,550,000$31,946,899
$1,560,000$32,153,008
$1,570,000$32,359,117
$1,580,000$32,565,226
$1,590,000$32,771,335
$1,600,000$32,977,444
$1,610,000$33,183,553
$1,620,000$33,389,663
$1,630,000$33,595,772
$1,640,000$33,801,881
$1,650,000$34,007,990
$1,660,000$34,214,099
$1,670,000$34,420,208
$1,680,000$34,626,317
$1,690,000$34,832,426
$1,700,000$35,038,535
$1,710,000$35,244,644
$1,720,000$35,450,753
$1,730,000$35,656,862
$1,740,000$35,862,971
$1,750,000$36,069,080
$1,760,000$36,275,189
$1,770,000$36,481,298
$1,780,000$36,687,407
$1,790,000$36,893,516
$1,800,000$37,099,625
$1,810,000$37,305,734
$1,820,000$37,511,843
$1,830,000$37,717,952
$1,840,000$37,924,061
$1,850,000$38,130,170
$1,860,000$38,336,279
$1,870,000$38,542,388
$1,880,000$38,748,497
$1,890,000$38,954,606
$1,900,000$39,160,715
$1,910,000$39,366,824
$1,920,000$39,572,933
$1,930,000$39,779,042
$1,940,000$39,985,151
$1,950,000$40,191,260
$1,960,000$40,397,369
$1,970,000$40,603,478
$1,980,000$40,809,588
$1,990,000$41,015,697
$2,000,000$41,221,806
$2,010,000$41,427,915
$2,020,000$41,634,024
$2,030,000$41,840,133
$2,040,000$42,046,242
$2,050,000$42,252,351
$2,060,000$42,458,460
$2,070,000$42,664,569
$2,080,000$42,870,678
$2,090,000$43,076,787
$2,100,000$43,282,896
$2,110,000$43,489,005
$2,120,000$43,695,114
$2,130,000$43,901,223
$2,140,000$44,107,332
$2,150,000$44,313,441
$2,160,000$44,519,550
$2,170,000$44,725,659
$2,180,000$44,931,768
$2,190,000$45,137,877
$2,200,000$45,343,986
$2,210,000$45,550,095
$2,220,000$45,756,204
$2,230,000$45,962,313
$2,240,000$46,168,422
$2,250,000$46,374,531
$2,260,000$46,580,640
$2,270,000$46,786,749
$2,280,000$46,992,858
$2,290,000$47,198,967
$2,300,000$47,405,076
$2,310,000$47,611,185
$2,320,000$47,817,294
$2,330,000$48,023,403
$2,340,000$48,229,513
$2,350,000$48,435,622
$2,360,000$48,641,731
$2,370,000$48,847,840
$2,380,000$49,053,949
$2,390,000$49,260,058
$2,400,000$49,466,167
$2,410,000$49,672,276
$2,420,000$49,878,385
$2,430,000$50,084,494
$2,440,000$50,290,603
$2,450,000$50,496,712
$2,460,000$50,702,821
$2,470,000$50,908,930
$2,480,000$51,115,039
$2,490,000$51,321,148
1938 Amount 2023 Value
$1,600,000$32,977,444
$1,700,000$35,038,535
$1,800,000$37,099,625
$1,900,000$39,160,715
$2,000,000$41,221,806
$2,100,000$43,282,896
$2,200,000$45,343,986
$2,300,000$47,405,076
$2,400,000$49,466,167
$2,500,000$51,527,257
$2,600,000$53,588,347
$2,700,000$55,649,438
$2,800,000$57,710,528
$2,900,000$59,771,618
$3,000,000$61,832,708
$3,100,000$63,893,799
$3,200,000$65,954,889
$3,300,000$68,015,979
$3,400,000$70,077,069
$3,500,000$72,138,160
$3,600,000$74,199,250
$3,700,000$76,260,340
$3,800,000$78,321,431
$3,900,000$80,382,521
$4,000,000$82,443,611
$4,100,000$84,504,701
$4,200,000$86,565,792
$4,300,000$88,626,882
$4,400,000$90,687,972
$4,500,000$92,749,063
$4,600,000$94,810,153
$4,700,000$96,871,243
$4,800,000$98,932,333
$4,900,000$100,993,424
$5,000,000$103,054,514
$5,100,000$105,115,604
$5,200,000$107,176,694
$5,300,000$109,237,785
$5,400,000$111,298,875
$5,500,000$113,359,965
$5,600,000$115,421,056
$5,700,000$117,482,146
$5,800,000$119,543,236
$5,900,000$121,604,326
$6,000,000$123,665,417
$6,100,000$125,726,507
$6,200,000$127,787,597
$6,300,000$129,848,688
$6,400,000$131,909,778
$6,500,000$133,970,868
$6,600,000$136,031,958
$6,700,000$138,093,049
$6,800,000$140,154,139
$6,900,000$142,215,229
$7,000,000$144,276,319
$7,100,000$146,337,410
$7,200,000$148,398,500
$7,300,000$150,459,590
$7,400,000$152,520,681
$7,500,000$154,581,771
$7,600,000$156,642,861
$7,700,000$158,703,951
$7,800,000$160,765,042
$7,900,000$162,826,132
$8,000,000$164,887,222
$8,100,000$166,948,313
$8,200,000$169,009,403
$8,300,000$171,070,493
$8,400,000$173,131,583
$8,500,000$175,192,674
$8,600,000$177,253,764
$8,700,000$179,314,854
$8,800,000$181,375,944
$8,900,000$183,437,035
$9,000,000$185,498,125
$9,100,000$187,559,215
$9,200,000$189,620,306
$9,300,000$191,681,396
$9,400,000$193,742,486
$9,500,000$195,803,576
$9,600,000$197,864,667
$9,700,000$199,925,757
$9,800,000$201,986,847
$9,900,000$204,047,938
$10,000,000$206,109,028
$10,100,000$208,170,118
$10,200,000$210,231,208
$10,300,000$212,292,299
$10,400,000$214,353,389
$10,500,000$216,414,479
$10,600,000$218,475,569
$10,700,000$220,536,660
$10,800,000$222,597,750
$10,900,000$224,658,840
$11,000,000$226,719,931
$11,100,000$228,781,021
$11,200,000$230,842,111
$11,300,000$232,903,201
$11,400,000$234,964,292
1938 Amount 2023 Value
$1,500,100 in 1938$30,918,415.26
$1,500,200 in 1938$30,920,476.35
$1,500,300 in 1938$30,922,537.44
$1,500,400 in 1938$30,924,598.53
$1,500,500 in 1938$30,926,659.62
$1,500,600 in 1938$30,928,720.71
$1,500,700 in 1938$30,930,781.80
$1,500,800 in 1938$30,932,842.89
$1,500,900 in 1938$30,934,903.98
$1,501,000 in 1938$30,936,965.07
$1,501,100 in 1938$30,939,026.16
$1,501,200 in 1938$30,941,087.25
$1,501,300 in 1938$30,943,148.34
$1,501,400 in 1938$30,945,209.43
$1,501,500 in 1938$30,947,270.52
$1,501,600 in 1938$30,949,331.61
$1,501,700 in 1938$30,951,392.70
$1,501,800 in 1938$30,953,453.79
$1,501,900 in 1938$30,955,514.88
$1,502,000 in 1938$30,957,575.97
$1,502,100 in 1938$30,959,637.06
$1,502,200 in 1938$30,961,698.15
$1,502,300 in 1938$30,963,759.24
$1,502,400 in 1938$30,965,820.33
$1,502,500 in 1938$30,967,881.42
$1,502,600 in 1938$30,969,942.51
$1,502,700 in 1938$30,972,003.60
$1,502,800 in 1938$30,974,064.69
$1,502,900 in 1938$30,976,125.78
$1,503,000 in 1938$30,978,186.88
$1,503,100 in 1938$30,980,247.97
$1,503,200 in 1938$30,982,309.06
$1,503,300 in 1938$30,984,370.15
$1,503,400 in 1938$30,986,431.24
$1,503,500 in 1938$30,988,492.33
$1,503,600 in 1938$30,990,553.42
$1,503,700 in 1938$30,992,614.51
$1,503,800 in 1938$30,994,675.60
$1,503,900 in 1938$30,996,736.69
$1,504,000 in 1938$30,998,797.78
$1,504,100 in 1938$31,000,858.87
$1,504,200 in 1938$31,002,919.96
$1,504,300 in 1938$31,004,981.05
$1,504,400 in 1938$31,007,042.14
$1,504,500 in 1938$31,009,103.23
$1,504,600 in 1938$31,011,164.32
$1,504,700 in 1938$31,013,225.41
$1,504,800 in 1938$31,015,286.50
$1,504,900 in 1938$31,017,347.59
$1,505,000 in 1938$31,019,408.68
$1,505,100 in 1938$31,021,469.77
$1,505,200 in 1938$31,023,530.86
$1,505,300 in 1938$31,025,591.95
$1,505,400 in 1938$31,027,653.04
$1,505,500 in 1938$31,029,714.13
$1,505,600 in 1938$31,031,775.22
$1,505,700 in 1938$31,033,836.31
$1,505,800 in 1938$31,035,897.40
$1,505,900 in 1938$31,037,958.49
$1,506,000 in 1938$31,040,019.58
$1,506,100 in 1938$31,042,080.67
$1,506,200 in 1938$31,044,141.76
$1,506,300 in 1938$31,046,202.85
$1,506,400 in 1938$31,048,263.94
$1,506,500 in 1938$31,050,325.03
$1,506,600 in 1938$31,052,386.13
$1,506,700 in 1938$31,054,447.22
$1,506,800 in 1938$31,056,508.31
$1,506,900 in 1938$31,058,569.40
$1,507,000 in 1938$31,060,630.49
$1,507,100 in 1938$31,062,691.58
$1,507,200 in 1938$31,064,752.67
$1,507,300 in 1938$31,066,813.76
$1,507,400 in 1938$31,068,874.85
$1,507,500 in 1938$31,070,935.94
$1,507,600 in 1938$31,072,997.03
$1,507,700 in 1938$31,075,058.12
$1,507,800 in 1938$31,077,119.21
$1,507,900 in 1938$31,079,180.30
$1,508,000 in 1938$31,081,241.39
$1,508,100 in 1938$31,083,302.48
$1,508,200 in 1938$31,085,363.57
$1,508,300 in 1938$31,087,424.66
$1,508,400 in 1938$31,089,485.75
$1,508,500 in 1938$31,091,546.84
$1,508,600 in 1938$31,093,607.93
$1,508,700 in 1938$31,095,669.02
$1,508,800 in 1938$31,097,730.11
$1,508,900 in 1938$31,099,791.20
$1,509,000 in 1938$31,101,852.29
$1,509,100 in 1938$31,103,913.38
$1,509,200 in 1938$31,105,974.47
$1,509,300 in 1938$31,108,035.56
$1,509,400 in 1938$31,110,096.65
$1,509,500 in 1938$31,112,157.74
$1,509,600 in 1938$31,114,218.83
$1,509,700 in 1938$31,116,279.92
$1,509,800 in 1938$31,118,341.01
$1,509,900 in 1938$31,120,402.10
1938 Amount 2023 Value
$1,501,000 in 1938$30,936,965.07
$1,502,000 in 1938$30,957,575.97
$1,503,000 in 1938$30,978,186.88
$1,504,000 in 1938$30,998,797.78
$1,505,000 in 1938$31,019,408.68
$1,506,000 in 1938$31,040,019.58
$1,507,000 in 1938$31,060,630.49
$1,508,000 in 1938$31,081,241.39
$1,509,000 in 1938$31,101,852.29
$1,510,000 in 1938$31,122,463.19
$1,511,000 in 1938$31,143,074.10
$1,512,000 in 1938$31,163,685.00
$1,513,000 in 1938$31,184,295.90
$1,514,000 in 1938$31,204,906.81
$1,515,000 in 1938$31,225,517.71
$1,516,000 in 1938$31,246,128.61
$1,517,000 in 1938$31,266,739.51
$1,518,000 in 1938$31,287,350.42
$1,519,000 in 1938$31,307,961.32
$1,520,000 in 1938$31,328,572.22
$1,521,000 in 1938$31,349,183.13
$1,522,000 in 1938$31,369,794.03
$1,523,000 in 1938$31,390,404.93
$1,524,000 in 1938$31,411,015.83
$1,525,000 in 1938$31,431,626.74
$1,526,000 in 1938$31,452,237.64
$1,527,000 in 1938$31,472,848.54
$1,528,000 in 1938$31,493,459.44
$1,529,000 in 1938$31,514,070.35
$1,530,000 in 1938$31,534,681.25
$1,531,000 in 1938$31,555,292.15
$1,532,000 in 1938$31,575,903.06
$1,533,000 in 1938$31,596,513.96
$1,534,000 in 1938$31,617,124.86
$1,535,000 in 1938$31,637,735.76
$1,536,000 in 1938$31,658,346.67
$1,537,000 in 1938$31,678,957.57
$1,538,000 in 1938$31,699,568.47
$1,539,000 in 1938$31,720,179.38
$1,540,000 in 1938$31,740,790.28
$1,541,000 in 1938$31,761,401.18
$1,542,000 in 1938$31,782,012.08
$1,543,000 in 1938$31,802,622.99
$1,544,000 in 1938$31,823,233.89
$1,545,000 in 1938$31,843,844.79
$1,546,000 in 1938$31,864,455.69
$1,547,000 in 1938$31,885,066.60
$1,548,000 in 1938$31,905,677.50
$1,549,000 in 1938$31,926,288.40
$1,550,000 in 1938$31,946,899.31
$1,551,000 in 1938$31,967,510.21
$1,552,000 in 1938$31,988,121.11
$1,553,000 in 1938$32,008,732.01
$1,554,000 in 1938$32,029,342.92
$1,555,000 in 1938$32,049,953.82
$1,556,000 in 1938$32,070,564.72
$1,557,000 in 1938$32,091,175.63
$1,558,000 in 1938$32,111,786.53
$1,559,000 in 1938$32,132,397.43
$1,560,000 in 1938$32,153,008.33
$1,561,000 in 1938$32,173,619.24
$1,562,000 in 1938$32,194,230.14
$1,563,000 in 1938$32,214,841.04
$1,564,000 in 1938$32,235,451.94
$1,565,000 in 1938$32,256,062.85
$1,566,000 in 1938$32,276,673.75
$1,567,000 in 1938$32,297,284.65
$1,568,000 in 1938$32,317,895.56
$1,569,000 in 1938$32,338,506.46
$1,570,000 in 1938$32,359,117.36
$1,571,000 in 1938$32,379,728.26
$1,572,000 in 1938$32,400,339.17
$1,573,000 in 1938$32,420,950.07
$1,574,000 in 1938$32,441,560.97
$1,575,000 in 1938$32,462,171.88
$1,576,000 in 1938$32,482,782.78
$1,577,000 in 1938$32,503,393.68
$1,578,000 in 1938$32,524,004.58
$1,579,000 in 1938$32,544,615.49
$1,580,000 in 1938$32,565,226.39
$1,581,000 in 1938$32,585,837.29
$1,582,000 in 1938$32,606,448.19
$1,583,000 in 1938$32,627,059.10
$1,584,000 in 1938$32,647,670.00
$1,585,000 in 1938$32,668,280.90
$1,586,000 in 1938$32,688,891.81
$1,587,000 in 1938$32,709,502.71
$1,588,000 in 1938$32,730,113.61
$1,589,000 in 1938$32,750,724.51
$1,590,000 in 1938$32,771,335.42
$1,591,000 in 1938$32,791,946.32
$1,592,000 in 1938$32,812,557.22
$1,593,000 in 1938$32,833,168.13
$1,594,000 in 1938$32,853,779.03
$1,595,000 in 1938$32,874,389.93
$1,596,000 in 1938$32,895,000.83
$1,597,000 in 1938$32,915,611.74
$1,598,000 in 1938$32,936,222.64
$1,599,000 in 1938$32,956,833.54