Value of 1913 US Dollars today - Inflation Calculator

$1,600,000 in 1913

$52,889,592.03 in 2025

The cumulative inflation rate in the United States between 1913 and today has been 3,205.6%, meaning that prices are 33.1 times higher than they were in 1913. In practical terms, the purchasing power of $1,600,000 in 1913 is equivalent to $52,889,592.03 in today's dollars. The average annual inflation rate over this period has been 3.17%.

Inflation timeline in the United States (1913 - 2025)

The chart below shows how the value of $1,600,000 changes over time when adjusted for inflation, based on Consumer Price Index (CPI) data. All values are equivalent in terms of purchasing power, indicating how much money would be needed each year to buy the same goods or services.

All calculations are performed in US dollars with six-decimal precision, though displayed values are rounded to two decimals for readability. Inflation figures are sourced from official government and international reports released monthly. To convert historical amounts into today's dollars, we use the most recent CPI data available and extrapolate it to estimate the CPI for today.

The following table contains relevant indicators:

Indicator	Value
Cumulative inflation 1913-2024	3,073.92%
Cumulative inflation 1913-today	3,205.6%
Avg. Annual inflation 1913-2024	3.16%
CPI 1913	9.88
CPI 2024	313.69
CPI 2025-09 (latest official data)	324.8
CPI today	326.7

How to calculate today's value of money after inflation?

There are several ways to calculate the time value of money. Depending on the data available, results can be obtained by using the Consumer Price Index (CPI) formula or the compound interest formula.

Using the CPI formula

When we have both the start and end years, we can use the following formula:

Value_t =Value₀ ×

CPI_t/CPI₀

To obtain the values equivalent in buying power between 1913 and 2024, use the corresponding CPI values:

Value₂₀₂₄

=Value₁₉₁₃ ×

CPI₂₀₂₄/CPI₁₉₁₃

=$ 1,600,000 ×

313.69/9.88

≈$50,782,677.91

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 326.7:

Value_today

=Value₁₉₁₃ ×

CPI_today/CPI₁₉₁₃

=$ 1,600,000 ×

326.7/9.88

≈$52,889,592.03

Alternative: Using the compound interest formula

Given that money changes with time as a result of an inflation rate that acts as compound interest, we can use the following formula: FV = PV × (1 + i)ⁿ, where:

FV: Future Value
PV: Present Value
i: Interest rate (inflation)
n: Number of times the interest is compounded (i.e. # of years)

In this case, the future value represents the final amount obtained after applying the inflation rate to our initial value. In other words, it indicates how much are $1,600,000 worth today. There are 111 years between 1913 and 2024 and the average inflation rate was 3.1639%. Therefore, we can resolve the formula like this:

Value₂₀₂₄

=PV × (1 + i)ⁿ

=$1,600,000 × (1 + 0.031639)¹¹¹

≈$50,782,677.91

US inflation - Conversion table

Initial Value		Equivalent value
$1 dollar in 1913	→	$31.74 dollars in 2024
$5 dollars in 1913	→	$158.7 dollars in 2024
$10 dollars in 1913	→	$317.39 dollars in 2024
$50 dollars in 1913	→	$1,586.96 dollars in 2024
$100 dollars in 1913	→	$3,173.92 dollars in 2024
$500 dollars in 1913	→	$15,869.59 dollars in 2024
$1,000 dollars in 1913	→	$31,739.17 dollars in 2024
$5,000 dollars in 1913	→	$158,695.87 dollars in 2024
$10,000 dollars in 1913	→	$317,391.74 dollars in 2024
$50,000 dollars in 1913	→	$1,586,958.68 dollars in 2024
$100,000 dollars in 1913	→	$3,173,917.37 dollars in 2024
$500,000 dollars in 1913	→	$15,869,586.85 dollars in 2024
$1,000,000 dollars in 1913	→	$31,739,173.69 dollars in 2024

Cumulative inflation From 1913	3,205.6%
Avg. annual inflation From 1913	3.17%
CPI 1913	9.88
CPI today	326.7

Value of Dollar over time (by year)

Period	Value
1913	1,600,000
1914	1,621,585.16
1915	1,636,424.96
1916	1,761,888.7
1917	2,076,222.6
1918	2,435,075.89
1919	2,806,070.83
1920	3,244,519.39
1921	2,889,713.32
1922	2,711,635.75
1923	2,760,202.36
1924	2,772,344.01
1925	2,839,797.64
1926	2,865,430.02
1927	2,810,118.04
1928	2,777,740.3
1929	2,777,740.3
1930	2,703,541.32
1931	2,462,057.34
1932	2,208,431.7
1933	2,093,760.54
1934	2,166,610.46
1935	2,221,922.43
1936	2,244,856.66
1937	2,328,499.16
1938	2,281,281.62
1939	2,251,602.02
1940	2,267,790.89
1941	2,383,811.13
1942	2,644,182.12
1943	2,802,023.61
1944	2,847,892.07
1945	2,912,647.55
1946	3,159,527.82
1947	3,614,165.26
1948	3,892,074.2
1949	3,854,300.17
1950	3,896,121.42
1951	4,202,360.88
1952	4,298,145.03
1953	4,333,220.91
1954	4,346,711.64
1955	4,334,569.98
1956	4,400,674.54
1957	4,547,723.44
1958	4,671,838.11
1959	4,719,055.65
1960	4,787,858.35
1961	4,839,123.1
1962	4,897,133.22
1963	4,957,841.48
1964	5,021,247.89
1965	5,100,843.17
1966	5,254,637.44
1967	5,400,337.27
1968	5,631,028.67
1969	5,938,617.2
1970	6,285,328.84
1971	6,555,143.34
1972	6,769,645.87
1973	7,187,858.35
1974	7,982,462.06
1975	8,712,310.29
1976	9,212,816.19
1977	9,811,804.38
1978	10,560,539.63
1979	11,749,072.51
1980	13,340,978.08
1981	14,719,730.19
1982	15,622,259.7
1983	16,124,114.67
1984	16,817,537.94
1985	17,413,827.99
1986	17,744,350.76
1987	18,394,603.71
1988	19,144,688.03
1989	20,068,802.7
1990	21,152,107.93
1991	22,047,892.07
1992	22,715,682.97
1993	23,386,172.01
1994	23,995,952.78
1995	24,669,139.97
1996	25,392,242.83
1997	25,985,834.74
1998	26,389,207.42
1999	26,966,610.46
2000	27,877,234.4
2001	28,665,092.75
2002	29,119,730.19
2003	29,780,775.72
2004	30,578,077.57
2005	31,615,514.33
2006	32,635,413.15
2007	33,566,394.6
2008	34,855,042.16
2009	34,731,116.36
2010	35,300,721.75
2011	36,415,109.61
2012	37,168,661.05
2013	37,713,119.73
2014	38,324,910.62
2015	38,370,374.37
2016	38,854,448.57
2017	39,682,091.06
2018	40,651,359.19
2019	41,388,047.22
2020	41,898,603.71
2021	43,866,940.98
2022	47,377,524.45
2023	49,327,743.68
2024	50,782,677.91
2025-09	52,581,450.25
Today	52,889,592.03