$1,000,000 in 2000 is worth $2 million today (CPI)

straight answer

$2 million

Updated June 1, 2026 · BLS / FRED (CPIAUCSL)

$1,000,000 in 2000 is worth $1,978,388.63 in today's dollars, adjusted by the official U.S. Consumer Price Index (CPI-U), which rose 98% since then. BLS/FRED data through June 1, 2026.

A million dollars in 2000 was a clear marker of wealth, a fortune by most standards. At this scale the adjustment shows that even large sums lose ground to inflation, though the 2000s were relatively mild despite the 2008 oil spike and deflation scare. The today's-dollars figure is purchasing power restated, not a return. It reveals how many more dollars it now takes to match that standing.

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Year by year

$0$524,273$1 million$1.6 million$2.1 million2000200420092013201720222026Inflation-adjusted value (CPI)
Equivalent value of $1 million from 2000, adjusted by CPI through today.
Year Equivalent value
2000 $1,030,806
2010 $1,298,454
2020 $1,543,092
2026 $1,978,389

Selected milestones; the math uses every month of the official series.

Put differently: what cost $1,000,000 in 2000 costs $1,978,388.63 today. A dollar from 2000 buys only 51% of what it bought then — prices rose 98% over the period.

The 2000s averaged modest inflation despite an oil spike to $147 in 2008, ending in the deflationary scare of the financial crisis.

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Frequently asked questions

How is the value of $1,000,000 from 2000 calculated?

We divide today's CPI-U index level by the 2000 level, as published by the U.S. Bureau of Labor Statistics. The cumulative change is 98% — a factor of 1.98.

Which inflation measure is used?

CPI-U, the broadest official U.S. consumer price index (all urban consumers), the same series used by the BLS inflation calculator.

Does this include investment returns?

No. This is pure purchasing-power adjustment. Money invested in stocks or bonds over the same period would have grown far more than inflation.

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U.S. inflation

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Descriptive, educational content computed from official public data. Not investment advice. Past performance does not guarantee future results.