Between 1993 and 2025, US consumer prices rose by 123.4%. That means $4 million then had roughly the same buying power as $8,935,640 now — an average of 2.54% inflation per year over 32 years.
What $4 million in 1993 was worth at each following decade, adjusted for consumer price inflation.
Inflation adjustment uses the ratio of the Consumer Price Index between the two years — the same method the U.S. Bureau of Labor Statistics documents for comparing dollar amounts over time.
The index used is CPI-U (all urban consumers, US city average, all items), base period 1982-1984 = 100. Inflation in 1993 itself ran at 3.0%. The 2025 figure is the latest annual average available and may be revised by BLS.
Note: other inflation calculators may show slightly different results because some use a specific month rather than the annual average, or a different end year. This page uses annual averages throughout, and states both index values above so the arithmetic can be checked.
$4 million in 1993 is equivalent in purchasing power to about $8,935,640 in 2025. That is an increase of $4,935,640 over 32 years, or a total price rise of 123.4%.
Prices rose at an average of 2.54% per year between 1993 and 2025. Compounded over 32 years, that turns $4 million into $8,935,640.
The amount is multiplied by the ratio of the Consumer Price Index in 2025 to the index in 1993: 322.8 divided by 144.5 equals 2.2339. Multiplying $4 million by 2.2339 gives $8,935,640. The index is the CPI-U published by the U.S. Bureau of Labor Statistics, base period 1982-1984 = 100.
Running the comparison in reverse, $4,000,000 in 2025 has roughly the same buying power as $1,790,582 in 1993.
Use the full inflation tool to compare any amount between any two years, or project what today's money will be worth in the future.
