Prediction: Value of $1,000,000 from 2019 to 2050
$1,000,000 in 2019 is equivalent in purchasing power to about $1,982,695.86 in 2050, an increase of $982,695.86 over 31 years. The dollar had an average inflation rate of 2.23% per year between 2019 and 2050, producing a cumulative price increase of 98.27%. The buying power of $1,000,000 in 2019 is predicted to be equivalent to $1,982,695.86 in 2050.
This calculation is based on future inflation assumption of 2.00% per year. Use the calculator on the left to change this prediction. Or, use the annual inflation rate calculator to view inflation in the past.
| Cumulative price change | 98.27% |
| Average inflation rate | 2.23% |
| Converted amount $1,000,000 base | $1,982,695.86 |
| Price difference $1,000,000 base | $982,695.86 |
| CPI in 2019 | 115.100 |
| Inflation in 2019 | 1.59% |
| $1,000,000 in 2019 | $1,982,695.86 in 2050 |
Buying power of $1,000,000 in 2050
This chart shows a calculation of buying power equivalence for $1,000,000 in 2019 (price index tracking began in 1922).
For example, if you started with $1,000,000, you would need to end with $1,982,695.86 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
Future inflation is estimated at 2.00%.When $1,000,000 is equivalent to $1,982,695.86 over time, that means that the "real value" of a single Australian dollar decreases over time. In other words, a dollar will pay for fewer items at the store.
This effect explains how inflation erodes the value of a dollar over time. By calculating the value in 2019 dollars, the chart below shows how $1,000,000 is worth less over 31 years.
This table shows the results of the inflation prediction, with base values from the Bureau of Statistics:
Data source & citation
Raw data for these calculations comes from the government of Australia's annual (CPI) as provided by the Reserve Bank of Australia. The consumer price index was established in 1922 and is tracked by Australian Bureau of Statistics (ABS).
You may use the following MLA citation for this page: “2050 Inflation Prediction | Future Australia Inflation Calculator.” Official Inflation Data, Alioth Finance, 14 Dec. 2025, https://www.officialdata.org/2019-AUD-in-2050?amount=1000000&future_pct=0.02.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
| Cumulative price change | 98.27% |
| Average inflation rate | 2.23% |
| Converted amount $1,000,000 base | $1,982,695.86 |
| Price difference $1,000,000 base | $982,695.86 |
| CPI in 2019 | 115.100 |
| Inflation in 2019 | 1.59% |
| $1,000,000 in 2019 | $1,982,695.86 in 2050 |