Artificial intelligent assistant

What would be the prize value in today's terms If a $1 million dollar competitions came out roughly in 1985. Would would the equivalent prize money be today? Many thanks!

The Current Value of Old Money is a useful site for this purpose.

The answer specifically to this question is approximately $2 million (depending on how you calculate it).

USA's CPI calculation is probably most relevant to you - as this measures inflation (in the US) according to the value of typical household purchases. (So, to be more precise, you might consider a different CPI that reflects relevant luxury purchases) Anyway, \$2.09 million is a sensible value to choose from this table. Note that it's 2012, so you might consider adding ~2.4% for this year's CPI, giving you **\$2.14 million**.

xcX3v84RxoQ-4GxG32940ukFUIEgYdPy f2e133e047f4a19947358bb6581652d6