How much would a million dollars in 1870 be worth in today's money?
Answers:
If you're asking give or take a few inflation used to prices:
What cost $1000000 contained by 1870 would cost $14,615,596.51 contained by 2006.
Back contained by 1870, money be base on the gold ingots standard.
Let's assume the $1,000,000 be contained by gold ingots coin.
The gold ingots content of a U.S. $20 Liberty Coin, minted 1849-1907 is 0.9675 troy oz.
So $1,000,000/$20 = 50,000 gold ingots coins.
50,000 coins x 0.9675 oz/coin = 48,375 oz gold
Today's gold price is $666.20/troy oz.
So 48,375 oz x $666.20/oz = approximately $32,227,425
I hope that help.