The United States has over 13.5 million millionaires. For context, the country has around 209 million people over the age of 18, and around 196 million people over the age of 21. Are you one of them?
If you had $1 million, what would you buy? It’s always good to know what items go for these days, so that as soon as you hit a million, you can go spend it all on exactly what you want… we’re kidding of course. But if you did have a million, what could you buy? Would you be able to get a house in California or New York? Would that buy you a small private plane and still have enough left over to get your pilot’s license?
You know, we were curious ourselves, so we looked into it. Also, we like to daydream too! Nothing wrong with that. Also, if you do actually have a million dollars, maybe you’ll feel one of these purchases is truly worth it. You never know when one of your purchases could pay off as an investment in the long run too, especially in real estate.
What can $1 million buy you?
$1 million can buy you:
A Lamborghini Aventador SVJ
Only 800 of these were made, and for a cool million, you can get one of these 6.5 liter V12, 770 horsepowered Lambos. However, to guarantee yourself a price tag slightly less than $1 million, you’ll need to look for a slightly used one with a few miles on the odometer. Worth every penny though, if you’re a car enthusiast.
This $1M House in California
This particular house is the kind of house you can get in California for $1 million. You’ll most likely be buying this for the nice all year round weather.
This $1M House in Ohio
On the other hand, if you actually like seasons and not just straight up warm weather all year round, check out this house you can get in Ohio. You can see it’s quite the trade-off.
This $1M Apartment in New York City
And if you like New York City, don’t worry about getting a house. Instead, you’ll be getting an apartment all to yourself. It isn’t half bad at all, it’s just not a house. But if you really love the New York City vibe, it’s not really a downside anyways.
A Richard Mille 27-04 Tourbillon Rafael Nadal Watch
If you’re into watches, this watch is slightly over $1M at a price tag of $1.05 million. There are only 50 pieces of this watch in the world. When you look closely at the watch design, you’ll see strings that resemble a tennis racquet lining the face of the watch. It is a marvelous piece and definitely a thing of beauty.
This particular island is located off the shores of Ireland for just under $1 million for 30 acres. However, you have your choice of plenty of islands around the world to choose from. There are islands in New York, Florida, Alaska, Thailand, South Africa, and much, much more. In the $1 million range, the options are endless.
How many of X can $1 million buy you?
If you’ve got $1 million to your name:
Chanel Large Classic Double Flap Handbag
You can buy: 105 handbags
Nike Air Jordan 4 Retro x Carhartt x Eminem
You can buy: 50 pairs
One of the most expensive and rarest Air Jordans you can find. Current value is roughly $20k but can run a lot more depending on the pair. Only 10 have been produced, although a few more were privately made for Eminem’s own family and friends. So technically, you can’t buy 60 since you could theoretically get 10 in total max, unless Eminem had 50 made privately for his family and friends and they all decided to sell to you.
Nike Air Force 1 Lows
You can buy: 10,000 pairs
Just your basic fashionable Nikes. These things will never go out of style, so why not buy yourself some pairs to last awhile.
McDonald’s Big Macs (if you’re hungry enough)
You can buy: 222,717 sandwiches
Dinner at Alinea – three Michelin Stars
You can go: 1,660 times by yourself
Charizard 1st Edition Pokemon Cards – PSA 10
You can buy: 5 Charizards
Remember, the above are not financial advice and should not be misconstrued as such. They are purely for entertainment and informational purposes only. If you are thinking about purchasing any of the above with your $1 million, please consult a licensed and fiduciary financial advisor before making any major decisions.