The last 43 Oscar best-picture winners, ranked from lowest budget to highest

• A range of highly expensive to low-budget films have won the best picture Oscar throughout its history.
• Based on budget data from IMDB Pro, and then adjusted for inflation, we ranked the last 43 best picture winners based on their budget, from lowest to highest.

There is no special formula to win the best picture Oscar — at least when it comes to money.

Films that range from low-budget indie flicks ("Moonlight,""The Artist") to high-budget blockbusters ("Titanic,""The Lord of the Rings: Return of the King") have won the Oscar for best picture throughout history.

And that's reflected in this year's nominees as well — from Christopher Nolan's $100 million war epic, "Dunkirk," to Luca Guadagnino's $4 million 1980s romantic drama "Call Me by Your Name."

Based on budget data from IMDB Pro, and then adjusted for inflation using an inflation calculator, we've ranked the last 43 best picture winners from lowest budget to highest budget. 

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43. "Moonlight" (2016)

Initial budget: $4 million

Adjusted for inflation: $4.13 million 

42. "Rocky" (1976)

Initial budget: $960,000

Adjusted for inflation: $4.18 million 

41. "Crash" (2005)

Initial budget: $6.5 million

Adjusted for inflation: $8.2 million