Inflation Rate between 1800-2024 | Inflation Calculator (2024)

Value of $1 from 1800 to 2024

$1 in 1800 is equivalent in purchasing power to about $24.79 today, an increase of $23.79 over 224 years. The dollar had an average inflation rate of 1.44% per year between 1800 and today, producing a cumulative price increase of 2,378.83%.

This means that today's prices are 24.79 times as high as average prices since 1800, according to the Bureau of Labor Statistics consumer price index. A dollar today only buys 4.034% of what it could buy back then.

The inflation rate in 1800 was 2.44%. The current inflation rate compared to the end of last year is now 3.48%. If this number holds, $1 today will be equivalent in buying power to $1.03 next year. The current inflation rate page gives more detail on the latest inflation rates.

Contents

  1. Overview
  2. Buying Power of $1
  3. Inflation by Country
  4. Inflation by Spending Category
  5. Data Source

Inflation from 1800 to 2024
Cumulative price change2,378.83%
Average inflation rate1.44%
Converted amount
$1 base
$24.79
Price difference
$1 base
$23.79
CPI in 180012.600
CPI in 2024312.332
Inflation in 18002.44%
Inflation in 20243.48%
$1 in 1800$24.79 in 2024

USD inflation since 1800

Annual Rate, the Bureau of Labor Statistics CPI

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Buying power of $1 in 1800

This chart shows a calculation of buying power equivalence for $1 in 1800 (price index tracking began in 1635).

For example, if you started with $1, you would need to end with $24.79 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

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When $1 is equivalent to $24.79 over time, that means that the "real value" of a single U.S. 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 1800 dollars, the chart below shows how $1 is worth less over 224 years.

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According to the Bureau of Labor Statistics, each of these USD amounts below is equal in terms of what it could buy at the time:

Dollar inflation: 1800-2024
YearDollar ValueInflation Rate
1800$1.002.44%
1801$1.010.79%
1802$0.85-15.75%
1803$0.905.61%
1804$0.944.42%
1805$0.93-0.85%
1806$0.974.27%
1807$0.92-4.92%
1808$1.008.62%
1809$0.98-2.38%
1810$0.980.00%
1811$1.046.50%
1812$1.061.53%
1813$1.2720.30%
1814$1.4010.00%
1815$1.22-12.50%
1816$1.12-8.44%
1817$1.06-5.67%
1818$1.01-4.51%
1819$1.010.00%
1820$0.93-7.87%
1821$0.90-3.42%
1822$0.933.54%
1823$0.83-10.26%
1824$0.77-7.62%
1825$0.792.06%
1826$0.790.00%
1827$0.791.01%
1828$0.75-5.00%
1829$0.74-2.11%
1830$0.73-1.08%
1831$0.69-5.43%
1832$0.68-1.15%
1833$0.67-2.33%
1834$0.682.38%
1835$0.702.33%
1836$0.745.68%
1837$0.763.23%
1838$0.74-3.12%
1839$0.740.00%
1840$0.69-6.45%
1841$0.690.00%
1842$0.65-5.75%
1843$0.59-9.76%
1844$0.601.35%
1845$0.601.33%
1846$0.611.32%
1847$0.656.49%
1848$0.63-3.66%
1849$0.61-2.53%
1850$0.621.30%
1851$0.61-1.28%
1852$0.610.00%
1853$0.610.00%
1854$0.679.09%
1855$0.693.57%
1856$0.67-2.30%
1857$0.692.35%
1858$0.65-5.75%
1859$0.661.22%
1860$0.660.00%
1861$0.706.02%
1862$0.8014.77%
1863$1.0024.75%
1864$1.2524.60%
1865$1.293.82%
1866$1.26-2.45%
1867$1.17-6.92%
1868$1.13-4.05%
1869$1.08-4.23%
1870$1.04-3.68%
1871$0.97-6.87%
1872$0.970.00%
1873$0.95-1.64%
1874$0.90-5.00%
1875$0.87-3.51%
1876$0.85-2.73%
1877$0.83-1.87%
1878$0.79-4.76%
1879$0.790.00%
1880$0.812.00%
1881$0.810.00%
1882$0.810.00%
1883$0.80-0.98%
1884$0.78-2.97%
1885$0.77-1.02%
1886$0.75-3.09%
1887$0.751.06%
1888$0.750.00%
1889$0.73-3.16%
1890$0.72-1.09%
1891$0.720.00%
1892$0.720.00%
1893$0.71-1.10%
1894$0.68-4.44%
1895$0.67-2.33%
1896$0.670.00%
1897$0.66-1.19%
1898$0.660.00%
1899$0.660.00%
1900$0.671.20%
1901$0.671.19%
1902$0.681.18%
1903$0.702.33%
1904$0.711.14%
1905$0.70-1.12%
1906$0.712.27%
1907$0.754.44%
1908$0.73-2.13%
1909$0.72-1.09%
1910$0.754.40%
1911$0.750.00%
1912$0.772.11%
1913$0.792.06%
1914$0.791.01%
1915$0.801.00%
1916$0.877.92%
1917$1.0217.43%
1918$1.2017.97%
1919$1.3714.57%
1920$1.5915.61%
1921$1.42-10.50%
1922$1.33-6.15%
1923$1.361.79%
1924$1.360.00%
1925$1.392.34%
1926$1.401.14%
1927$1.38-1.69%
1928$1.36-1.72%
1929$1.360.00%
1930$1.33-2.34%
1931$1.21-8.98%
1932$1.09-9.87%
1933$1.03-5.11%
1934$1.063.08%
1935$1.092.24%
1936$1.101.46%
1937$1.143.60%
1938$1.12-2.08%
1939$1.10-1.42%
1940$1.110.72%
1941$1.175.00%
1942$1.2910.88%
1943$1.376.13%
1944$1.401.73%
1945$1.432.27%
1946$1.558.33%
1947$1.7714.36%
1948$1.918.07%
1949$1.89-1.24%
1950$1.911.26%
1951$2.067.88%
1952$2.101.92%
1953$2.120.75%
1954$2.130.75%
1955$2.13-0.37%
1956$2.161.49%
1957$2.233.31%
1958$2.292.85%
1959$2.310.69%
1960$2.351.72%
1961$2.371.01%
1962$2.401.00%
1963$2.431.32%
1964$2.461.31%
1965$2.501.61%
1966$2.572.86%
1967$2.653.09%
1968$2.764.19%
1969$2.915.46%
1970$3.085.72%
1971$3.214.38%
1972$3.323.21%
1973$3.526.22%
1974$3.9111.04%
1975$4.279.13%
1976$4.525.76%
1977$4.816.50%
1978$5.177.59%
1979$5.7611.35%
1980$6.5413.50%
1981$7.2110.32%
1982$7.666.16%
1983$7.903.21%
1984$8.254.32%
1985$8.543.56%
1986$8.701.86%
1987$9.023.65%
1988$9.394.14%
1989$9.844.82%
1990$10.375.40%
1991$10.814.21%
1992$11.133.01%
1993$11.472.99%
1994$11.762.56%
1995$12.102.83%
1996$12.452.95%
1997$12.742.29%
1998$12.941.56%
1999$13.222.21%
2000$13.673.36%
2001$14.062.85%
2002$14.281.58%
2003$14.602.28%
2004$14.992.66%
2005$15.503.39%
2006$16.003.23%
2007$16.462.85%
2008$17.093.84%
2009$17.03-0.36%
2010$17.311.64%
2011$17.853.16%
2012$18.222.07%
2013$18.491.46%
2014$18.791.62%
2015$18.810.12%
2016$19.051.26%
2017$19.452.13%
2018$19.942.49%
2019$20.291.76%
2020$20.541.23%
2021$21.514.70%
2022$23.238.00%
2023$24.184.12%
2024$24.792.50%*

* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

Click to show 218 more rows

This conversion table shows various other 1800 amounts in today's dollars, based on the 2,378.83% change in prices:

Conversion: 1800 dollars today
Initial valueEquivalent value
$1 dollar in 1800$24.79 dollars today
$5 dollars in 1800$123.94 dollars today
$10 dollars in 1800$247.88 dollars today
$50 dollars in 1800$1,239.41 dollars today
$100 dollars in 1800$2,478.83 dollars today
$500 dollars in 1800$12,394.13 dollars today
$1,000 dollars in 1800$24,788.25 dollars today
$5,000 dollars in 1800$123,941.27 dollars today
$10,000 dollars in 1800$247,882.54 dollars today
$50,000 dollars in 1800$1,239,412.70 dollars today
$100,000 dollars in 1800$2,478,825.40 dollars today
$500,000 dollars in 1800$12,394,126.98 dollars today
$1,000,000 dollars in 1800$24,788,253.97 dollars today

Inflation by Country

Inflation can also vary widely by country. For comparison, in the UK £1.00 in 1800 would be equivalent to £104.97 in 2024, an absolute change of £103.97 and a cumulative change of 10,397.31%.

Compare these numbers to the US's overall absolute change of $23.79 and total percent change of 2,378.83%.

Inflation by Spending Category

CPI is the weighted combination of many categories of spending that are tracked by the government. Breaking down these categories helps explain the main drivers behind price changes.

This chart shows the average rate of inflation for select CPI categories between 1800 and 2024.

Compare these values to the overall average of 1.44% per year:

CategoryAvg Inflation (%)Total Inflation (%)$1 in 1800 → 2024
Food and beverages3.99638,023.946,381.24
Housing4.251,114,197.5811,142.98
Apparel1.987,962.1980.62
Transportation3.35161,094.741,611.95
Medical care4.602,369,253.1123,693.53
Recreation1.361,983.7220.84
Education and communication1.744,623.6047.24
Other goods and services4.965,066,935.9450,670.36

The graph below compares inflation in categories of goods over time. Click on a category such as "Food" to toggle it on or off:

For all these visualizations, it's important to note that not all categories may have been tracked since 1800. This table and charts use the earliest available data for each category.

Inflation rates of specific categories

Medical Care · Housing · Rent · Food · More

Inflation-adjusted measures

· · Shiller P/E

How to calculate inflation rate for $1 since 1800

Our calculations use the following inflation rate formula to calculate the change in value between 1800 and today:

CPI today CPI in 1800

×

1800 USD value

=

Today's value

Then plug in historical CPI values. The U.S. CPI was 12.6 in the year 1800 and 312.332 in 2024:

312.33212.6

×

$1

=

$24.79

$1 in 1800 has the same "purchasing power" or "buying power" as $24.79 in 2024.

To get the total inflation rate for the 224 years between 1800 and 2024, we use the following formula:

CPI in 2024 - CPI in 1800CPI in 1800

×

100

=

Cumulative inflation rate (224 years)

Plugging in the values to this equation, we get:

312.332 - 12.612.6

×

100

=

2,379%

Data source & citation

Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (CPI), established in 1913. Price index data from 1774 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University and from the American Antiquarian Society. Price index data from 1634 to 1773 is from the American Antiquarian Society, using British pound equivalents.

You may use the following MLA citation for this page: “$1 in 1800 → 2024 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 29 Apr. 2024, https://www.officialdata.org/us/inflation/1800?amount=1.

Special thanks to QuickChart for their chart image API, which is used for chart downloads.

Inflation Rate between 1800-2024 | Inflation Calculator (1)

About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

Email · LinkedIn · Twitter

» Read more about inflation and investment.

Other resources:

  • U.S. Economy
  • Canada Inflation
  • U.K. Inflation
  • Australia Inflation
  • Euro Inflation
  • Venezuela Inflation
Inflation Rate between 1800-2024 | Inflation Calculator (2024)

FAQs

What was the inflation rate from 1850 to 2024? ›

Value of $58.47 from 1850 to 2024

$58.47 in 1850 is equivalent in purchasing power to about $2,341.29 today, an increase of $2,282.82 over 174 years. The dollar had an average inflation rate of 2.14% per year between 1850 and today, producing a cumulative price increase of 3,904.26%.

How much has inflation increased since 1800? ›

The dollar had an average inflation rate of 1.44% per year between 1800 and today, producing a cumulative price increase of 2,378.83%. This means that today's prices are 24.79 times as high as average prices since 1800, according to the Bureau of Labor Statistics consumer price index.

What will $1 be worth in 30 years? ›

Real growth rates
One time saving $1 (taxable account)Every year saving $1 (taxable account)
After # yearsNominal valueNominal value
307.0793.87
3510.04137.72
4014.31200.13
7 more rows

How do you calculate inflation rate between years? ›

Understanding Inflation Rate Formulas
  1. Find the average price in both years: $1.60 in 1992 and $2.62 in 2012.
  2. Enter the data into the equation.
  3. Subtract the 1992 price from the 2012 price ($1.02)
  4. Divide the difference by the original price. ($1.02 ÷ $1.60 = 0.6375)
  5. Multiply the previous answer by 100 to get a percentage.
Sep 13, 2023

When was the highest inflation rate in the US history? ›

When Was the U.S. Inflation Rate the Highest? The highest inflation in U.S. history was in 1917 when annual inflation reached a rate of 17.84%. The inflation rate of the following three years, from 1918 to 1920, rounded out the top four years with the highest rates in U.S. inflation rate history.

What is the average inflation rate for 30 years? ›

30-Year Breakeven Inflation Rate is at 2.27%, compared to 2.26% last month and 2.26% last year. This is higher than the long term average of 2.13%.

How much is $1 in 1900 worth today? ›

One dollar in the 1900s would be worth over $33 today, according to an inflation calculator. In 2021, $1 can only buy about half a loaf of bread or about 75% less bread than it could in the 1980s, according to data from Self Financial.

How much was $1 worth in 1880? ›

$1 in 1880 is equivalent in purchasing power to about $27.56 today, an increase of $26.56 over 142 years. The dollar had an average inflation rate of 2.36% per year between 1880 and today, producing a cumulative price increase of 2,656.35%.

How much is $1 in 1700 worth today? ›

$1 in 1700 is equivalent in purchasing power to about $76.18 today, an increase of $75.18 over 324 years. The dollar had an average inflation rate of 1.35% per year between 1700 and today, producing a cumulative price increase of 7,517.85%.

How much will $10,000 be worth in 20 years? ›

The table below shows the present value (PV) of $10,000 in 20 years for interest rates from 2% to 30%. As you will see, the future value of $10,000 over 20 years can range from $14,859.47 to $1,900,496.38.

How much will $100 a month be worth in 30 years? ›

Investing $100 per month, with an average return rate of 10%, will yield $200,000 after 30 years. Due to compound interest, your investment will yield $535,000 after 40 years. These numbers can grow exponentially with an extra $100. If you make a monthly investment of $200, your 30-year yield will be close to $400,000.

How much will 100k be worth in 30 years? ›

Answer and Explanation: The amount of $100,000 will grow to $432,194.24 after 30 years at a 5% annual return. The amount of $100,000 will grow to $1,006,265.69 after 30 years at an 8% annual return.

How much was a dollar worth in 1800? ›

The U.S. dollar has lost 96% its value since 1800

This means that today's prices are 24.79 times as high as average prices since 1800, according to the Bureau of Labor Statistics consumer price index. A dollar today only buys 4.034% of what it could buy back then. The inflation rate in 1800 was 2.44%.

Will inflation ever go down? ›

The reading was stronger than expected - but the pace of price increases has still fallen significantly since peaking in summer 2022. But the reality is that even as the inflation rate falls, it's unlikely that most prices will decrease alongside it, though some individual items might cost less.

What is the inflation rate for 2024? ›

U.S. monthly inflation rate 2024

In March 2024, prices had increased by 3.5 percent compared to March 2023 according to the 12-month percentage change in the consumer price index — the monthly inflation rate for goods and services in the United States. The data represents U.S. city averages.

How much is $100 in 1850 worth today? ›

$100 in 1850 is worth $4,004.26 today

This means that today's prices are 40.04 times as high as average prices since 1850, according to the Bureau of Labor Statistics consumer price index. A dollar today only buys 2.497% of what it could buy back then. The inflation rate in 1850 was 1.30%.

What is the average inflation rate over the last 50 years? ›

During the observation period from 1960 to 2022, the average inflation rate was 3.8% per year. Overall, the price increase was 903.96%. An item that cost 100 dollars in 1960 costs 1,003.96 dollars at the beginning of 2023. For November 2023, the year-over-year inflation rate was 3.14%.

What was the inflation rate in 2024? ›

The consumer price index rose 3.5% in March 2024, on an annual basis, according to the U.S. Bureau of Labor Statistics.

What is the true inflation rate? ›

Basic Info. US Inflation Rate is at 3.48%, compared to 3.15% last month and 4.98% last year. This is higher than the long term average of 3.28%. The US Inflation Rate is the percentage in which a chosen basket of goods and services purchased in the US increases in price over a year.

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