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# \$1 in 1660 → \$0.88 in 1659

### U.S. Inflation Rate, \$1 in 1660 to 1659

According to the Bureau of Labor Statistics consumer price index, prices in 1659 are 12% lower than average prices throughout 1660. The dollar experienced an average inflation rate of 13.64% per year during this period, meaning the real value of a dollar decreased.

In other words, \$1 in 1660 is equivalent in purchasing power to about \$0.88 in 1659.

The 1659 inflation rate was 12.82%. The inflation rate in 1660 was 13.64%. The 1660 inflation rate is higher compared to the average inflation rate of 1.10% per year between 1660 and 2019.

 Average inflation rate 13.64% Converted amount (\$1 base) \$0.88 Price difference (\$1 base) \$-0.12 CPI in 1660 5.000 CPI in 1659 4.400 Inflation in 1659 12.82% Inflation in 1660 13.64%

### Inflation by Spending Category

CPI is the weighted combination of many categories of spending that are tracked by the government. This chart shows the average rate of inflation for select CPI categories between 1660 and 1659.

Compare these values to the overall average of 13.64% per year:

Category Avg Inflation (%) Total Inflation (%) \$1 in 1659 → 1660
Food 0.00 0.00 1.00
Shelter 0.00 0.00 1.00
Energy 0.00 0.00 1.00
Apparel 0.00 0.00 1.00
New vehicles 0.00 0.00 1.00
Used cars and trucks 0.00 0.00 1.00
Transportation services 0.00 0.00 1.00
Medical care services 0.00 0.00 1.00
Medical care commodities 0.00 0.00 1.00

It's important to note that not all categories may be tracked since 1660. This table and visualization use the earliest available data for each category.

### How to Calculate Inflation Rate for \$1, 1659 to 1660

This inflation calculator uses the following inflation rate formula:

CPI in 1659CPI in 1660
×
1660 USD value
=
1659 USD value

Then plug in historical CPI values. The U.S. CPI was 5 in the year 1660 and 4.4 in 1659:

4.45
×
\$1
=
\$0.88

\$1 in 1660 has the same "purchasing power" or "buying power" as \$0.88 in 1659.

To get the total inflation rate for the 1 years between 1659 and 1660, we use the following formula:

CPI in 1659 - CPI in 1660CPI in 1660
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

4.4 - 55
×
100
=
-12%

### Data Source & Citation

Raw data for these calculations comes from the Bureau of Labor Statistics' (CPI), established in 1913. Inflation data from 1665 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University.

You may use the following MLA citation for this page: “\$1 in 1660 → 1659 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 Jul. 2019, https://www.officialdata.org/1660-dollars-in-1659?amount=1.