$1 in 1705 → $1.02 in 1701

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$1 in 1705 → $1.02 in 1701

U.S. Inflation Rate, $1 in 1705 to 1701

According to the Bureau of Labor Statistics consumer price index, prices in 1701 are 2.38% higher than average prices throughout 1705. The dollar experienced an average deflation rate of -0.59% per year during this period, meaning the real value of a dollar increased.

In other words, $1 in 1705 is equivalent in purchasing power to about $1.02 in 1701, a difference of $0.02 over 4 years.

The 1701 inflation rate was 4.88%. The inflation rate in 1705 was -8.70%. The 1705 inflation rate is lower compared to the average inflation rate of 1.32% per year between 1705 and 2019.


Inflation from 1705 to 1701
Cumulative price change 2.38%
Average inflation rate -0.59%
Converted amount ($1 base) $1.02
Price difference ($1 base) $0.02
CPI in 1705 4.200
CPI in 1701 4.300
Inflation in 1701 4.88%
Inflation in 1705 -8.70%

U.S. inflation chart since 1665


Buying power of $1 in 1701

This chart shows calculation of buying power equivalence, often referred to as "the value of a dollar" over time for $1 in 1701 (price index tracking began in 1635).

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:

Year Dollar Value Inflation Rate
1701 $1.00 4.88%
1702 $0.91 -9.30%
1703 $0.91 0.00%
1704 $1.07 17.95%
1705 $0.98 -8.70%
1706 $1.05 7.14%
1707 $1.00 -4.44%
1708 $0.84 -16.28%
1709 $1.05 25.00%
1710 $0.95 -8.89%
1711 $0.93 -2.44%
1712 $0.88 -5.00%
1713 $0.95 7.89%
1714 $0.86 -9.76%
1715 $1.02 18.92%
1716 $0.95 -6.82%
1717 $1.05 9.76%
1718 $0.95 -8.89%
1719 $1.05 9.76%
1720 $0.98 -6.67%
1721 $0.93 -4.76%
1722 $0.95 2.50%
1723 $0.98 2.44%
1724 $1.00 2.38%
1725 $1.16 16.28%
1726 $1.09 -6.00%
1727 $1.16 6.38%
1728 $1.07 -8.00%
1729 $1.07 0.00%
1730 $1.07 0.00%
1731 $0.98 -8.70%
1732 $0.88 -9.52%
1733 $0.91 2.63%
1734 $0.88 -2.56%
1735 $0.93 5.26%
1736 $0.88 -5.00%
1737 $0.93 5.26%
1738 $0.95 2.50%
1739 $0.86 -9.76%
1740 $0.91 5.41%
1741 $1.51 66.67%
1742 $1.35 -10.77%
1743 $1.21 -10.34%
1744 $1.12 -7.69%
1745 $1.07 -4.17%
1746 $1.12 4.35%
1747 $1.23 10.42%
1748 $1.47 18.87%
1749 $1.49 1.59%
1750 $1.49 0.00%
1751 $1.49 0.00%
1752 $1.53 3.12%
1753 $1.49 -3.03%
1754 $1.42 -4.69%
1755 $1.40 -1.64%
1756 $1.35 -3.33%
1757 $1.44 6.90%
1758 $1.56 8.06%
1759 $1.84 17.91%
1760 $1.77 -3.80%
1761 $1.60 -9.21%
1762 $1.74 8.70%
1763 $1.74 0.00%
1764 $1.63 -6.67%
1765 $1.67 2.86%
1766 $1.79 6.94%
1767 $1.77 -1.30%
1768 $1.67 -5.26%
1769 $1.77 5.56%
1770 $1.91 7.89%
1771 $1.81 -4.88%
1772 $2.12 16.67%
1773 $2.00 -5.49%
1774 $1.88 -5.81%
1775 $1.79 -4.94%
1776 $2.02 12.99%
1777 $2.47 21.84%
1778 $3.21 30.19%
1779 $2.84 -11.59%
1780 $3.19 12.30%
1781 $2.58 -18.98%
1782 $2.81 9.01%
1783 $2.47 -12.40%
1784 $2.37 -3.77%
1785 $2.26 -4.90%
1786 $2.21 -2.06%
1787 $2.16 -2.11%
1788 $2.07 -4.30%
1789 $2.05 -1.12%
1790 $2.14 4.55%
1791 $2.19 2.17%
1792 $2.23 2.13%
1793 $2.30 3.13%
1794 $2.56 11.11%
1795 $2.93 14.55%
1796 $3.07 4.76%
1797 $2.95 -3.79%
1798 $2.86 -3.15%
1799 $2.86 0.00%
1800 $2.93 2.44%
1801 $2.95 0.79%
1802 $2.49 -15.75%
1803 $2.63 5.61%
1804 $2.74 4.42%
1805 $2.72 -0.85%
1806 $2.84 4.27%
1807 $2.70 -4.92%
1808 $2.93 8.62%
1809 $2.86 -2.38%
1810 $2.86 0.00%
1811 $3.05 6.50%
1812 $3.09 1.53%
1813 $3.72 20.30%
1814 $4.09 10.00%
1815 $3.58 -12.50%
1816 $3.28 -8.44%
1817 $3.09 -5.67%
1818 $2.95 -4.51%
1819 $2.95 0.00%
1820 $2.72 -7.87%
1821 $2.63 -3.42%
1822 $2.72 3.54%
1823 $2.44 -10.26%
1824 $2.26 -7.62%
1825 $2.30 2.06%
1826 $2.30 0.00%
1827 $2.33 1.01%
1828 $2.21 -5.00%
1829 $2.16 -2.11%
1830 $2.14 -1.08%
1831 $2.02 -5.43%
1832 $2.00 -1.15%
1833 $1.95 -2.33%
1834 $2.00 2.38%
1835 $2.05 2.33%
1836 $2.16 5.68%
1837 $2.23 3.23%
1838 $2.16 -3.12%
1839 $2.16 0.00%
1840 $2.02 -6.45%
1841 $2.02 0.00%
1842 $1.91 -5.75%
1843 $1.72 -9.76%
1844 $1.74 1.35%
1845 $1.77 1.33%
1846 $1.79 1.32%
1847 $1.91 6.49%
1848 $1.84 -3.66%
1849 $1.79 -2.53%
1850 $1.81 1.30%
1851 $1.79 -1.28%
1852 $1.79 0.00%
1853 $1.79 0.00%
1854 $1.95 9.09%
1855 $2.02 3.57%
1856 $1.98 -2.30%
1857 $2.02 2.35%
1858 $1.91 -5.75%
1859 $1.93 1.22%
1860 $1.93 0.00%
1861 $2.05 6.02%
1862 $2.35 14.77%
1863 $2.93 24.75%
1864 $3.65 24.60%
1865 $3.79 3.82%
1866 $3.70 -2.45%
1867 $3.44 -6.92%
1868 $3.30 -4.05%
1869 $3.16 -4.23%
1870 $3.05 -3.68%
1871 $2.84 -6.87%
1872 $2.84 0.00%
1873 $2.79 -1.64%
1874 $2.65 -5.00%
1875 $2.56 -3.51%
1876 $2.49 -2.73%
1877 $2.44 -1.87%
1878 $2.33 -4.76%
1879 $2.33 0.00%
1880 $2.37 2.00%
1881 $2.37 0.00%
1882 $2.37 0.00%
1883 $2.35 -0.98%
1884 $2.28 -2.97%
1885 $2.26 -1.02%
1886 $2.19 -3.09%
1887 $2.21 1.06%
1888 $2.21 0.00%
1889 $2.14 -3.16%
1890 $2.12 -1.09%
1891 $2.12 0.00%
1892 $2.12 0.00%
1893 $2.09 -1.10%
1894 $2.00 -4.44%
1895 $1.95 -2.33%
1896 $1.95 0.00%
1897 $1.93 -1.19%
1898 $1.93 0.00%
1899 $1.93 0.00%
1900 $1.95 1.20%
1901 $1.98 1.19%
1902 $2.00 1.18%
1903 $2.05 2.33%
1904 $2.07 1.14%
1905 $2.05 -1.12%
1906 $2.09 2.27%
1907 $2.19 4.44%
1908 $2.14 -2.13%
1909 $2.12 -1.09%
1910 $2.21 4.40%
1911 $2.21 0.00%
1912 $2.26 2.11%
1913 $2.30 2.06%
1914 $2.33 1.01%
1915 $2.35 1.00%
1916 $2.53 7.92%
1917 $2.98 17.43%
1918 $3.51 17.97%
1919 $4.02 14.57%
1920 $4.65 15.61%
1921 $4.16 -10.50%
1922 $3.91 -6.15%
1923 $3.98 1.79%
1924 $3.98 0.00%
1925 $4.07 2.34%
1926 $4.12 1.14%
1927 $4.05 -1.69%
1928 $3.98 -1.72%
1929 $3.98 0.00%
1930 $3.88 -2.34%
1931 $3.53 -8.98%
1932 $3.19 -9.87%
1933 $3.02 -5.11%
1934 $3.12 3.08%
1935 $3.19 2.24%
1936 $3.23 1.46%
1937 $3.35 3.60%
1938 $3.28 -2.08%
1939 $3.23 -1.42%
1940 $3.26 0.72%
1941 $3.42 5.00%
1942 $3.79 10.88%
1943 $4.02 6.13%
1944 $4.09 1.73%
1945 $4.19 2.27%
1946 $4.53 8.33%
1947 $5.19 14.36%
1948 $5.60 8.07%
1949 $5.53 -1.24%
1950 $5.60 1.26%
1951 $6.05 7.88%
1952 $6.16 1.92%
1953 $6.21 0.75%
1954 $6.26 0.75%
1955 $6.23 -0.37%
1956 $6.33 1.49%
1957 $6.53 3.31%
1958 $6.72 2.85%
1959 $6.77 0.69%
1960 $6.88 1.72%
1961 $6.95 1.01%
1962 $7.02 1.00%
1963 $7.12 1.32%
1964 $7.21 1.31%
1965 $7.33 1.61%
1966 $7.53 2.86%
1967 $7.77 3.09%
1968 $8.09 4.19%
1969 $8.53 5.46%
1970 $9.02 5.72%
1971 $9.42 4.38%
1972 $9.72 3.21%
1973 $10.33 6.22%
1974 $11.47 11.04%
1975 $12.51 9.13%
1976 $13.23 5.76%
1977 $14.09 6.50%
1978 $15.16 7.59%
1979 $16.88 11.35%
1980 $19.16 13.50%
1981 $21.14 10.32%
1982 $22.44 6.16%
1983 $23.16 3.21%
1984 $24.16 4.32%
1985 $25.02 3.56%
1986 $25.49 1.86%
1987 $26.42 3.65%
1988 $27.51 4.14%
1989 $28.84 4.82%
1990 $30.40 5.40%
1991 $31.67 4.21%
1992 $32.63 3.01%
1993 $33.60 2.99%
1994 $34.47 2.56%
1995 $35.44 2.83%
1996 $36.49 2.95%
1997 $37.33 2.29%
1998 $37.91 1.56%
1999 $38.74 2.21%
2000 $40.05 3.36%
2001 $41.19 2.85%
2002 $41.84 1.58%
2003 $42.79 2.28%
2004 $43.93 2.66%
2005 $45.42 3.39%
2006 $46.88 3.23%
2007 $48.22 2.85%
2008 $50.07 3.84%
2009 $49.89 -0.36%
2010 $50.71 1.64%
2011 $52.31 3.16%
2012 $53.39 2.07%
2013 $54.18 1.46%
2014 $55.05 1.62%
2015 $55.12 0.12%
2016 $55.82 1.26%
2017 $57.00 2.13%
2018 $58.40 2.44%
2019 $59.56 1.99%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

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 1705 and 1701.

Compare these values to the overall average of -0.59% per year:

Category Avg Inflation (%) Total Inflation (%) $1 in 1701 → 1705
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 1705. This table and visualization use the earliest available data for each category.



How to Calculate Inflation Rate for $1, 1701 to 1705

This inflation calculator uses the following inflation rate formula:

CPI in 1701CPI in 1705
×
1705 USD value
=
1701 USD value

Then plug in historical CPI values. The U.S. CPI was 4.2 in the year 1705 and 4.3 in 1701:

4.34.2
×
$1
=
$1.02

$1 in 1705 has the same "purchasing power" or "buying power" as $1.02 in 1701.

To get the total inflation rate for the 4 years between 1701 and 1705, we use the following formula:

CPI in 1701 - CPI in 1705CPI in 1705
×
100
=
Cumulative inflation rate (4 years)

Plugging in the values to this equation, we get:

4.3 - 4.24.2
×
100
=
2%

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 1705 → 1701 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 26 Jun. 2019, https://www.officialdata.org/1705-dollars-in-1701?amount=1.

Special thanks to QuickChart for providing downloadable chart images.

in2013dollars.com is a reference website maintained by the Official Data Foundation.


» Read more about inflation and investment.

Inflation from 1705 to 1701
Cumulative price change 2.38%
Average inflation rate -0.59%
Converted amount ($1 base) $1.02
Price difference ($1 base) $0.02
CPI in 1705 4.200
CPI in 1701 4.300
Inflation in 1701 4.88%
Inflation in 1705 -8.70%
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