$1 in 1790 → $1.20 in 1794

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$1 in 1790 → $1.20 in 1794

U.S. Inflation Rate, $1 in 1790 to 1794

According to the Bureau of Labor Statistics consumer price index, prices in 1794 are 19.57% higher than average prices throughout 1790. The dollar experienced an average inflation rate of 4.57% per year during this period, meaning the real value of a dollar decreased.

In other words, $1 in 1790 is equivalent in purchasing power to about $1.20 in 1794, a difference of $0.20 over 4 years.

The 1790 inflation rate was 4.55%. The inflation rate in 1794 was 11.11%. The 1794 inflation rate is higher compared to the average inflation rate of 1.41% per year between 1794 and 2019.


Inflation from 1790 to 1794
Cumulative price change 19.57%
Average inflation rate 4.57%
Converted amount ($1 base) $1.20
Price difference ($1 base) $0.20
CPI in 1790 9.200
CPI in 1794 11.000
Inflation in 1790 4.55%
Inflation in 1794 11.11%

U.S. inflation chart since 1665


Buying power of $1 in 1790

This chart shows calculation of buying power equivalence, often referred to as "the value of a dollar" over time for $1 in 1790 (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
1790 $1.00 4.55%
1791 $1.02 2.17%
1792 $1.04 2.13%
1793 $1.08 3.13%
1794 $1.20 11.11%
1795 $1.37 14.55%
1796 $1.43 4.76%
1797 $1.38 -3.79%
1798 $1.34 -3.15%
1799 $1.34 0.00%
1800 $1.37 2.44%
1801 $1.38 0.79%
1802 $1.16 -15.75%
1803 $1.23 5.61%
1804 $1.28 4.42%
1805 $1.27 -0.85%
1806 $1.33 4.27%
1807 $1.26 -4.92%
1808 $1.37 8.62%
1809 $1.34 -2.38%
1810 $1.34 0.00%
1811 $1.42 6.50%
1812 $1.45 1.53%
1813 $1.74 20.30%
1814 $1.91 10.00%
1815 $1.67 -12.50%
1816 $1.53 -8.44%
1817 $1.45 -5.67%
1818 $1.38 -4.51%
1819 $1.38 0.00%
1820 $1.27 -7.87%
1821 $1.23 -3.42%
1822 $1.27 3.54%
1823 $1.14 -10.26%
1824 $1.05 -7.62%
1825 $1.08 2.06%
1826 $1.08 0.00%
1827 $1.09 1.01%
1828 $1.03 -5.00%
1829 $1.01 -2.11%
1830 $1.00 -1.08%
1831 $0.95 -5.43%
1832 $0.93 -1.15%
1833 $0.91 -2.33%
1834 $0.93 2.38%
1835 $0.96 2.33%
1836 $1.01 5.68%
1837 $1.04 3.23%
1838 $1.01 -3.12%
1839 $1.01 0.00%
1840 $0.95 -6.45%
1841 $0.95 0.00%
1842 $0.89 -5.75%
1843 $0.80 -9.76%
1844 $0.82 1.35%
1845 $0.83 1.33%
1846 $0.84 1.32%
1847 $0.89 6.49%
1848 $0.86 -3.66%
1849 $0.84 -2.53%
1850 $0.85 1.30%
1851 $0.84 -1.28%
1852 $0.84 0.00%
1853 $0.84 0.00%
1854 $0.91 9.09%
1855 $0.95 3.57%
1856 $0.92 -2.30%
1857 $0.95 2.35%
1858 $0.89 -5.75%
1859 $0.90 1.22%
1860 $0.90 0.00%
1861 $0.96 6.02%
1862 $1.10 14.77%
1863 $1.37 24.75%
1864 $1.71 24.60%
1865 $1.77 3.82%
1866 $1.73 -2.45%
1867 $1.61 -6.92%
1868 $1.54 -4.05%
1869 $1.48 -4.23%
1870 $1.42 -3.68%
1871 $1.33 -6.87%
1872 $1.33 0.00%
1873 $1.30 -1.64%
1874 $1.24 -5.00%
1875 $1.20 -3.51%
1876 $1.16 -2.73%
1877 $1.14 -1.87%
1878 $1.09 -4.76%
1879 $1.09 0.00%
1880 $1.11 2.00%
1881 $1.11 0.00%
1882 $1.11 0.00%
1883 $1.10 -0.98%
1884 $1.07 -2.97%
1885 $1.05 -1.02%
1886 $1.02 -3.09%
1887 $1.03 1.06%
1888 $1.03 0.00%
1889 $1.00 -3.16%
1890 $0.99 -1.09%
1891 $0.99 0.00%
1892 $0.99 0.00%
1893 $0.98 -1.10%
1894 $0.93 -4.44%
1895 $0.91 -2.33%
1896 $0.91 0.00%
1897 $0.90 -1.19%
1898 $0.90 0.00%
1899 $0.90 0.00%
1900 $0.91 1.20%
1901 $0.92 1.19%
1902 $0.93 1.18%
1903 $0.96 2.33%
1904 $0.97 1.14%
1905 $0.96 -1.12%
1906 $0.98 2.27%
1907 $1.02 4.44%
1908 $1.00 -2.13%
1909 $0.99 -1.09%
1910 $1.03 4.40%
1911 $1.03 0.00%
1912 $1.05 2.11%
1913 $1.08 2.06%
1914 $1.09 1.01%
1915 $1.10 1.00%
1916 $1.18 7.92%
1917 $1.39 17.43%
1918 $1.64 17.97%
1919 $1.88 14.57%
1920 $2.17 15.61%
1921 $1.95 -10.50%
1922 $1.83 -6.15%
1923 $1.86 1.79%
1924 $1.86 0.00%
1925 $1.90 2.34%
1926 $1.92 1.14%
1927 $1.89 -1.69%
1928 $1.86 -1.72%
1929 $1.86 0.00%
1930 $1.82 -2.34%
1931 $1.65 -8.98%
1932 $1.49 -9.87%
1933 $1.41 -5.11%
1934 $1.46 3.08%
1935 $1.49 2.24%
1936 $1.51 1.46%
1937 $1.57 3.60%
1938 $1.53 -2.08%
1939 $1.51 -1.42%
1940 $1.52 0.72%
1941 $1.60 5.00%
1942 $1.77 10.88%
1943 $1.88 6.13%
1944 $1.91 1.73%
1945 $1.96 2.27%
1946 $2.12 8.33%
1947 $2.42 14.36%
1948 $2.62 8.07%
1949 $2.59 -1.24%
1950 $2.62 1.26%
1951 $2.83 7.88%
1952 $2.88 1.92%
1953 $2.90 0.75%
1954 $2.92 0.75%
1955 $2.91 -0.37%
1956 $2.96 1.49%
1957 $3.05 3.31%
1958 $3.14 2.85%
1959 $3.16 0.69%
1960 $3.22 1.72%
1961 $3.25 1.01%
1962 $3.28 1.00%
1963 $3.33 1.32%
1964 $3.37 1.31%
1965 $3.42 1.61%
1966 $3.52 2.86%
1967 $3.63 3.09%
1968 $3.78 4.19%
1969 $3.99 5.46%
1970 $4.22 5.72%
1971 $4.40 4.38%
1972 $4.54 3.21%
1973 $4.83 6.22%
1974 $5.36 11.04%
1975 $5.85 9.13%
1976 $6.18 5.76%
1977 $6.59 6.50%
1978 $7.09 7.59%
1979 $7.89 11.35%
1980 $8.96 13.50%
1981 $9.88 10.32%
1982 $10.49 6.16%
1983 $10.83 3.21%
1984 $11.29 4.32%
1985 $11.70 3.56%
1986 $11.91 1.86%
1987 $12.35 3.65%
1988 $12.86 4.14%
1989 $13.48 4.82%
1990 $14.21 5.40%
1991 $14.80 4.21%
1992 $15.25 3.01%
1993 $15.71 2.99%
1994 $16.11 2.56%
1995 $16.57 2.83%
1996 $17.05 2.95%
1997 $17.45 2.29%
1998 $17.72 1.56%
1999 $18.11 2.21%
2000 $18.72 3.36%
2001 $19.25 2.85%
2002 $19.55 1.58%
2003 $20.00 2.28%
2004 $20.53 2.66%
2005 $21.23 3.39%
2006 $21.91 3.23%
2007 $22.54 2.85%
2008 $23.40 3.84%
2009 $23.32 -0.36%
2010 $23.70 1.64%
2011 $24.45 3.16%
2012 $24.96 2.07%
2013 $25.32 1.46%
2014 $25.73 1.62%
2015 $25.76 0.12%
2016 $26.09 1.26%
2017 $26.64 2.13%
2018 $27.29 2.44%
2019 $27.84 2.01%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

Inflation by Country

Inflation can also vary widely by country. For comparison, in the UK £1.00 in 1790 would be equivalent to £1.13 in 1794, an absolute change of £0.13 and a cumulative change of 13.33%.

Compare these numbers to the US's overall absolute change of $0.20 and total percent change of 19.57%.


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 1790 and 1794.

Compare these values to the overall average of 4.57% per year:

Category Avg Inflation (%) Total Inflation (%) $1 in 1790 → 1794
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 1790. This table and visualization use the earliest available data for each category.



How to Calculate Inflation Rate for $1, 1790 to 1794

This inflation calculator uses the following inflation rate formula:

CPI in 1794CPI in 1790
×
1790 USD value
=
1794 USD value

Then plug in historical CPI values. The U.S. CPI was 9.2 in the year 1790 and 11 in 1794:

119.2
×
$1
=
$1.20

$1 in 1790 has the same "purchasing power" or "buying power" as $1.20 in 1794.

To get the total inflation rate for the 4 years between 1790 and 1794, we use the following formula:

CPI in 1794 - CPI in 1790CPI in 1790
×
100
=
Cumulative inflation rate (4 years)

Plugging in the values to this equation, we get:

11 - 9.29.2
×
100
=
20%

News headlines from 1790

Politics and news often influence economic performance. Here's what was happening at the time:

  • George Washington, delivers his first State of the Union address as president.
  • The Swedish navy capture a third of the Russian fleet in the Second Battle of Svensksund.
  • Columbia Rediviva, returns to Boston, having become the first American ship to circumnavigate the world.
  • Turkish fortress of Izmail, thought to be impenetrable, is captured by the Russians under the command of Suvorov.

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 1790 → 1794 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 Jul. 2019, https://www.officialdata.org/1790-dollars-in-1794?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 1790 to 1794
Cumulative price change 19.57%
Average inflation rate 4.57%
Converted amount ($1 base) $1.20
Price difference ($1 base) $0.20
CPI in 1790 9.200
CPI in 1794 11.000
Inflation in 1790 4.55%
Inflation in 1794 11.11%
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