According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 1.48% per year. Prices in 2017 are 1751.2% higher than prices in 1819.
In other words, $4,000 in the year 1819 is equivalent in purchasing power to $74,048.55 in 2017, a difference of $70,048.55 over 198 years.
The inflation rate in 2017 was 1.99%.
|Cumulative price change||1751.21%|
|Average inflation rate||1.48%|
|Price difference ($4,000 base)||$70,048.55|
|CPI in 2017||244.786|
Politics and news often influence economic performance. Here's what was happening at the time:
Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (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: “$4,000 in 1819 → 2017 | Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 17 Jan. 2018, http://www.in2013dollars.com/1819-dollars-in-2017?amount=4000.