$100 in 1823 → $2,257.30 in 2015

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U.S. Inflation Rate, $100 in 1823 to 2015

According to the Bureau of Labor Statistics consumer price index, prices in 2015 are 2,157.30% higher than average prices throughout 1823. The dollar experienced an average inflation rate of 1.64% per year during this period, meaning the real value of a dollar decreased.

In other words, $100 in 1823 is equivalent in purchasing power to about $2,257.30 in 2015, a difference of $2,157.30 over 192 years.

The 1823 inflation rate was -10.26%. The inflation rate in 2015 was 0.12%. The 2015 inflation rate is lower compared to the average inflation rate of 1.77% per year between 2015 and 2019.


Inflation from 1823 to 2015
Cumulative price change 2,157.30%
Average inflation rate 1.64%
Converted amount ($100 base) $2,257.30
Price difference ($100 base) $2,157.30
CPI in 1823 10.500
CPI in 2015 237.017
Inflation in 1823 -10.26%
Inflation in 2015 0.12%


U.S. inflation chart since 1665


Buying power of $100 in 1823

This chart shows calculation of buying power equivalence, often referred to as "the value of a dollar" over time for $100 in 1823 (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
1823 $100.00 -10.26%
1824 $92.38 -7.62%
1825 $94.29 2.06%
1826 $94.29 0.00%
1827 $95.24 1.01%
1828 $90.48 -5.00%
1829 $88.57 -2.11%
1830 $87.62 -1.08%
1831 $82.86 -5.43%
1832 $81.90 -1.15%
1833 $80.00 -2.33%
1834 $81.90 2.38%
1835 $83.81 2.33%
1836 $88.57 5.68%
1837 $91.43 3.23%
1838 $88.57 -3.12%
1839 $88.57 0.00%
1840 $82.86 -6.45%
1841 $82.86 0.00%
1842 $78.10 -5.75%
1843 $70.48 -9.76%
1844 $71.43 1.35%
1845 $72.38 1.33%
1846 $73.33 1.32%
1847 $78.10 6.49%
1848 $75.24 -3.66%
1849 $73.33 -2.53%
1850 $74.29 1.30%
1851 $73.33 -1.28%
1852 $73.33 0.00%
1853 $73.33 0.00%
1854 $80.00 9.09%
1855 $82.86 3.57%
1856 $80.95 -2.30%
1857 $82.86 2.35%
1858 $78.10 -5.75%
1859 $79.05 1.22%
1860 $79.05 0.00%
1861 $83.81 6.02%
1862 $96.19 14.77%
1863 $120.00 24.75%
1864 $149.52 24.60%
1865 $155.24 3.82%
1866 $151.43 -2.45%
1867 $140.95 -6.92%
1868 $135.24 -4.05%
1869 $129.52 -4.23%
1870 $124.76 -3.68%
1871 $116.19 -6.87%
1872 $116.19 0.00%
1873 $114.29 -1.64%
1874 $108.57 -5.00%
1875 $104.76 -3.51%
1876 $101.90 -2.73%
1877 $100.00 -1.87%
1878 $95.24 -4.76%
1879 $95.24 0.00%
1880 $97.14 2.00%
1881 $97.14 0.00%
1882 $97.14 0.00%
1883 $96.19 -0.98%
1884 $93.33 -2.97%
1885 $92.38 -1.02%
1886 $89.52 -3.09%
1887 $90.48 1.06%
1888 $90.48 0.00%
1889 $87.62 -3.16%
1890 $86.67 -1.09%
1891 $86.67 0.00%
1892 $86.67 0.00%
1893 $85.71 -1.10%
1894 $81.90 -4.44%
1895 $80.00 -2.33%
1896 $80.00 0.00%
1897 $79.05 -1.19%
1898 $79.05 0.00%
1899 $79.05 0.00%
1900 $80.00 1.20%
1901 $80.95 1.19%
1902 $81.90 1.18%
1903 $83.81 2.33%
1904 $84.76 1.14%
1905 $83.81 -1.12%
1906 $85.71 2.27%
1907 $89.52 4.44%
1908 $87.62 -2.13%
1909 $86.67 -1.09%
1910 $90.48 4.40%
1911 $90.48 0.00%
1912 $92.38 2.11%
1913 $94.29 2.06%
1914 $95.24 1.01%
1915 $96.19 1.00%
1916 $103.81 7.92%
1917 $121.90 17.43%
1918 $143.81 17.97%
1919 $164.76 14.57%
1920 $190.48 15.61%
1921 $170.48 -10.50%
1922 $160.00 -6.15%
1923 $162.86 1.79%
1924 $162.86 0.00%
1925 $166.67 2.34%
1926 $168.57 1.14%
1927 $165.71 -1.69%
1928 $162.86 -1.72%
1929 $162.86 0.00%
1930 $159.05 -2.34%
1931 $144.76 -8.98%
1932 $130.48 -9.87%
1933 $123.81 -5.11%
1934 $127.62 3.08%
1935 $130.48 2.24%
1936 $132.38 1.46%
1937 $137.14 3.60%
1938 $134.29 -2.08%
1939 $132.38 -1.42%
1940 $133.33 0.72%
1941 $140.00 5.00%
1942 $155.24 10.88%
1943 $164.76 6.13%
1944 $167.62 1.73%
1945 $171.43 2.27%
1946 $185.71 8.33%
1947 $212.38 14.36%
1948 $229.52 8.07%
1949 $226.67 -1.24%
1950 $229.52 1.26%
1951 $247.62 7.88%
1952 $252.38 1.92%
1953 $254.29 0.75%
1954 $256.19 0.75%
1955 $255.24 -0.37%
1956 $259.05 1.49%
1957 $267.62 3.31%
1958 $275.24 2.85%
1959 $277.14 0.69%
1960 $281.90 1.72%
1961 $284.76 1.01%
1962 $287.62 1.00%
1963 $291.43 1.32%
1964 $295.24 1.31%
1965 $300.00 1.61%
1966 $308.57 2.86%
1967 $318.10 3.09%
1968 $331.43 4.19%
1969 $349.52 5.46%
1970 $369.52 5.72%
1971 $385.71 4.38%
1972 $398.10 3.21%
1973 $422.86 6.22%
1974 $469.52 11.04%
1975 $512.38 9.13%
1976 $541.90 5.76%
1977 $577.14 6.50%
1978 $620.95 7.59%
1979 $691.43 11.35%
1980 $784.76 13.50%
1981 $865.71 10.32%
1982 $919.05 6.16%
1983 $948.57 3.21%
1984 $989.52 4.32%
1985 $1,024.76 3.56%
1986 $1,043.81 1.86%
1987 $1,081.90 3.65%
1988 $1,126.67 4.14%
1989 $1,180.95 4.82%
1990 $1,244.76 5.40%
1991 $1,297.14 4.21%
1992 $1,336.19 3.01%
1993 $1,376.19 2.99%
1994 $1,411.43 2.56%
1995 $1,451.43 2.83%
1996 $1,494.29 2.95%
1997 $1,528.57 2.29%
1998 $1,552.38 1.56%
1999 $1,586.67 2.21%
2000 $1,640.00 3.36%
2001 $1,686.67 2.85%
2002 $1,713.33 1.58%
2003 $1,752.38 2.28%
2004 $1,799.05 2.66%
2005 $1,860.00 3.39%
2006 $1,920.00 3.23%
2007 $1,974.69 2.85%
2008 $2,050.50 3.84%
2009 $2,043.21 -0.36%
2010 $2,076.72 1.64%
2011 $2,142.28 3.16%
2012 $2,186.61 2.07%
2013 $2,218.64 1.46%
2014 $2,254.63 1.62%
2015 $2,257.30 0.12%
2016 $2,285.78 1.26%
2017 $2,334.48 2.13%
2018 $2,391.49 2.44%
2019 $2,420.97 1.23%*
* 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 £100.00 in 1823 would be equivalent to £10,736.84 in 2015, an absolute change of £10,636.84 and a cumulative change of 10,636.84%.

Compare these numbers to the US's overall absolute change of $2,157.30 and total percent change of 2,157.30%.


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 1823 and 2015.

Compare these values to the overall average of 1.64% per year:

Category Avg Inflation (%) Total Inflation (%) $100 in 1823 → 2015
Food 3.20 42,424.27 42,524.27
Shelter 4.14 242,799.67 242,899.67
Energy 3.95 168,448.55 168,548.55
Apparel 2.11 5,454.63 5,554.63
New vehicles 1.17 830.77 930.77
Used cars and trucks 0.87 426.82 526.82
Transportation services 4.09 219,114.67 219,214.67
Medical care services 5.20 1,674,797.99 1,674,897.99
Medical care commodities 3.06 32,777.81 32,877.81

It's important to note that not all categories may be tracked since 1823. This table and visualization use the earliest available data for each category.



How to Calculate Inflation Rate for $100, 1823 to 2015

This inflation calculator uses the following inflation rate formula:

CPI in 2015CPI in 1823
×
1823 USD value
=
2015 USD value

Then plug in historical CPI values. The U.S. CPI was 10.5 in the year 1823 and 237.017 in 2015:

237.01710.5
×
$100
=
$2,257.30

$100 in 1823 has the same "purchasing power" or "buying power" as $2,257.30 in 2015.

To get the total inflation rate for the 192 years between 1823 and 2015, we use the following formula:

CPI in 2015 - CPI in 1823CPI in 1823
×
100
=
Cumulative inflation rate (192 years)

Plugging in the values to this equation, we get:

237.017 - 10.510.5
×
100
=
2,157%

News headlines from 1823

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

  • Defeat of the Portuguese crown loyalists marks the end of Portuguese rule in Brazil
  • James Monroe declares the Monroe Doctrine, defining US foreign policy towards Latin America.
  • Slavery is abolished in Chile

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: “1823 dollars in 2015 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 22 Apr. 2019, https://www.officialdata.org/1823-dollars-in-2015.

Special thanks to QuickChart for providing downloadable chart images.

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


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