$58,000,000 in 1829 → $1,444,939,847.83 in 2016

U.S. Inflation Rate, 1829-2016 ($58,000,000)

According to the Bureau of Labor Statistics, the dollar experienced an average inflation rate of 1.73% per year. Prices in 2016 are 2391.3% higher than prices in 1829.

In other words, $58,000,000 in the year 1829 is equivalent to $1,444,939,847.83 in 2016, a difference of $1,386,939,847.83 over 187 years.

The inflation rate in 2016 was 1.26%.

Inflation from 1829 to 2016
Cumulative price change 2391.28%
Average inflation rate 1.73%
Price difference ($58,000,000 base) $1,386,939,847.83
CPI in 2016 240.007


U.S. inflation chart since 1665


Inflation rates for specific categories

Fresh fruits · Hospital services · Electricity · More

Inflation-adjusted measures

S&P 500 price · S&P 500 earnings · Shiller P/E

News headlines from 1829

Politics and news often play an important role in economic performance.

  • Robert Peel founds the London Metropolitan Police
  • William Austin Burt patents the typographer.
  • Suttee, the tradition of a widow burning herself to death on her husband's funeral pyre, outlawed in India by Great Britain

Inflation Data Source: 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.


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