$195 in 1842 → $5,829.07 in 2017

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👉 You may be interested in $195 in 1842 → 2018

U.S. Inflation Rate, $195 in 1842 to 2017

According to the Bureau of Labor Statistics consumer price index, prices in 2017 are 2,889.27% higher than prices in 1842. The dollar experienced an average inflation rate of 1.96% per year during this period.

In other words, $195 in 1842 is equivalent in purchasing power to $5,829.07 in 2017, a difference of $5,634.07 over 175 years.

The 1842 inflation rate was -5.75%. The inflation rate in 2017 was 2.13%. The 2017 inflation rate is lower compared to the average inflation rate of 2.87% per year between 2017 and 2018.


Inflation from 1842 to 2017
Cumulative price change 2889.27%
Average inflation rate 1.96%
Converted amount ($195 base) $5,829.07
Price difference ($195 base) $5,634.07
CPI in 1842 8.2
CPI in 2017 245.12
Inflation in 1842 -5.75%
Inflation in 2017 2.13%


U.S. inflation chart since 1665


Buying power of $195 since 1842

This chart shows calculations of buying power equivalence over time for $195 in 1842 (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 USD Value Inflation Rate
1842 $195.00 -5.75%
1843 $175.98 -9.76%
1844 $178.35 1.35%
1845 $180.73 1.33%
1846 $183.11 1.32%
1847 $195.00 6.49%
1848 $187.87 -3.66%
1849 $183.11 -2.53%
1850 $185.49 1.30%
1851 $183.11 -1.28%
1852 $183.11 0.00%
1853 $183.11 0.00%
1854 $199.76 9.09%
1855 $206.89 3.57%
1856 $202.13 -2.30%
1857 $206.89 2.35%
1858 $195.00 -5.75%
1859 $197.38 1.22%
1860 $197.38 0.00%
1861 $209.27 6.02%
1862 $240.18 14.77%
1863 $299.63 24.75%
1864 $373.35 24.60%
1865 $387.62 3.82%
1866 $378.11 -2.45%
1867 $351.95 -6.92%
1868 $337.68 -4.05%
1869 $323.41 -4.23%
1870 $311.52 -3.68%
1871 $290.12 -6.87%
1872 $290.12 0.00%
1873 $285.37 -1.64%
1874 $271.10 -5.00%
1875 $261.59 -3.51%
1876 $254.45 -2.73%
1877 $249.70 -1.87%
1878 $237.80 -4.76%
1879 $237.80 0.00%
1880 $242.56 2.00%
1881 $242.56 0.00%
1882 $242.56 0.00%
1883 $240.18 -0.98%
1884 $233.05 -2.97%
1885 $230.67 -1.02%
1886 $223.54 -3.09%
1887 $225.91 1.06%
1888 $225.91 0.00%
1889 $218.78 -3.16%
1890 $216.40 -1.09%
1891 $216.40 0.00%
1892 $216.40 0.00%
1893 $214.02 -1.10%
1894 $204.51 -4.44%
1895 $199.76 -2.33%
1896 $199.76 0.00%
1897 $197.38 -1.19%
1898 $197.38 0.00%
1899 $197.38 0.00%
1900 $199.76 1.20%
1901 $202.13 1.19%
1902 $204.51 1.18%
1903 $209.27 2.33%
1904 $211.65 1.14%
1905 $209.27 -1.12%
1906 $214.02 2.27%
1907 $223.54 4.44%
1908 $218.78 -2.13%
1909 $216.40 -1.09%
1910 $225.91 4.40%
1911 $225.91 0.00%
1912 $230.67 2.11%
1913 $235.43 2.06%
1914 $237.80 1.01%
1915 $240.18 1.00%
1916 $259.21 7.92%
1917 $304.39 17.43%
1918 $359.09 17.97%
1919 $411.40 14.57%
1920 $475.61 15.61%
1921 $425.67 -10.50%
1922 $399.51 -6.15%
1923 $406.65 1.79%
1924 $406.65 0.00%
1925 $416.16 2.34%
1926 $420.91 1.14%
1927 $413.78 -1.69%
1928 $406.65 -1.72%
1929 $406.65 0.00%
1930 $397.13 -2.34%
1931 $361.46 -8.98%
1932 $325.79 -9.87%
1933 $309.15 -5.11%
1934 $318.66 3.08%
1935 $325.79 2.24%
1936 $330.55 1.46%
1937 $342.44 3.60%
1938 $335.30 -2.08%
1939 $330.55 -1.42%
1940 $332.93 0.72%
1941 $349.57 5.00%
1942 $387.62 10.88%
1943 $411.40 6.13%
1944 $418.54 1.73%
1945 $428.05 2.27%
1946 $463.72 8.33%
1947 $530.30 14.36%
1948 $573.11 8.07%
1949 $565.98 -1.24%
1950 $573.11 1.26%
1951 $618.29 7.88%
1952 $630.18 1.92%
1953 $634.94 0.75%
1954 $639.70 0.75%
1955 $637.32 -0.37%
1956 $646.83 1.49%
1957 $668.23 3.31%
1958 $687.26 2.85%
1959 $692.01 0.69%
1960 $703.90 1.72%
1961 $711.04 1.01%
1962 $718.17 1.00%
1963 $727.68 1.32%
1964 $737.20 1.31%
1965 $749.09 1.61%
1966 $770.49 2.86%
1967 $794.27 3.09%
1968 $827.56 4.19%
1969 $872.74 5.46%
1970 $922.68 5.72%
1971 $963.11 4.38%
1972 $994.02 3.21%
1973 $1,055.85 6.22%
1974 $1,172.38 11.04%
1975 $1,279.39 9.13%
1976 $1,353.11 5.76%
1977 $1,441.10 6.50%
1978 $1,550.49 7.59%
1979 $1,726.46 11.35%
1980 $1,959.51 13.50%
1981 $2,161.65 10.32%
1982 $2,294.82 6.16%
1983 $2,368.54 3.21%
1984 $2,470.79 4.32%
1985 $2,558.78 3.56%
1986 $2,606.34 1.86%
1987 $2,701.46 3.65%
1988 $2,813.23 4.14%
1989 $2,948.78 4.82%
1990 $3,108.11 5.40%
1991 $3,238.90 4.21%
1992 $3,336.40 3.01%
1993 $3,436.28 2.99%
1994 $3,524.27 2.56%
1995 $3,624.15 2.83%
1996 $3,731.16 2.95%
1997 $3,816.77 2.29%
1998 $3,876.22 1.56%
1999 $3,961.83 2.21%
2000 $4,095.00 3.36%
2001 $4,211.52 2.85%
2002 $4,278.11 1.58%
2003 $4,375.61 2.28%
2004 $4,492.13 2.66%
2005 $4,644.33 3.39%
2006 $4,794.15 3.23%
2007 $4,930.69 2.85%
2008 $5,120.01 3.84%
2009 $5,101.79 -0.36%
2010 $5,185.48 1.64%
2011 $5,349.16 3.16%
2012 $5,459.86 2.07%
2013 $5,539.83 1.46%
2014 $5,629.70 1.62%
2015 $5,636.38 0.12%
2016 $5,707.48 1.26%
2017 $5,829.07 2.13%
2018 $5,996.15 2.87%*
* 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 £195.00 in 1842 would be equivalent to £20,955.29 in 2017, an absolute change of £20,760.29 and a cumulative change of 10,646.30%.

Compare these numbers to the US's overall absolute change of $5,634.07 and total percent change of 2,889.27%.


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 1842 and 2017.

Compare these values to the overall average of 1.96% per year:

Category Avg Inflation (%) Total Inflation (%) $195 in 1842 → 2017
Food 3.15 22,710.55 44,480.58
Shelter 4.12 116,801.23 227,957.39
Energy 3.83 71,701.36 140,012.65
Apparel 2.07 3,513.37 7,046.06
New vehicles 1.09 571.90 1,310.21
Used cars and trucks 0.63 198.43 581.93
Transportation services 3.34 31,312.17 61,253.72
Medical care services 5.15 651,339.07 1,270,306.18
Medical care commodities 4.35 171,487.14 334,594.92

It's important to note that not all categories may be tracked since 1842. This table and visualization use the earliest available data for each category.



How to Calculate Inflation Rate for $195, 1842 to 2017

This inflation calculator uses the following inflation rate formula:

CPI in 2017CPI in 1842
×
1842 USD value
=
2017 USD value

Then plug in historical CPI values. The U.S. CPI was 8.2 in the year 1842 and 245.12 in 2017:

245.128.2
×
$195
=
$5,829.07

$195 in 1842 has the same "purchasing power" or "buying power" as $5,829.07 in 2017.

To get the total inflation rate for the 175 years between 1842 and 2017, we use the following formula:

CPI in 2017 - CPI in 1842CPI in 1842
×
100
=
Cumulative inflation rate (175 years)

Plugging in the values to this equation, we get:

245.12 - 8.28.2
×
100
=
2,889%

News headlines from 1842

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

  • A British surgeon, Dr William Brydon, became famous for being the only survivor of an entire army, 16,500 men strong, during the first Afghan War.
  • Regent of the Emperor of Ethiopia, Ras Ali Alula defeats Wube Haile Maryam of Semien in the Debre Tabor Battle
  • America Declares the Second Seminole War against Indians, which was to remove them from Florida and Oklahoma.
  • The Opium War ends after,Great Britain and China,sign the treaty of Nanking.

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: “$195 in 1842 → 2017 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 15 Oct. 2018, https://www.officialdata.org/1842-dollars-in-2017?amount=195.

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


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