$12,000 in 1850 → $361,632.46 in 2017

Inflation Calculator


U.S. Inflation Rate, 1850-2017 ($12,000)

According to the Bureau of Labor Statistics, the dollar experienced an average inflation rate of 2.06% per year. Prices in 2017 are 2913.6% higher than prices in 1850.

In other words, $12,000 in the year 1850 is equivalent to $361,632.46 in 2017, a difference of $349,632.46 over 167 years.

The current inflation rate in 2017 is 1.99%1. If this number holds, $12,000 today will be equivalent to $12,238.94 next year.

Inflation from 1850 to 2017
Cumulative price change 2913.60%
Average inflation rate 2.06%
Price difference ($12,000 base) $349,632.46
CPI in 2017 244.786

U.S. inflation chart since 1665

Inflation rates for specific categories

Fish and seafood · Women's apparel · Admission to sporting events · More

Inflation-adjusted measures

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

News headlines from 1850

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

  • The first National Women's Rights Convention takes place in Wocester, Massachusetts.
  • The California Exchange is opened.
  • Britain blockades Piraeus, a Greek port.
  • The HMS Investigator sets sail from Woolwich, England, becoming the first ship to explore the Northwest Passage.

Inflation Data Source

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: “$12,000 in 1850 → 2017 | Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Education, 12 Dec. 2017, http://www.in2013dollars.com/1850-dollars?amount=12000.

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