$2,000,000 in 1855 → $53,993,735.66 in 2017

U.S. Inflation Rate, 1855-2017 ($2,000,000)

According to the Bureau of Labor Statistics, the dollar experienced an average inflation rate of 2.06% per year. Prices in 2017 are 2599.7% higher than prices in 1855.

In other words, $2,000,000 in the year 1855 is equivalent to $53,993,735.66 in 2017, a difference of $51,993,735.66 over 162 years.

The current inflation rate in 2017 is 1.99%1. If this number holds, $2,000,000 today will be equivalent to $2,039,823.84 next year.

Inflation from 1855 to 2017
Cumulative price change 2599.69%
Average inflation rate 2.06%
Price difference ($2,000,000 base) $51,993,735.66
CPI in 2017 244.786

U.S. inflation chart since 1665

Inflation rates for specific categories

Baby food · Women's apparel · Gasoline (all types) · More

Inflation-adjusted measures

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

News headlines from 1855

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

  • David Livingstone visits the Victoria Falls, becoming the first European to see it.
  • Henry John Temple, Third Viscount Palmerston, forms a British government.
  • A train passes a railway suspension bridge at the Niagara Falls, US for the first time.
  • Kerosene is patented by Abraham Gesner.

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.

» Read more about inflation.