$300 in 1855 → $8,099.06 in 2017

Inflation Calculator

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U.S. Inflation Rate, 1855-2017 ($300)

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, $300 in the year 1855 is equivalent to $8,099.06 in 2017, a difference of $7,799.06 over 162 years.

The current inflation rate in 2017 is 1.99%1. If this number holds, $300 today will be equivalent to $305.97 next year.

Inflation from 1855 to 2017
Cumulative price change 2599.69%
Average inflation rate 2.06%
Price difference ($300 base) $7,799.06
CPI in 2017 244.786


U.S. inflation chart since 1665


Inflation rates for specific categories

New cars · Medical care · Electricity · More

Inflation-adjusted measures

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

News headlines from 1855

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

  • 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

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: “$300 in 1855 → 2017 | Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Education, 12 Dec. 2017, http://www.in2013dollars.com/1855-dollars?amount=300.


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