$12,000 in 1860 → $338,047.74 in 2017

Inflation Calculator

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U.S. Inflation Rate, 1860-2017 ($12,000)

According to the Bureau of Labor Statistics, the dollar experienced an average inflation rate of 2.15% per year. Prices in 2017 are 2717.1% higher than prices in 1860.

In other words, $12,000 in the year 1860 is equivalent to $338,047.74 in 2017, a difference of $326,047.74 over 157 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 1860 to 2017
Cumulative price change 2717.06%
Average inflation rate 2.15%
Price difference ($12,000 base) $326,047.74
CPI in 2017 244.786


U.S. inflation chart since 1665


Inflation rates for specific categories

Fish and seafood · Food · Milk · More

Inflation-adjusted measures

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

News headlines from 1860

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

  • Abraham Lincoln becomes the 16th President of the U.S.
  • Slavery ends in the Dutch East Indies.

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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