$450,000,000 in 1862 → $10,209,781,252.36 in 2016

U.S. Inflation Rate, 1862-2016 ($450,000,000)

According to the Bureau of Labor Statistics, the dollar experienced an average inflation rate of 2.05% per year. Prices in 2016 are 2168.8% higher than prices in 1862.

In other words, $450,000,000 in the year 1862 is equivalent to $10,209,781,252.36 in 2016, a difference of $9,759,781,252.36 over 154 years.

The inflation rate in 2016 was 1.26%.

Inflation from 1862 to 2016
Cumulative price change 2168.84%
Average inflation rate 2.05%
Price difference ($450,000,000 base) $9,759,781,252.36
CPI in 2016 240.007


U.S. inflation chart since 1665


Inflation rates for specific categories

Jewelry · New trucks · Legal services · More

Inflation-adjusted measures

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

News headlines from 1862

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

  • President Abraham Lincoln introduced "greenbacks", US paper currency.
  • Louis Pasteur, along with Claude Bernard, perform the first pasteurization test.
  • The US Civil War leads to New Orleans falling under Union command.
  • All United States territories outlaw slavery.

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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