$60 in 1863 → $1,089.77 in 2014

Inflation Calculator

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U.S. Inflation Rate, 1863-2014 ($60)

According to the Bureau of Labor Statistics, the dollar experienced an average inflation rate of 1.94% per year. Prices in 2014 are 1716.3% higher than prices in 1863.

In other words, $60 in the year 1863 is equivalent to $1,089.77 in 2014, a difference of $1,029.77 over 151 years.

The inflation rate in 2014 was 1.62%.

Inflation from 1863 to 2014
Cumulative price change 1716.28%
Average inflation rate 1.94%
Price difference ($60 base) $1,029.77
CPI in 2014 236.736


U.S. inflation chart since 1665


Inflation rates for specific categories

Wine at home · Milk · Educational books and supplies · More

Inflation-adjusted measures

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

News headlines from 1863

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

  • Slavery ends in the Unites States, after President Lincoln issues Emancipation Proclamation, setting all slaves free.
  • Bahá'u'lláh, founder of the Bahá'í Faith, enters gardens of Rivden and makes the declaration of aha'u'llah during the short time he spent there
  • The Union wins a major victory in the Battle of Gettysburg, the largest of the Civil War.

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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