$66 in 1864 → $963.87 in 2016

Inflation Calculator

$

U.S. Inflation Rate, 1864-2016 ($66)

According to the Bureau of Labor Statistics, the dollar experienced an average inflation rate of 1.78% per year. Prices in 2016 are 1360.4% higher than prices in 1864.

In other words, $66 in the year 1864 is equivalent to $963.87 in 2016, a difference of $897.87 over 152 years.

The inflation rate in 2016 was 1.26%.

Inflation from 1864 to 2016
Cumulative price change 1360.41%
Average inflation rate 1.78%
Price difference ($66 base) $897.87
CPI in 2016 240.007


U.S. inflation chart since 1665


Inflation-adjusted measures

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

News headlines from 1864

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

  • Battle or Gate Pa occurs, where the British suffer their worst defeat of the New Zealand Wars by 230 entrenched Maori warriors in Tauranga
  • The first Geneva Convention, that governed rules of warfare, is signed by 26 nations.
  • Formal establishment of Thanksgiving as a national holiday by President Lincoln.

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.