According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 1.77% per year. Prices in 2015 are 1294.0% higher than prices in 1865.
In other words, $1 in the year 1865 is equivalent in purchasing power to $13.94 in 2015, a difference of $12.94 over 150 years.
The inflation rate in 2015 was 0.12%.
|Cumulative price change||1294.00%|
|Average inflation rate||1.77%|
|Price difference ($1 base)||$12.94|
|CPI in 2015||237.017|
Politics and news often influence economic performance. Here's what was happening at the time:
Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (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: “$1 in 1865 → 2015 | Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 17 Jan. 2018, http://www.in2013dollars.com/1865-dollars-in-2015?amount=1.