According to the Bureau of Labor Statistics, the dollar experienced an average inflation rate of 1.77% per year. Prices in 2017 are 1339.8% higher than prices in 1865.
In other words, $12,000 in the year 1865 is equivalent to $172,779.95 in 2017, a difference of $160,779.95 over 152 years.
|Cumulative price change||1339.83%|
|Average inflation rate||1.77%|
|Price difference ($12,000 base)||$160,779.95|
|CPI in 2017||244.786|
Politics and news often play an important role in economic performance.
Inflation Data Source: 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.