$2,000,000 in 1865 → $28,796,659.02 in 2017

U.S. Inflation Rate, 1865-2017 ($2,000,000)

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, $2,000,000 in the year 1865 is equivalent to $28,796,659.02 in 2017, a difference of $26,796,659.02 over 152 years.

The current inflation rate in 2017 is 1.99%1. If this number holds, $2,000,000 today will be equivalent to $2,039,823.84 next year.

Inflation from 1865 to 2017
Cumulative price change 1339.83%
Average inflation rate 1.77%
Price difference ($2,000,000 base) $26,796,659.02
CPI in 2017 244.786

U.S. inflation chart since 1665

Inflation rates for specific categories

Televisions · Dental services · Wine at home · More

Inflation-adjusted measures

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

News headlines from 1865

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

  • America abolishes slavery after Congress passes the 13th Amendment.
  • John Wilkes Booth assassinates President Abraham Lincoln at Ford's Theater, in Washington.
  • The New York Stock Exchange opens its first permanent headquarters at 10-12 Broad Street.
  • Columbia, South Carolina burns during the American 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.

» Read more about inflation.