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👉 You may be interested in $7,200,000 in 1867 → 2018
U.S. Inflation Rate, $7,200,000 in 1867 to 2015
According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 1.86% per year. Prices in 2015 are 1,430.15% higher than prices in 1867.
In other words, $7,200,000 in 1867 is equivalent in purchasing power to $110,170,718.80 in 2015, a difference of $102,970,718.80 over 148 years.
The inflation rate in 2015 was 0.12%.
| Cumulative price change | 1430.15% |
| Average inflation rate | 1.86% |
| Converted amount ($7,200,000 base) | $110,170,718.80 |
| Price difference ($7,200,000 base) | $102,970,718.80 |
| CPI in 2015 | 237.017 |
CPI is the weighted combination of many categories. This chart shows the average rate of inflation for select CPI categories between 1867 and 2015.
Compare these values to the overall average of 1.86% per year:
| Category | Avg Inflation (%) | $7,200,000 in 1867 → 2015 |
|---|---|---|
| Food | 3.20 | 764,844,939.44 |
| Shelter | 4.14 | 2,930,437,230.89 |
| Energy | 3.95 | 2,210,213,550.14 |
| Apparel | 2.11 | 159,283,609.05 |
| New vehicles | 1.17 | 40,192,770.32 |
| Used cars and trucks | 0.87 | 25,918,686.09 |
| Transportation services | 3.35 | 943,896,132.99 |
| Medical care services | 5.20 | 12,981,459,550.95 |
| Medical care commodities | 4.40 | 4,213,639,174.01 |
It's important to note that not all categories may be tracked since 1867. This table and visualization use the earliest available data for each category.
Buying power of $7,200,000 since 1867
This chart shows calculations of buying power equivalence over time for $7,200,000 in 1867 (price index tracking began in 1913).
According to the Bureau of Labor Statistics, each of these USD amounts below is equal in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1867 | $7,200,000.00 | - |
| 1868 | $6,848,780.49 | -4.88% |
| 1869 | $6,585,365.85 | -3.85% |
| 1870 | $6,321,951.22 | -4.00% |
| 1871 | $5,882,926.83 | -6.94% |
| 1872 | $5,882,926.83 | 0.00% |
| 1873 | $5,795,121.95 | -1.49% |
| 1874 | $5,531,707.32 | -4.55% |
| 1875 | $5,268,292.68 | -4.76% |
| 1876 | $5,180,487.80 | -1.67% |
| 1877 | $5,092,682.93 | -1.69% |
| 1878 | $4,829,268.29 | -5.17% |
| 1879 | $4,829,268.29 | 0.00% |
| 1880 | $5,004,878.05 | 3.64% |
| 1881 | $5,004,878.05 | 0.00% |
| 1882 | $5,004,878.05 | 0.00% |
| 1883 | $4,917,073.17 | -1.75% |
| 1884 | $4,741,463.41 | -3.57% |
| 1885 | $4,653,658.54 | -1.85% |
| 1886 | $4,565,853.66 | -1.89% |
| 1887 | $4,565,853.66 | 0.00% |
| 1888 | $4,565,853.66 | 0.00% |
| 1889 | $4,478,048.78 | -1.92% |
| 1890 | $4,390,243.90 | -1.96% |
| 1891 | $4,390,243.90 | 0.00% |
| 1892 | $4,390,243.90 | 0.00% |
| 1893 | $4,390,243.90 | 0.00% |
| 1894 | $4,126,829.27 | -6.00% |
| 1895 | $4,126,829.27 | 0.00% |
| 1896 | $4,126,829.27 | 0.00% |
| 1897 | $4,039,024.39 | -2.13% |
| 1898 | $4,039,024.39 | 0.00% |
| 1899 | $4,039,024.39 | 0.00% |
| 1900 | $4,126,829.27 | 2.17% |
| 1901 | $4,126,829.27 | 0.00% |
| 1902 | $4,126,829.27 | 0.00% |
| 1903 | $4,302,439.02 | 4.26% |
| 1904 | $4,302,439.02 | 0.00% |
| 1905 | $4,302,439.02 | 0.00% |
| 1906 | $4,390,243.90 | 2.04% |
| 1907 | $4,565,853.66 | 4.00% |
| 1908 | $4,478,048.78 | -1.92% |
| 1909 | $4,390,243.90 | -1.96% |
| 1910 | $4,565,853.66 | 4.00% |
| 1911 | $4,565,853.66 | 0.00% |
| 1912 | $4,653,658.54 | 1.92% |
| 1913 | $4,601,737.92 | -1.12% |
| 1914 | $4,648,220.12 | 1.01% |
| 1915 | $4,694,702.32 | 1.00% |
| 1916 | $5,066,559.93 | 7.92% |
| 1917 | $5,949,721.75 | 17.43% |
| 1918 | $7,018,812.38 | 17.97% |
| 1919 | $8,041,420.81 | 14.57% |
| 1920 | $9,296,440.24 | 15.61% |
| 1921 | $8,320,314.01 | -10.50% |
| 1922 | $7,809,009.80 | -6.15% |
| 1923 | $7,948,456.40 | 1.79% |
| 1924 | $7,948,456.40 | 0.00% |
| 1925 | $8,134,385.21 | 2.34% |
| 1926 | $8,227,349.61 | 1.14% |
| 1927 | $8,087,903.01 | -1.69% |
| 1928 | $7,948,456.40 | -1.72% |
| 1929 | $7,948,456.40 | 0.00% |
| 1930 | $7,762,527.60 | -2.34% |
| 1931 | $7,065,294.58 | -8.98% |
| 1932 | $6,368,061.56 | -9.87% |
| 1933 | $6,042,686.15 | -5.11% |
| 1934 | $6,228,614.96 | 3.08% |
| 1935 | $6,368,061.56 | 2.24% |
| 1936 | $6,461,025.97 | 1.46% |
| 1937 | $6,693,436.97 | 3.60% |
| 1938 | $6,553,990.37 | -2.08% |
| 1939 | $6,461,025.97 | -1.42% |
| 1940 | $6,507,508.17 | 0.72% |
| 1941 | $6,832,883.57 | 5.00% |
| 1942 | $7,576,598.79 | 10.88% |
| 1943 | $8,041,420.81 | 6.13% |
| 1944 | $8,180,867.41 | 1.73% |
| 1945 | $8,366,796.21 | 2.27% |
| 1946 | $9,064,029.23 | 8.33% |
| 1947 | $10,365,530.87 | 14.36% |
| 1948 | $11,202,210.49 | 8.07% |
| 1949 | $11,062,763.88 | -1.24% |
| 1950 | $11,202,210.49 | 1.26% |
| 1951 | $12,085,372.31 | 7.88% |
| 1952 | $12,317,783.32 | 1.92% |
| 1953 | $12,410,747.72 | 0.75% |
| 1954 | $12,503,712.12 | 0.75% |
| 1955 | $12,457,229.92 | -0.37% |
| 1956 | $12,643,158.72 | 1.49% |
| 1957 | $13,061,498.53 | 3.31% |
| 1958 | $13,433,356.14 | 2.85% |
| 1959 | $13,526,320.55 | 0.69% |
| 1960 | $13,758,731.55 | 1.72% |
| 1961 | $13,898,178.16 | 1.01% |
| 1962 | $14,037,624.76 | 1.00% |
| 1963 | $14,223,553.56 | 1.32% |
| 1964 | $14,409,482.37 | 1.31% |
| 1965 | $14,641,893.37 | 1.61% |
| 1966 | $15,060,233.19 | 2.86% |
| 1967 | $15,525,055.20 | 3.09% |
| 1968 | $16,175,806.01 | 4.19% |
| 1969 | $17,058,967.84 | 5.46% |
| 1970 | $18,035,094.06 | 5.72% |
| 1971 | $18,825,291.48 | 4.38% |
| 1972 | $19,429,560.10 | 3.21% |
| 1973 | $20,638,097.33 | 6.22% |
| 1974 | $22,915,725.19 | 11.04% |
| 1975 | $25,007,424.24 | 9.13% |
| 1976 | $26,448,372.48 | 5.76% |
| 1977 | $28,168,213.92 | 6.50% |
| 1978 | $30,306,395.18 | 7.59% |
| 1979 | $33,746,078.06 | 11.35% |
| 1980 | $38,301,333.78 | 13.50% |
| 1981 | $42,252,320.88 | 10.32% |
| 1982 | $44,855,324.15 | 6.16% |
| 1983 | $46,296,272.39 | 3.21% |
| 1984 | $48,295,007.04 | 4.32% |
| 1985 | $50,014,848.48 | 3.56% |
| 1986 | $50,944,492.50 | 1.86% |
| 1987 | $52,803,780.55 | 3.65% |
| 1988 | $54,988,444.01 | 4.14% |
| 1989 | $57,637,929.48 | 4.82% |
| 1990 | $60,752,236.96 | 5.40% |
| 1991 | $63,308,758.02 | 4.21% |
| 1992 | $65,214,528.27 | 3.01% |
| 1993 | $67,166,780.72 | 2.99% |
| 1994 | $68,886,622.16 | 2.56% |
| 1995 | $70,838,874.61 | 2.83% |
| 1996 | $72,930,573.67 | 2.95% |
| 1997 | $74,603,932.91 | 2.29% |
| 1998 | $75,765,987.94 | 1.56% |
| 1999 | $77,439,347.18 | 2.21% |
| 2000 | $80,042,350.45 | 3.36% |
| 2001 | $82,319,978.31 | 2.85% |
| 2002 | $83,621,479.94 | 1.58% |
| 2003 | $85,527,250.19 | 2.28% |
| 2004 | $87,804,878.05 | 2.66% |
| 2005 | $90,779,738.92 | 3.39% |
| 2006 | $93,708,117.60 | 3.23% |
| 2007 | $96,377,125.59 | 2.85% |
| 2008 | $100,077,573.63 | 3.84% |
| 2009 | $99,721,519.97 | -0.36% |
| 2010 | $101,357,228.63 | 1.64% |
| 2011 | $104,556,598.54 | 3.16% |
| 2012 | $106,720,345.00 | 2.07% |
| 2013 | $108,283,541.43 | 1.46% |
| 2014 | $110,040,103.81 | 1.62% |
| 2015 | $110,170,718.80 | 0.12%* |
News headlines from 1867
Politics and news often influence economic performance. Here's what was happening at the time:
- The House of Commons passes the British North America Act, which later serves as Canada's constitution.
- Joseph Lister, publishes an article in The Lancet, outlining the discovery of antiseptic surgery.
- Russia sells Alaska to the United States for total of $7,200,000, or 2 cents/acre.
- Karl Marx Publishes ‘Das Kapital’.
Inflation can vary widely by country. For comparison, in the UK £7,200,000.00 in 1867 would be equivalent to £727,128,712.87 in 2015, an absolute change of £719,928,712.87 and a cumulative change of 10,099.01%.
Compare these numbers to the US's absolute change of $102,970,718.80 and percent change of 1,430.15%.
Data Source & Citation
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: “$7,200,000 in 1867 → 2015 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 20 Jul. 2018, https://www.officialdata.org/1867-dollars-in-2015?amount=7200000.
in2013dollars.com is a reference website maintained by the Official Data Foundation.