$3,000 in 1870 → $53,993.74 in 2017

Inflation Calculator

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U.S. Inflation Rate, 1870-2017 ($3,000)

According to the Bureau of Labor Statistics, the dollar experienced an average inflation rate of 1.99% per year. Prices in 2017 are 1699.8% higher than prices in 1870.

In other words, $3,000 in the year 1870 is equivalent to $53,993.74 in 2017, a difference of $50,993.74 over 147 years.

The current inflation rate in 2017 is 1.99%1. If this number holds, $3,000 today will be equivalent to $3,059.74 next year.

Inflation from 1870 to 2017
Cumulative price change 1699.79%
Average inflation rate 1.99%
Price difference ($3,000 base) $50,993.74
CPI in 2017 244.786


U.S. inflation chart since 1665


Inflation rates for specific categories

Fresh fruits · Women's apparel · Milk · More

Inflation-adjusted measures

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

News headlines from 1870

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

  • New York begins building the Brooklyn Bridge (the bridge is completed in 1883).
  • Austria inaugurates Wiener Musikverein, also known as the Great Hall, in Vienna.
  • The Carson City mint, in Nevada, starts issuing coins.

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.


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