Inflation Calculator
U.S. Inflation Rate, 1875-2018 ($30,000)
According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 2.18% per year. Prices in 2018 are 2096.9% higher than prices in 1875.
In other words, $30,000 in the year 1875 is equivalent in purchasing power to $659,055.06 in 2018, a difference of $629,055.06 over 143 years.
The current inflation rate in 2018 is 1.72%1. If this number holds, $30,000 today will be equivalent to $30,515.35 next year.
| Cumulative price change | 2096.85% |
| Average inflation rate | 2.18% |
| Price difference ($30,000 base) | $629,055.06 |
| CPI in 2018 | 248.991 |
Inflation rates for specific categories
Baby food · Public transportation · Film and photographic supplies · MoreNews headlines from 1875
Politics and news often influence economic performance. Here's what was happening at the time:
- Verney Cameroon becomes the first European to reach Benguela in Angola.
- Alexander Graham Bell makes the first sound transmission.
- The Pacific Stock Exchange is opened for the first time.
Inflation Data Source
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: “$30,000 in 1875 → 2018 | Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 20 Apr. 2018, http://www.in2013dollars.com/1875-dollars?amount=30000.