$1,000 in 1880 → $22,734.20 in 2017

Inflation Calculator

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U.S. Inflation Rate, 1880-2017 ($1,000)

According to the Bureau of Labor Statistics, the dollar experienced an average inflation rate of 2.31% per year. Prices in 2017 are 2173.4% higher than prices in 1880.

In other words, $1,000 in the year 1880 is equivalent to $22,734.20 in 2017, a difference of $21,734.20 over 137 years.

The current inflation rate in 2017 is 1.99%1. If this number holds, $1,000 today will be equivalent to $1,019.91 next year.

Inflation from 1880 to 2017
Cumulative price change 2173.42%
Average inflation rate 2.31%
Price difference ($1,000 base) $21,734.20
CPI in 2017 244.786


U.S. inflation chart since 1665


Inflation rates for specific categories

Hospital services · Educational books and supplies · Rent of primary residence · More

Inflation-adjusted measures

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

News headlines from 1880

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

  • Construction begins on the Panama Canal.
  • The United States constructs its first dedicated sewage system in Memphis, Tennessee.
  • The Salvation Army is formed in London.

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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