The U.S. dollar experienced an average inflation rate of 2.45% per year between 1885 and 2017. $12 in the year 1885 is worth $293.40 in 2017, a 2345.0% increase in prices.
The current inflation rate in 2017 is 1.99%1.
Politics and news often play an important role in economic performance.
Inflation Data Source: The Bureau of Labor Statistics' annual 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.