$12 in 1885 → $293.40 in 2017

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.


U.S. inflation chart since 1665


Inflation rates for specific categories

Gasoline (all types) · Milk · Educational books and supplies · See more

News headlines from 1885

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

  • King Leopold II of Belgium makes Congo his own personal, colonial possession.
  • Congo is given to Belgium whilst Nigeria is awarded to Great Britain during the Berlin Conference
  • Bismarck, German chancellor, conquers Cameron and Togoland
  • Louis Pasteur conducts the first successful test of an anti-rabies vaccine
  • Gottlieb Daimler invents the first motorcycle.

Inflation Data Source: The Bureau of Labor Statistics' annual (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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