$12 in 1885 → $293.40 in 2017

Inflation Calculator

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U.S. Inflation Rate, 1885-2017 ($12)

According to the Bureau of Labor Statistics, the dollar experienced an average inflation rate of 2.45% per year. Prices in 2017 are 2345.0% higher than prices in 1885.

In other words, $12 in the year 1885 is equivalent to $293.40 in 2017, a difference of $281.40 over 132 years.

The current inflation rate in 2017 is 1.99%1. If this number holds, $12 today will be equivalent to $12.24 next year.

Inflation from 1885 to 2017
Cumulative price change 2345.00%
Average inflation rate 2.45%
Price difference ($12 base) $281.40
CPI in 2017 244.786


U.S. inflation chart since 1665


Inflation rates for specific categories

Dental services · Medical care · Alcoholic beverages · More

Inflation-adjusted measures

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

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' (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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