$0.50 in 1893 → $12.96 in 2017

Inflation Calculator

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U.S. Inflation Rate, 1893-2017 ($0.50)

According to the Bureau of Labor Statistics, the dollar experienced an average inflation rate of 2.66% per year. Prices in 2017 are 2492.0% higher than prices in 1893.

In other words, $0.50 in the year 1893 is equivalent to $12.96 in 2017, a difference of $12.46 over 124 years.

The current inflation rate in 2017 is 1.99%1. If this number holds, $0.50 today will be equivalent to $0.51 next year.

Inflation from 1893 to 2017
Cumulative price change 2492.00%
Average inflation rate 2.66%
Price difference ($0.50 base) $12.46
CPI in 2017 244.786


U.S. inflation chart since 1665


Inflation rates for specific categories

Baby food · Dental services · Women's apparel · More

Inflation-adjusted measures

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

News headlines from 1893

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

  • The first ever successful open heart surgery, without anaesthesia performed by Daniel Williams.
  • New Zealand becomes the first nation to grant women the right to vote .
  • The first national election where women were allowed to vote takes place at New Zealand's general election.

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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