$0.50 in 1893 → $12.96 in 2017

Inflation Calculator


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

According to the Bureau of Labor Statistics consumer price index, 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 in purchasing power to $12.96 in 2017, a difference of $12.46 over 124 years.

The inflation rate in 2017 was 1.99%.

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 · Bread · Fish and seafood · More

Inflation-adjusted measures

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

News headlines from 1893

Politics and news often influence economic performance. Here's what was happening at the time:

  • 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

Raw data for these calculations comes from 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.

You may use the following MLA citation for this page: “$0.50 in 1893 → 2017 | Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 21 Feb. 2018, http://www.in2013dollars.com/1893-dollars-in-2017?amount=0.50.

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