According to the Bureau of Labor Statistics, the dollar experienced an average inflation rate of 2.73% per year. Prices in 2017 are 2657.1% higher than prices in 1894.
In other words, $135 in the year 1894 is equivalent to $3,722.12 in 2017, a difference of $3,587.12 over 123 years.
|Cumulative price change||2657.13%|
|Average inflation rate||2.73%|
|Price difference ($135 base)||$3,587.12|
|CPI in 2017||244.786|
Politics and news often play an important role in economic performance.
Inflation Data Source: The Bureau of Labor Statistics' 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.