$1 in 1905 → $26.78 in 2018

Inflation Calculator


U.S. Inflation Rate, 1905-2018 ($1)

According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 2.95% per year. Prices in 2018 are 2578.0% higher than prices in 1905.

In other words, $1 in the year 1905 is equivalent in purchasing power to $26.78 in 2018, a difference of $25.78 over 113 years.

The current inflation rate in 2018 is 1.26%1. If this number holds, $1 today will be equivalent to $1.01 next year.

Inflation from 1905 to 2018
Cumulative price change 2578.00%
Average inflation rate 2.95%
Price difference ($1 base) $25.78
CPI in 2018 247.867

U.S. inflation chart since 1665

Inflation rates for specific categories

Bananas · Wine at home · Public transportation · More

Inflation-adjusted measures

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

News headlines from 1905

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

  • The Industrial Workers of the World is formed. It is an American anarcho-syndicalist union.
  • Bloody Sunday in Russia: troops fire and kill protesters, mostly workers, marching to the Winter Palace in order to hand a petition to the Tsar.
  • Potemkin's arrival at Odessa leads to sailors joining civilians in the '1905 Revolution’.

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: “$1 in 1905 → 2018 | Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 16 Feb. 2018, http://www.in2013dollars.com/1905-dollars?amount=1.

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