U.S. inflation rate in 1799: 0.00%

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Inflation in 1799 and Its Effect on Dollar Value

Purchasing power decreased by 0.00% in 1799 compared to the previous year, 1798. On average, you would have to spend 0.00% more money in 1799 than in 1798 for the same item.

In other words, $100 in 1798 is equivalent in purchasing power to $100 in 1799.

The 1798 inflation rate was -3.15%. The inflation rate in 1799 was 0.00%. The 1799 inflation rate is lower compared to the average inflation rate of 1.39% per year between 1799 and 2018.

Inflation rate is calculated by change in the consumer price index (CPI). The CPI in 1799 was 12.3. It was 12.3 in the previous year, 1798. The difference in CPI between the years is used by the Bureau of Labor Statistics to officially determine inflation.


Inflation from 1798 to 1799
Average inflation rate 0.00%
Converted amount ($100 base) $100
Price difference ($100 base) $0.00
CPI in 1798 12.3
CPI in 1799 12.3
Inflation in 1798 -3.15%
Inflation in 1799 0.00%


U.S. inflation chart since 1665


Inflation by Country

Inflation can also vary widely by country. For comparison, in the UK £100.00 in 1798 would be equivalent to £112.50 in 1799, an absolute change of £12.50 and a cumulative change of 12.50%.

Compare these numbers to the US's overall absolute change of $0.00 and total percent change of 0.00%.


Inflation by Spending Category

CPI is the weighted combination of many categories of spending that are tracked by the government. This chart shows the average rate of inflation for select CPI categories between 1798 and 1799.

Compare these values to the overall average of 0.00% per year:

Category Avg Inflation (%) Total Inflation (%) $100 in 1798 → 1799
Food 0.00 0.00 100.00
Shelter 0.00 0.00 100.00
Energy 0.00 0.00 100.00
Apparel 0.00 0.00 100.00
New vehicles 0.00 0.00 100.00
Used cars and trucks 0.00 0.00 100.00
Transportation services 0.00 0.00 100.00
Medical care services 0.00 0.00 100.00
Medical care commodities 0.00 0.00 100.00

It's important to note that not all categories may be tracked since 1798. This table and visualization use the earliest available data for each category.



How to Calculate Inflation Rate for $100, 1798 to 1799

This inflation calculator uses the following inflation rate formula:

CPI in 1799CPI in 1798
×
1798 USD value
=
1799 USD value

Then plug in historical CPI values. The U.S. CPI was 12.3 in the year 1798 and 12.3 in 1799:

12.312.3
×
$100
=
$100

$100 in 1798 has the same "purchasing power" or "buying power" as $100 in 1799.

To get the total inflation rate for the 1 years between 1798 and 1799, we use the following formula:

CPI in 1799 - CPI in 1798CPI in 1798
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

12.3 - 12.312.3
×
100
=
0%

News headlines from 1798

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

  • Congress passes the Prohibition of "false, scandalous and malicious" writing against government in the US Sedition Act.
  • Rome is invaded, and subsequently proclaimed a Roman Republic by Louis Alexande Berthier. Pope Pius VI was taken prisoner during the invasion.
  • The Republic of Switzerland is formed.

Data Source & Citation

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: “Inflation Rate in 1799 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 20 Oct. 2018, https://www.officialdata.org/inflation-rate-in-1799.

in2013dollars.com is a reference website maintained by the Official Data Foundation.


» Read more about inflation.