$1 in 1730 → $0.91 in 1731

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$1 in 1730 → $0.91 in 1731

U.S. Inflation Rate, $1 in 1730 to 1731

According to the Bureau of Labor Statistics consumer price index, prices in 1731 are 8.7% lower than average prices throughout 1730. The dollar experienced an average deflation rate of -8.70% per year during this period, meaning the real value of a dollar increased.

In other words, $1 in 1730 is equivalent in purchasing power to about $0.91 in 1731.

The 1730 inflation rate was 0.00%. The inflation rate in 1731 was -8.70%. The 1731 inflation rate is lower compared to the average inflation rate of 1.44% per year between 1731 and 2019.


Inflation from 1730 to 1731
Average inflation rate -8.70%
Converted amount ($1 base) $0.91
Price difference ($1 base) $-0.09
CPI in 1730 4.600
CPI in 1731 4.200
Inflation in 1730 0.00%
Inflation in 1731 -8.70%

U.S. inflation chart since 1665


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 1730 and 1731.

Compare these values to the overall average of -8.70% per year:

Category Avg Inflation (%) Total Inflation (%) $1 in 1730 → 1731
Food and beverages 0.00 0.00 1.00
Housing 0.00 0.00 1.00
Apparel 0.00 0.00 1.00
Transportation 0.00 0.00 1.00
Medical care 0.00 0.00 1.00
Recreation 0.00 0.00 1.00
Education and communication 0.00 0.00 1.00
Other goods and services 0.00 0.00 1.00

For all these visualizations, it's important to note that not all categories may have been tracked since 1730. This table and charts use the earliest available data for each category.



How to Calculate Inflation Rate for $1, 1730 to 1731

This inflation calculator uses the following inflation rate formula:

CPI in 1731CPI in 1730
×
1730 USD value
=
1731 USD value

Then plug in historical CPI values. The U.S. CPI was 4.6 in the year 1730 and 4.2 in 1731:

4.24.6
×
$1
=
$0.91

$1 in 1730 has the same "purchasing power" or "buying power" as $0.91 in 1731.

To get the total inflation rate for the 1 years between 1730 and 1731, we use the following formula:

CPI in 1731 - CPI in 1730CPI in 1730
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

4.2 - 4.64.6
×
100
=
-9%

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: “$1 in 1730 → 1731 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 13 Dec. 2019, https://www.officialdata.org/1730-dollars-in-1731?amount=1.

Special thanks to QuickChart for providing downloadable chart images.

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


About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

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Inflation from 1730 to 1731
Average inflation rate -8.70%
Converted amount ($1 base) $0.91
Price difference ($1 base) $-0.09
CPI in 1730 4.600
CPI in 1731 4.200
Inflation in 1730 0.00%
Inflation in 1731 -8.70%