$1 in 1760 → $1.04 in 1759

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$1 in 1760 → $1.04 in 1759

U.S. Inflation Rate, $1 in 1760 to 1759

According to the Bureau of Labor Statistics consumer price index, prices in 1759 are 3.95% higher than average prices throughout 1760. The dollar experienced an average deflation rate of -3.80% per year during this period, meaning the real value of a dollar increased.

In other words, $1 in 1760 is equivalent in purchasing power to about $1.04 in 1759.

The 1759 inflation rate was 17.91%. The inflation rate in 1760 was -3.80%. The 1760 inflation rate is lower compared to the average inflation rate of 1.37% per year between 1760 and 2019.


Inflation from 1760 to 1759
Average inflation rate -3.80%
Converted amount ($1 base) $1.04
Price difference ($1 base) $0.04
CPI in 1760 7.600
CPI in 1759 7.900
Inflation in 1759 17.91%
Inflation in 1760 -3.80%

U.S. inflation chart since 1665


Inflation by Country

Inflation can also vary widely by country. For comparison, in the UK £1.00 in 1760 would be equivalent to £1.04 in 1759, an absolute change of £0.04 and a cumulative change of 3.57%.

Compare these numbers to the US's overall absolute change of $0.04 and total percent change of 3.95%.


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 1760 and 1759.

Compare these values to the overall average of -3.80% per year:

Category Avg Inflation (%) Total Inflation (%) $1 in 1759 → 1760
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 1760. This table and charts use the earliest available data for each category.



How to Calculate Inflation Rate for $1, 1759 to 1760

This inflation calculator uses the following inflation rate formula:

CPI in 1759CPI in 1760
×
1760 USD value
=
1759 USD value

Then plug in historical CPI values. The U.S. CPI was 7.6 in the year 1760 and 7.9 in 1759:

7.97.6
×
$1
=
$1.04

$1 in 1760 has the same "purchasing power" or "buying power" as $1.04 in 1759.

To get the total inflation rate for the 1 years between 1759 and 1760, we use the following formula:

CPI in 1759 - CPI in 1760CPI in 1760
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

7.9 - 7.67.6
×
100
=
4%

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 1760 → 1759 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 11 Dec. 2019, https://www.officialdata.org/1760-dollars-in-1759?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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» Read more about inflation and investment.

Inflation from 1760 to 1759
Average inflation rate -3.80%
Converted amount ($1 base) $1.04
Price difference ($1 base) $0.04
CPI in 1760 7.600
CPI in 1759 7.900
Inflation in 1759 17.91%
Inflation in 1760 -3.80%