$1 in 1795 → $0.87 in 1794

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$1 in 1795 → $0.87 in 1794

U.S. Inflation Rate, $1 in 1795 to 1794

According to the Bureau of Labor Statistics consumer price index, prices in 1794 are 12.7% lower than average prices throughout 1795. The dollar experienced an average inflation rate of 14.55% per year during this period, meaning the real value of a dollar decreased.

In other words, $1 in 1795 is equivalent in purchasing power to about $0.87 in 1794.

The 1794 inflation rate was 11.11%. The inflation rate in 1795 was 14.55%. The 1795 inflation rate is higher compared to the average inflation rate of 1.36% per year between 1795 and 2019.


Inflation from 1795 to 1794
Average inflation rate 14.55%
Converted amount ($1 base) $0.87
Price difference ($1 base) $-0.13
CPI in 1795 12.600
CPI in 1794 11.000
Inflation in 1794 11.11%
Inflation in 1795 14.55%

U.S. inflation chart since 1665


Inflation by Country

Inflation can also vary widely by country. For comparison, in the UK £1.00 in 1795 would be equivalent to £0.90 in 1794, an absolute change of £-0.10 and a cumulative change of -9.57%.

Compare these numbers to the US's overall absolute change of $-0.13 and total percent change of -12.70%.


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 1795 and 1794.

Compare these values to the overall average of 14.55% per year:

Category Avg Inflation (%) Total Inflation (%) $1 in 1794 → 1795
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 1795. This table and charts use the earliest available data for each category.



How to Calculate Inflation Rate for $1, 1794 to 1795

This inflation calculator uses the following inflation rate formula:

CPI in 1794CPI in 1795
×
1795 USD value
=
1794 USD value

Then plug in historical CPI values. The U.S. CPI was 12.6 in the year 1795 and 11 in 1794:

1112.6
×
$1
=
$0.87

$1 in 1795 has the same "purchasing power" or "buying power" as $0.87 in 1794.

To get the total inflation rate for the 1 years between 1794 and 1795, we use the following formula:

CPI in 1794 - CPI in 1795CPI in 1795
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

11 - 12.612.6
×
100
=
-13%

News headlines from 1794

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

  • The British capture Cape town.
  • The United States establishes its southern border after signing the Pinckney's Treaty between Spain and US. This treaty also gave America the right to navigate the Mississippi River
  • End of oligarchy in Amsterdam after a democratic revolution.

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 1795 → 1794 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 6 Dec. 2019, https://www.officialdata.org/1795-dollars-in-1794?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 1795 to 1794
Average inflation rate 14.55%
Converted amount ($1 base) $0.87
Price difference ($1 base) $-0.13
CPI in 1795 12.600
CPI in 1794 11.000
Inflation in 1794 11.11%
Inflation in 1795 14.55%