Inflation Calculator
U.S. Inflation Rate, $1 in 1830 to 1827
According to the Bureau of Labor Statistics consumer price index, prices in 1827 are 8.70% higher than average prices throughout 1830. The dollar experienced an average deflation rate of -2.74% per year during this period, meaning the real value of a dollar increased.
In other words, $1 in 1830 is equivalent in purchasing power to about $1.09 in 1827, a difference of $0.09 over 3 years.
The 1827 inflation rate was 1.01%. The inflation rate in 1830 was -1.08%. The 1830 inflation rate is lower compared to the average inflation rate of 1.78% per year between 1830 and 2019.
Contents
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| Cumulative price change | 8.70% |
| Average inflation rate | -2.74% |
| Converted amount ($1 base) | $1.09 |
| Price difference ($1 base) | $0.09 |
| CPI in 1830 | 9.200 |
| CPI in 1827 | 10.000 |
| Inflation in 1827 | 1.01% |
| Inflation in 1830 | -1.08% |
Buying power of $1 in 1827
This chart shows calculation of buying power equivalence, often referred to as "the value of a dollar" over time for $1 in 1827 (price index tracking began in 1635).
According to the Bureau of Labor Statistics, each of these USD amounts below is equal in terms of what it could buy at the time:
Inflation by Country
Inflation can also vary widely by country. For comparison, in the UK £1.00 in 1830 would be equivalent to £1.08 in 1827, an absolute change of £0.08 and a cumulative change of 8.08%.
Compare these numbers to the US's overall absolute change of $0.09 and total percent change of 8.70%.
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 1830 and 1827.
Compare these values to the overall average of -2.74% per year:
| Category | Avg Inflation (%) | Total Inflation (%) | $1 in 1827 → 1830 |
|---|---|---|---|
| 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 |
The graph below compares inflation in categories of goods over time. Click on a category such as "Food" to toggle it on or off:
For all these visualizations, it's important to note that not all categories may have been tracked since 1830. This table and charts use the earliest available data for each category.
How to Calculate Inflation Rate for $1, 1827 to 1830
This inflation calculator uses the following inflation rate formula:
CPI in 1827CPI in 1830
×
1830 USD value
=
1827 USD value
Then plug in historical CPI values. The U.S. CPI was 9.2 in the year 1830 and 10 in 1827:
109.2
×
$1
=
$1.09
$1 in 1830 has the same "purchasing power" or "buying power" as $1.09 in 1827.
To get the total inflation rate for the 3 years between 1827 and 1830, we use the following formula:
CPI in 1827 - CPI in 1830CPI in 1830
×
100
=
Cumulative inflation rate (3 years)
Plugging in the values to this equation, we get:
10 - 9.29.2
×
100
=
9%
News headlines from 1827
Politics and news often influence economic performance. Here's what was happening at the time:
- The Republic of Ecuador is founded.,Juan Jose Flores is its first president.
- U.S. Congress authorizes the mass removal of native Indians from the eastern states to the western prairie.
- France begins colonization in Algeria.
- The US Railroad opens its first station in Baltimore
Data Source & Citation
Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (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 1830 → 1827 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 13 Dec. 2019, https://www.officialdata.org/1830-dollars-in-1827?amount=1.
Special thanks to QuickChart for providing downloadable chart images.
in2013dollars.com is a reference website maintained by the Official Data Foundation.
| Cumulative price change | 8.70% |
| Average inflation rate | -2.74% |
| Converted amount ($1 base) | $1.09 |
| Price difference ($1 base) | $0.09 |
| CPI in 1830 | 9.200 |
| CPI in 1827 | 10.000 |
| Inflation in 1827 | 1.01% |
| Inflation in 1830 | -1.08% |