# \$800 in 1861 → \$21,521.45 in 2014

## Inflation Calculator

\$

### U.S. Inflation Rate, \$800 from 1861 to 2014

According to the Bureau of Labor Statistics consumer price index, prices in 2014 are 2,590.18% higher than average prices since 1861. The U.S. dollar experienced an average inflation rate of 2.18% per year during this period, meaning the real value of a dollar decreased.

In other words, \$800 in 1861 is equivalent in purchasing power to about \$21,521.45 in 2014, a difference of \$20,721.45 over 153 years.

The 1861 inflation rate was 6.02%. The inflation rate in 2014 was 1.62%. The 2014 inflation rate is higher compared to the average inflation rate of 1.44% per year between 2014 and 2020.

 Cumulative price change 2,590.18% Average inflation rate 2.18% Converted amount (\$800 base) \$21,521.45 Price difference (\$800 base) \$20,721.45 CPI in 1861 8.800 CPI in 2014 236.736 Inflation in 1861 6.02% Inflation in 2014 1.62%

USD Inflation since 1635
Annual Rate, the Bureau of Labor Statistics CPI

### Buying power of \$800 in 1861

This chart shows a calculation of buying power equivalence for \$800 in 1861 (price index tracking began in 1635).

For example, if you started with \$800, you would need to end with \$21,521.45 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When \$800 is equivalent to \$21,521.45 over time, that means that the "real value" of a single U.S. dollar decreases over time. In other words, a dollar will pay for fewer items at the store.

This effect explains how inflation erodes the value of a dollar over time. By calculating the value in 1861 dollars, the chart below shows how \$800 buys less over the past 153 years.

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:

Year Dollar Value Inflation Rate
1861 \$800.00 6.02%
1862 \$918.18 14.77%
1863 \$1,145.45 24.75%
1864 \$1,427.27 24.60%
1865 \$1,481.82 3.82%
1866 \$1,445.45 -2.45%
1867 \$1,345.45 -6.92%
1868 \$1,290.91 -4.05%
1869 \$1,236.36 -4.23%
1870 \$1,190.91 -3.68%
1871 \$1,109.09 -6.87%
1872 \$1,109.09 0.00%
1873 \$1,090.91 -1.64%
1874 \$1,036.36 -5.00%
1875 \$1,000.00 -3.51%
1876 \$972.73 -2.73%
1877 \$954.55 -1.87%
1878 \$909.09 -4.76%
1879 \$909.09 0.00%
1880 \$927.27 2.00%
1881 \$927.27 0.00%
1882 \$927.27 0.00%
1883 \$918.18 -0.98%
1884 \$890.91 -2.97%
1885 \$881.82 -1.02%
1886 \$854.55 -3.09%
1887 \$863.64 1.06%
1888 \$863.64 0.00%
1889 \$836.36 -3.16%
1890 \$827.27 -1.09%
1891 \$827.27 0.00%
1892 \$827.27 0.00%
1893 \$818.18 -1.10%
1894 \$781.82 -4.44%
1895 \$763.64 -2.33%
1896 \$763.64 0.00%
1897 \$754.55 -1.19%
1898 \$754.55 0.00%
1899 \$754.55 0.00%
1900 \$763.64 1.20%
1901 \$772.73 1.19%
1902 \$781.82 1.18%
1903 \$800.00 2.33%
1904 \$809.09 1.14%
1905 \$800.00 -1.12%
1906 \$818.18 2.27%
1907 \$854.55 4.44%
1908 \$836.36 -2.13%
1909 \$827.27 -1.09%
1910 \$863.64 4.40%
1911 \$863.64 0.00%
1912 \$881.82 2.11%
1913 \$900.00 2.06%
1914 \$909.09 1.01%
1915 \$918.18 1.00%
1916 \$990.91 7.92%
1917 \$1,163.64 17.43%
1918 \$1,372.73 17.97%
1919 \$1,572.73 14.57%
1920 \$1,818.18 15.61%
1921 \$1,627.27 -10.50%
1922 \$1,527.27 -6.15%
1923 \$1,554.55 1.79%
1924 \$1,554.55 0.00%
1925 \$1,590.91 2.34%
1926 \$1,609.09 1.14%
1927 \$1,581.82 -1.69%
1928 \$1,554.55 -1.72%
1929 \$1,554.55 0.00%
1930 \$1,518.18 -2.34%
1931 \$1,381.82 -8.98%
1932 \$1,245.45 -9.87%
1933 \$1,181.82 -5.11%
1934 \$1,218.18 3.08%
1935 \$1,245.45 2.24%
1936 \$1,263.64 1.46%
1937 \$1,309.09 3.60%
1938 \$1,281.82 -2.08%
1939 \$1,263.64 -1.42%
1940 \$1,272.73 0.72%
1941 \$1,336.36 5.00%
1942 \$1,481.82 10.88%
1943 \$1,572.73 6.13%
1944 \$1,600.00 1.73%
1945 \$1,636.36 2.27%
1946 \$1,772.73 8.33%
1947 \$2,027.27 14.36%
1948 \$2,190.91 8.07%
1949 \$2,163.64 -1.24%
1950 \$2,190.91 1.26%
1951 \$2,363.64 7.88%
1952 \$2,409.09 1.92%
1953 \$2,427.27 0.75%
1954 \$2,445.45 0.75%
1955 \$2,436.36 -0.37%
1956 \$2,472.73 1.49%
1957 \$2,554.55 3.31%
1958 \$2,627.27 2.85%
1959 \$2,645.45 0.69%
1960 \$2,690.91 1.72%
1961 \$2,718.18 1.01%
1962 \$2,745.45 1.00%
1963 \$2,781.82 1.32%
1964 \$2,818.18 1.31%
1965 \$2,863.64 1.61%
1966 \$2,945.45 2.86%
1967 \$3,036.36 3.09%
1968 \$3,163.64 4.19%
1969 \$3,336.36 5.46%
1970 \$3,527.27 5.72%
1971 \$3,681.82 4.38%
1972 \$3,800.00 3.21%
1973 \$4,036.36 6.22%
1974 \$4,481.82 11.04%
1975 \$4,890.91 9.13%
1976 \$5,172.73 5.76%
1977 \$5,509.09 6.50%
1978 \$5,927.27 7.59%
1979 \$6,600.00 11.35%
1980 \$7,490.91 13.50%
1981 \$8,263.64 10.32%
1982 \$8,772.73 6.16%
1983 \$9,054.55 3.21%
1984 \$9,445.45 4.32%
1985 \$9,781.82 3.56%
1986 \$9,963.64 1.86%
1987 \$10,327.27 3.65%
1988 \$10,754.55 4.14%
1989 \$11,272.73 4.82%
1990 \$11,881.82 5.40%
1991 \$12,381.82 4.21%
1992 \$12,754.55 3.01%
1993 \$13,136.36 2.99%
1994 \$13,472.73 2.56%
1995 \$13,854.55 2.83%
1996 \$14,263.64 2.95%
1997 \$14,590.91 2.29%
1998 \$14,818.18 1.56%
1999 \$15,145.45 2.21%
2000 \$15,654.55 3.36%
2001 \$16,100.00 2.85%
2002 \$16,354.55 1.58%
2003 \$16,727.27 2.28%
2004 \$17,172.73 2.66%
2005 \$17,754.55 3.39%
2006 \$18,327.27 3.23%
2007 \$18,849.27 2.85%
2008 \$19,573.00 3.84%
2009 \$19,503.36 -0.36%
2010 \$19,823.27 1.64%
2011 \$20,449.00 3.16%
2012 \$20,872.18 2.07%
2013 \$21,177.91 1.46%
2014 \$21,521.45 1.62%
2015 \$21,547.00 0.12%
2016 \$21,818.82 1.26%
2017 \$22,283.64 2.13%
2018 \$22,839.09 2.49%
2019 \$23,241.59 1.76%
2020 \$23,451.91 0.90%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 147 more rows

### Inflation by Country

Inflation can also vary widely by country. For comparison, in the UK £800.00 in 1861 would be equivalent to £85,052.63 in 2014, an absolute change of £84,252.63 and a cumulative change of 10,531.58%.

Compare these numbers to the US's overall absolute change of \$20,721.45 and total percent change of 2,590.18%.

### 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 1861 and 2014.

Compare these values to the overall average of 2.18% per year:

Category Avg Inflation (%) Total Inflation (%) \$800 in 1861 → 2014
Food and beverages 4.20 54,422.54 436,180.33
Housing 4.40 72,757.86 582,862.87
Apparel 2.15 2,484.67 20,677.39
Transportation 3.51 19,365.86 155,726.86
Medical care 5.32 276,363.64 2,211,709.14
Recreation 1.15 476.91 4,615.28
Education and communication 2.28 3,070.80 25,366.42
Other goods and services 5.36 294,847.06 2,359,576.49

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 1861. This table and charts use the earliest available data for each category.

### How to Calculate Inflation Rate for \$800, 1861 to 2014

This inflation calculator uses the following inflation rate formula:

CPI in 2014CPI in 1861
×
1861 USD value
=
2014 USD value

Then plug in historical CPI values. The U.S. CPI was 8.8 in the year 1861 and 236.736 in 2014:

236.7368.8
×
\$800
=
\$21,521.45

\$800 in 1861 has the same "purchasing power" or "buying power" as \$21,521.45 in 2014.

To get the total inflation rate for the 153 years between 1861 and 2014, we use the following formula:

CPI in 2014 - CPI in 1861CPI in 1861
×
100
=
Cumulative inflation rate (153 years)

Plugging in the values to this equation, we get:

236.736 - 8.88.8
×
100
=
2,590%

### News headlines from 1861

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

• The first King of Italy is crowned, named King Victor Emmanuel II of Sardinia.
• Serfdom is abolished by Russian Tsar Alexander II.
• Abraham Lincoln is inaugurated as the 16th President of the United States.
• Italy is unified under King Victor Emmanuel II.

### 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: “\$800 in 1861 → 2014 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 17 Feb. 2020, https://www.officialdata.org/1861-dollars-in-2014?amount=800.

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.

 Cumulative price change 2,590.18% Average inflation rate 2.18% Converted amount (\$800 base) \$21,521.45 Price difference (\$800 base) \$20,721.45 CPI in 1861 8.800 CPI in 2014 236.736 Inflation in 1861 6.02% Inflation in 2014 1.62%