# \$100 in 1888 is worth \$2,580.21 in 2017

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👉 You may be interested in Inflation from 1888 to 2020

## Value of \$100 from 1888 to 2017

According to the Bureau of Labor Statistics consumer price index, prices in 2017 are 2,480.21% higher than average prices since 1888. The U.S. dollar experienced an average inflation rate of 2.55% per year during this period, causing the real value of a dollar to decrease.

In other words, \$100 in 1888 is equivalent in purchasing power to about \$2,580.21 in 2017, a difference of \$2,480.21 over 129 years.

The 1888 inflation rate was 0.00%. The inflation rate in 2017 was 2.13%. The 2017 inflation rate is higher compared to the average inflation rate of 1.51% per year between 2017 and 2020.

 Cumulative price change 2,480.21% Average inflation rate 2.55% Converted amount (\$100 base) \$2,580.21 Price difference (\$100 base) \$2,480.21 CPI in 1888 9.500 CPI in 2017 245.120 Inflation in 1888 0.00% Inflation in 2017 2.13%

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

## Buying power of \$100 in 1888

This chart shows a calculation of buying power equivalence for \$100 in 1888 (price index tracking began in 1635).

For example, if you started with \$100, you would need to end with \$2,580.21 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When \$100 is equivalent to \$2,580.21 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 1888 dollars, the chart below shows how \$100 is worth less over 129 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:

Dollar inflation: 1888-2017
Year Dollar Value Inflation Rate
1888 \$100.00 -
1889 \$96.84 -3.16%
1890 \$95.79 -1.09%
1891 \$95.79 0.00%
1892 \$95.79 0.00%
1893 \$94.74 -1.10%
1894 \$90.53 -4.44%
1895 \$88.42 -2.33%
1896 \$88.42 0.00%
1897 \$87.37 -1.19%
1898 \$87.37 0.00%
1899 \$87.37 0.00%
1900 \$88.42 1.20%
1901 \$89.47 1.19%
1902 \$90.53 1.18%
1903 \$92.63 2.33%
1904 \$93.68 1.14%
1905 \$92.63 -1.12%
1906 \$94.74 2.27%
1907 \$98.95 4.44%
1908 \$96.84 -2.13%
1909 \$95.79 -1.09%
1910 \$100.00 4.40%
1911 \$100.00 0.00%
1912 \$102.11 2.11%
1913 \$104.21 2.06%
1914 \$105.26 1.01%
1915 \$106.32 1.00%
1916 \$114.74 7.92%
1917 \$134.74 17.43%
1918 \$158.95 17.97%
1919 \$182.11 14.57%
1920 \$210.53 15.61%
1921 \$188.42 -10.50%
1922 \$176.84 -6.15%
1923 \$180.00 1.79%
1924 \$180.00 0.00%
1925 \$184.21 2.34%
1926 \$186.32 1.14%
1927 \$183.16 -1.69%
1928 \$180.00 -1.72%
1929 \$180.00 0.00%
1930 \$175.79 -2.34%
1931 \$160.00 -8.98%
1932 \$144.21 -9.87%
1933 \$136.84 -5.11%
1934 \$141.05 3.08%
1935 \$144.21 2.24%
1936 \$146.32 1.46%
1937 \$151.58 3.60%
1938 \$148.42 -2.08%
1939 \$146.32 -1.42%
1940 \$147.37 0.72%
1941 \$154.74 5.00%
1942 \$171.58 10.88%
1943 \$182.11 6.13%
1944 \$185.26 1.73%
1945 \$189.47 2.27%
1946 \$205.26 8.33%
1947 \$234.74 14.36%
1948 \$253.68 8.07%
1949 \$250.53 -1.24%
1950 \$253.68 1.26%
1951 \$273.68 7.88%
1952 \$278.95 1.92%
1953 \$281.05 0.75%
1954 \$283.16 0.75%
1955 \$282.11 -0.37%
1956 \$286.32 1.49%
1957 \$295.79 3.31%
1958 \$304.21 2.85%
1959 \$306.32 0.69%
1960 \$311.58 1.72%
1961 \$314.74 1.01%
1962 \$317.89 1.00%
1963 \$322.11 1.32%
1964 \$326.32 1.31%
1965 \$331.58 1.61%
1966 \$341.05 2.86%
1967 \$351.58 3.09%
1968 \$366.32 4.19%
1969 \$386.32 5.46%
1970 \$408.42 5.72%
1971 \$426.32 4.38%
1972 \$440.00 3.21%
1973 \$467.37 6.22%
1974 \$518.95 11.04%
1975 \$566.32 9.13%
1976 \$598.95 5.76%
1977 \$637.89 6.50%
1978 \$686.32 7.59%
1979 \$764.21 11.35%
1980 \$867.37 13.50%
1981 \$956.84 10.32%
1982 \$1,015.79 6.16%
1983 \$1,048.42 3.21%
1984 \$1,093.68 4.32%
1985 \$1,132.63 3.56%
1986 \$1,153.68 1.86%
1987 \$1,195.79 3.65%
1988 \$1,245.26 4.14%
1989 \$1,305.26 4.82%
1990 \$1,375.79 5.40%
1991 \$1,433.68 4.21%
1992 \$1,476.84 3.01%
1993 \$1,521.05 2.99%
1994 \$1,560.00 2.56%
1995 \$1,604.21 2.83%
1996 \$1,651.58 2.95%
1997 \$1,689.47 2.29%
1998 \$1,715.79 1.56%
1999 \$1,753.68 2.21%
2000 \$1,812.63 3.36%
2001 \$1,864.21 2.85%
2002 \$1,893.68 1.58%
2003 \$1,936.84 2.28%
2004 \$1,988.42 2.66%
2005 \$2,055.79 3.39%
2006 \$2,122.11 3.23%
2007 \$2,182.55 2.85%
2008 \$2,266.35 3.84%
2009 \$2,258.28 -0.36%
2010 \$2,295.33 1.64%
2011 \$2,367.78 3.16%
2012 \$2,416.78 2.07%
2013 \$2,452.18 1.46%
2014 \$2,491.96 1.62%
2015 \$2,494.92 0.12%
2016 \$2,526.39 1.26%
2017 \$2,580.21 2.13%
2018 \$2,644.53 2.49%
2019 \$2,691.13 1.76%
2020 \$2,698.83 0.29%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 123 more rows

This conversion table shows various other 1888 amounts in 2017 dollars, based on the 2,480.21% change in prices:

Conversion Table: Value of a dollar in 2017
Initial value Equivalent value
\$1 dollar in 1888 \$25.80 dollars in 2017
\$5 dollars in 1888 \$129.01 dollars in 2017
\$10 dollars in 1888 \$258.02 dollars in 2017
\$50 dollars in 1888 \$1,290.11 dollars in 2017
\$100 dollars in 1888 \$2,580.21 dollars in 2017
\$500 dollars in 1888 \$12,901.05 dollars in 2017
\$1,000 dollars in 1888 \$25,802.11 dollars in 2017
\$5,000 dollars in 1888 \$129,010.53 dollars in 2017
\$10,000 dollars in 1888 \$258,021.05 dollars in 2017
\$50,000 dollars in 1888 \$1,290,105.26 dollars in 2017
\$100,000 dollars in 1888 \$2,580,210.53 dollars in 2017
\$500,000 dollars in 1888 \$12,901,052.63 dollars in 2017
\$1,000,000 dollars in 1888 \$25,802,105.26 dollars in 2017

## Inflation by Country

Inflation can also vary widely by country. For comparison, in the UK £100.00 in 1888 would be equivalent to £12,355.17 in 2017, an absolute change of £12,255.17 and a cumulative change of 12,255.17%.

Compare these numbers to the US's overall absolute change of \$2,480.21 and total percent change of 2,480.21%.

## Inflation by Spending Category

CPI is the weighted combination of many categories of spending that are tracked by the government. Breaking down these categories helps explain the main drivers behind price changes. This chart shows the average rate of inflation for select CPI categories between 1888 and 2017.

Compare these values to the overall average of 2.55% per year:

Category Avg Inflation (%) Total Inflation (%) \$100 in 1888 → 2017
Food and beverages 4.01 15,842.19 15,942.19
Housing 4.29 22,392.59 22,492.59
Apparel 2.07 1,307.36 1,407.36
Transportation 3.29 6,393.70 6,493.70
Medical care 5.21 70,336.66 70,436.66
Recreation 1.11 317.34 417.34
Education and communication 1.97 1,131.04 1,231.04
Other goods and services 5.15 65,247.83 65,347.83

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 1888. This table and charts use the earliest available data for each category.

## How to Calculate Inflation Rate for \$100, 1888 to 2017

Our calculations use the following inflation rate formula to calculate the change in value between 1888 and 2017:

CPI in 2017 CPI in 1888
×
1888 USD value
=
2017 USD value

Then plug in historical CPI values. The U.S. CPI was 9.5 in the year 1888 and 245.12 in 2017:

245.129.5
×
\$100
=
\$2,580.21

\$100 in 1888 has the same "purchasing power" or "buying power" as \$2,580.21 in 2017.

To get the total inflation rate for the 129 years between 1888 and 2017, we use the following formula:

CPI in 2017 - CPI in 1888CPI in 1888
×
100
=
Cumulative inflation rate (129 years)

Plugging in the values to this equation, we get:

245.12 - 9.59.5
×
100
=
2,480%

## Comparison to S&P 500 Index

The average inflation rate of 2.55% has a compounding effect between 1888 and 2017. As noted above, this yearly inflation rate compounds to produce an overall price difference of 2,480.21% over 129 years.

To help put this inflation into perspective, if we had invested \$100 in the S&P 500 index in 1888, our investment would be nominally worth approximately \$11,561,617.23 in 2017. This is a return on investment of 11,561,517.23%, with an absolute return of \$11,561,517.23 on top of the original \$100.

These numbers are not inflation adjusted, so they are considered nominal. In order to evaluate the real return on our investment, we must calculate the return with inflation taken into account.

The compounding effect of inflation would account for 96.12% of returns (\$11,113,529.10) during this period. This means the inflation-adjusted real return of our \$100 investment is \$447,988.14. You may also want to account for capital gains tax, which would take your real return down to around \$380,790 for most people.

Investment in S&P 500 Index, 1888-2017
Original Amount Final Amount Change
Nominal \$100 \$11,561,617.23 11,561,517.23%
Real
\$100 \$448,088.14 447,988.14%

Information displayed above may differ slightly from other S&P 500 calculators. Minor discrepancies can occur because we use the latest CPI data for inflation, annualized inflation numbers for previous years, and we compute S&P price and dividends from January of 1888 to latest available data for 2017 using average monthly close price.

For more details on the S&P 500 between 1888 and 2017, see the stock market returns calculator.

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

• The National Geographic Society is founded in Washington.
• The Constantinople Convention is signed: it guarantees free maritime passage through the Suez Canal during war and peace.
• Handel's Israel in Egypt on wax cylinder becomes first known recording of classical music
• In a State Emigrant Hospital, New York, Edith Eleanor McLean becomes the first baby to be placed in an incubator
• Vincent van Gogh, Dutch painter, cuts off his ear and sends it to a prostitute for safe keeping

## 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: “1888 dollars in 2017 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 5 Jun. 2020, https://www.officialdata.org/1888-dollars-in-2017.