# \$1 in 1890 → \$1.01 in 1889

## Inflation Calculator

\$

### U.S. Inflation Rate, \$1 from 1890 to 1889

According to the Bureau of Labor Statistics consumer price index, prices in 1889 are 1.10% higher than average prices since 1890. The U.S. dollar experienced an average deflation rate of -1.09% per year during this period, meaning the real value of a dollar increased.

In other words, \$1 in 1890 is equivalent in purchasing power to about \$1.01 in 1889.

The 1889 inflation rate was -3.16%. The inflation rate in 1890 was -1.09%. The 1890 inflation rate is lower compared to the average inflation rate of 2.61% per year between 1890 and 2020.

 Average inflation rate -1.09% Converted amount (\$1 base) \$1.01 Price difference (\$1 base) \$0.01 CPI in 1890 9.100 CPI in 1889 9.200 Inflation in 1889 -3.16% Inflation in 1890 -1.09%

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

### Inflation by Country

Inflation can also vary widely by country. For comparison, in the UK £1.00 in 1890 would be equivalent to £1.00 in 1889, an absolute change of £0.00 and a cumulative change of 0.00%.

Compare these numbers to the US's overall absolute change of \$0.01 and total percent change of 1.10%.

### 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 1890 and 1889.

Compare these values to the overall average of -1.09% per year:

Category Avg Inflation (%) Total Inflation (%) \$1 in 1889 → 1890
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 1890. This table and charts use the earliest available data for each category.

### How to Calculate Inflation Rate for \$1, 1889 to 1890

This inflation calculator uses the following inflation rate formula:

CPI in 1889CPI in 1890
×
1890 USD value
=
1889 USD value

Then plug in historical CPI values. The U.S. CPI was 9.1 in the year 1890 and 9.2 in 1889:

9.29.1
×
\$1
=
\$1.01

\$1 in 1890 has the same "purchasing power" or "buying power" as \$1.01 in 1889.

To get the total inflation rate for the 1 years between 1889 and 1890, we use the following formula:

CPI in 1889 - CPI in 1890CPI in 1890
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

9.2 - 9.19.1
×
100
=
1%

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

• Alice Sanger becomes the White House’s first female employee.
• The Forth Bridge (Scotland), becomes the longest bridge in Great Britain: it is officially opened by the Prince of Wales (King Edward VII).
• Wilhelm II, the German emperor, removes Chancellor Otto Von Bismarck.
• First electric chair execution is performed on murderer William Kemmler at Auburn Prison in New York.

### 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 1890 → 1889 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 28 Feb. 2020, https://www.officialdata.org/1890-dollars-in-1889?amount=1.