# U.S. inflation rate in 1681: 4.76%

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## Inflation in 1681 and its effect on dollar value

Purchasing power decreased by 4.76% in 1681 compared to 1680. On average, you would have to spend 4.76% more money in 1681 than in 1680 for the same item.

In other words, \$1 in 1680 is equivalent in purchasing power to about \$1.05 in 1681.

The 1680 inflation rate was 16.67%. The inflation rate in 1681 was 4.76%. The 1681 inflation rate is higher compared to the average inflation rate of 1.21% per year between 1681 and 2020.

Inflation rate is calculated by change in the consumer price index (CPI). The CPI in 1681 was 4.40. It was 4.20 in the previous year, 1680. The difference in CPI between the years is used by the Bureau of Labor Statistics to officially determine inflation.

 Average inflation rate 4.76% Converted amount (\$1 base) \$1.05 Price difference (\$1 base) \$0.05 CPI in 1680 4.200 CPI in 1681 4.400 Inflation in 1680 16.67% Inflation in 1681 4.76%

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

## 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 1680 and 1681.

Compare these values to the overall average of 4.76% per year:

Category Avg Inflation (%) Total Inflation (%) \$1 in 1680 → 1681
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 1680. This table and charts use the earliest available data for each category.

## How to Calculate Inflation Rate for \$1, 1680 to 1681

Our calculations use the following inflation rate formula to calculate the change in value between 1680 and 1681:

CPI in 1681 CPI in 1680
×
1680 USD value
=
1681 USD value

Then plug in historical CPI values. The U.S. CPI was 4.2 in the year 1680 and 4.4 in 1681:

4.44.2
×
\$1
=
\$1.05

\$1 in 1680 has the same "purchasing power" or "buying power" as \$1.05 in 1681.

To get the total inflation rate for the 1 years between 1680 and 1681, we use the following formula:

CPI in 1681 - CPI in 1680CPI in 1680
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

4.4 - 4.24.2
×
100
=
5%

## 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: “Inflation Rate in 1681 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 25 May. 2020, https://www.officialdata.org/inflation-rate-in-1681.