# U.S. inflation rate in 1687: 0.00%

\$

## Inflation in 1687 and its effect on dollar value

Purchasing power decreased by 0.00% in 1687 compared to 1686. On average, you would have to spend 0.00% more money in 1687 than in 1686 for the same item.

In other words, \$1 in 1686 is equivalent in purchasing power to about \$1 in 1687.

The 1686 inflation rate was -7.32%. The inflation rate in 1687 was 0.00%. The 1687 inflation rate is lower compared to the average inflation rate of 1.27% per year between 1687 and 2020.

Inflation rate is calculated by change in the consumer price index (CPI). The CPI in 1687 was 3.80. It was 3.80 in the previous year, 1686. The difference in CPI between the years is used by the Bureau of Labor Statistics to officially determine inflation.

 Average inflation rate 0.00% Converted amount (\$1 base) \$1 Price difference (\$1 base) \$0.00 CPI in 1686 3.800 CPI in 1687 3.800 Inflation in 1686 -7.32% Inflation in 1687 0.00%

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 1686 and 1687.

Compare these values to the overall average of 0.00% per year:

Category Avg Inflation (%) Total Inflation (%) \$1 in 1686 → 1687
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 1686. This table and charts use the earliest available data for each category.

## How to Calculate Inflation Rate for \$1, 1686 to 1687

Our calculations use the following inflation rate formula to calculate the change in value between 1686 and 1687:

CPI in 1687 CPI in 1686
×
1686 USD value
=
1687 USD value

Then plug in historical CPI values. The U.S. CPI was 3.8 in the year 1686 and 3.8 in 1687:

3.83.8
×
\$1
=
\$1

\$1 in 1686 has the same "purchasing power" or "buying power" as \$1 in 1687.

To get the total inflation rate for the 1 years between 1686 and 1687, we use the following formula:

CPI in 1687 - CPI in 1686CPI in 1686
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

3.8 - 3.83.8
×
100
=
0%

## 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 1687 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 25 May. 2020, https://www.officialdata.org/inflation-rate-in-1687.

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.

 Average inflation rate 0.00% Converted amount (\$1 base) \$1 Price difference (\$1 base) \$0.00 CPI in 1686 3.800 CPI in 1687 3.800 Inflation in 1686 -7.32% Inflation in 1687 0.00%