$1 in 1798 is equivalent in purchasing power to about $1 in 1799. The dollar had an average inflation rate of 0.00% per year between 1798 and 1799, producing a cumulative price increase of 0.00%. Purchasing power decreased by 0.00% in 1799 compared to 1798. On average, you would have to spend 0.00% more money in 1799 than in 1798 for the same item.

The 1798 inflation rate was -3.15%. The inflation rate in 1799 was 0.00%. The 1799 inflation rate is lower compared to the average inflation rate of 1.41% per year between 1799 and 2021.

Inflation rate is calculated by change in the consumer price index (CPI). The CPI in 1799 was 12.30. It was 12.30 in the previous year, 1798. The difference in CPI between the years is used by the Bureau of Labor Statistics to officially determine inflation.

Contents

⌃

Average inflation rate | 0.00% |

Converted amount ($1 base) | $1 |

Price difference ($1 base) | $0.00 |

CPI in 1798 | 12.300 |

CPI in 1799 | 12.300 |

Inflation in 1798 | -3.15% |

Inflation in 1799 | 0.00% |

$1 in 1798 | $1 in 1799 |

Inflation can also vary widely by country. For comparison, in the UK £1.00 in 1798 would be equivalent to £1.13 in 1799, an absolute change of £0.13 and a cumulative change of 12.50%.

Compare these numbers to the US's overall absolute change of $0.00 and total percent change of 0.00%.

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 1798 and 1799.

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

Category | Avg Inflation (%) | Total Inflation (%) | $1 in 1798 → 1799 |
---|---|---|---|

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 1798. This table and charts use the earliest available data for each category.

Our calculations use the following inflation rate formula to calculate the change in value between 1798 and 1799:

CPI in 1799
CPI in 1798

×

1798 USD value

=

1799 USD value

Then plug in historical CPI values. The U.S. CPI was 12.3 in the year 1798 and 12.3 in 1799:

12.312.3

×

$1

=

$1 in 1798 has the same "purchasing power" or "buying power" as $1 in 1799.

To get the total inflation rate for the 1 years between 1798 and 1799, we use the following formula:

CPI in 1799 - CPI in 1798CPI in 1798

×

100

=

Plugging in the values to this equation, we get:

12.3 - 12.312.3

×

100

=

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

- Congress passes the Prohibition of "false, scandalous and malicious" writing against government in the US Sedition Act.
- Rome is invaded, and subsequently proclaimed a Roman Republic by Louis Alexande Berthier. Pope Pius VI was taken prisoner during the invasion.
- The Republic of Switzerland is formed.

Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (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 1799 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 28 Sep. 2021, https://www.officialdata.org/inflation-rate-in-1799.

Special thanks to QuickChart for their chart image API, which is used for chart downloads.

in2013dollars.com is a reference website maintained by the Official Data Foundation.

Average inflation rate | 0.00% |

Converted amount ($1 base) | $1 |

Price difference ($1 base) | $0.00 |

CPI in 1798 | 12.300 |

CPI in 1799 | 12.300 |

Inflation in 1798 | -3.15% |

Inflation in 1799 | 0.00% |

$1 in 1798 | $1 in 1799 |