$1 in 1650 is equivalent in purchasing power to about $1.30 in 1656, an increase of $0.30 over 6 years. The dollar had an average inflation rate of 4.45% per year between 1650 and 1656, producing a cumulative price increase of 29.82%.

This means that prices in 1656 are 1.30 times higher than average prices since 1650, according to the Bureau of Labor Statistics consumer price index.

The 1650 inflation rate was -46.73%. The inflation rate in 1656 was -1.33%. The 1656 inflation rate is lower compared to the average inflation rate of 0.99% per year between 1656 and 2021.

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Cumulative price change | 29.82% |

Average inflation rate | 4.45% |

Converted amount ($1 base) | $1.30 |

Price difference ($1 base) | $0.30 |

CPI in 1650 | 5.700 |

CPI in 1656 | 7.400 |

Inflation in 1650 | -46.73% |

Inflation in 1656 | -1.33% |

$1 in 1650 | $1.30 in 1656 |

This chart shows a calculation of buying power equivalence for $1 in 1650 (price index tracking began in 1635).

For example, if you started with $1, you would need to end with $1.30 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When $1 is equivalent to $1.30 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 1650 dollars, the chart below shows how $1 is worth less over 6 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:

This conversion table shows various other 1650 amounts in 1656 dollars, based on the 29.82% change in prices:

Initial value | Equivalent value |
---|---|

$1 dollar in 1650 | $1.30 dollars in 1656 |

$5 dollars in 1650 | $6.49 dollars in 1656 |

$10 dollars in 1650 | $12.98 dollars in 1656 |

$50 dollars in 1650 | $64.91 dollars in 1656 |

$100 dollars in 1650 | $129.82 dollars in 1656 |

$500 dollars in 1650 | $649.12 dollars in 1656 |

$1,000 dollars in 1650 | $1,298.25 dollars in 1656 |

$5,000 dollars in 1650 | $6,491.23 dollars in 1656 |

$10,000 dollars in 1650 | $12,982.46 dollars in 1656 |

$50,000 dollars in 1650 | $64,912.28 dollars in 1656 |

$100,000 dollars in 1650 | $129,824.56 dollars in 1656 |

$500,000 dollars in 1650 | $649,122.81 dollars in 1656 |

$1,000,000 dollars in 1650 | $1,298,245.61 dollars in 1656 |

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 1650 and 1656.

Compare these values to the overall average of 4.45% per year:

Category | Avg Inflation (%) | Total Inflation (%) | $1 in 1650 → 1656 |
---|---|---|---|

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 |

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 1650. 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 1650 and 1656:

CPI in 1656
CPI in 1650

×

1650 USD value

=

1656 USD value

Then plug in historical CPI values. The U.S. CPI was 5.7 in the year 1650 and 7.4 in 1656:

7.45.7

×

$1

=

$1 in 1650 has the same "purchasing power" or "buying power" as $1.30 in 1656.

To get the total inflation rate for the 6 years between 1650 and 1656, we use the following formula:

CPI in 1656 - CPI in 1650CPI in 1650

×

100

=

Plugging in the values to this equation, we get:

7.4 - 5.75.7

×

100

=

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: “$1 in 1650 → 1656 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 21 Sep. 2021, https://www.officialdata.org/us/inflation/1650?amount=1&endYear=1656.

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.

Cumulative price change | 29.82% |

Average inflation rate | 4.45% |

Converted amount ($1 base) | $1.30 |

Price difference ($1 base) | $0.30 |

CPI in 1650 | 5.700 |

CPI in 1656 | 7.400 |

Inflation in 1650 | -46.73% |

Inflation in 1656 | -1.33% |

$1 in 1650 | $1.30 in 1656 |