\$1 in 1654 is worth \$1.04 in 1654

\$

Value of \$1 from 1655 to 1654

According to the Bureau of Labor Statistics consumer price index, prices in 1654 are 4.00% higher than average prices since 1655. The U.S. dollar experienced an average deflation rate of -3.85% per year during this period, causing the real value of a dollar to increase.

In other words, \$1 in 1655 is equivalent in purchasing power to about \$1.04 in 1654.

The 1654 inflation rate was 0.00%. The inflation rate in 1655 was -3.85%. The 1655 inflation rate is lower compared to the average inflation rate of 0.97% per year between 1655 and 2020.

 Average inflation rate -3.85% Converted amount (\$1 base) \$1.04 Price difference (\$1 base) \$0.04 CPI in 1655 7.500 CPI in 1654 7.800 Inflation in 1654 0.00% Inflation in 1655 -3.85%

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 1655 and 1654.

Compare these values to the overall average of -3.85% per year:

Category Avg Inflation (%) Total Inflation (%) \$1 in 1654 → 1655
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 1655. This table and charts use the earliest available data for each category.

How to Calculate Inflation Rate for \$1, 1654 to 1655

Our calculations use the following inflation rate formula to calculate the change in value between 1654 and 1655:

CPI in 1654 CPI in 1655
×
1655 USD value
=
1654 USD value

Then plug in historical CPI values. The U.S. CPI was 7.5 in the year 1655 and 7.8 in 1654:

7.87.5
×
\$1
=
\$1.04

\$1 in 1655 has the same "purchasing power" or "buying power" as \$1.04 in 1654.

To get the total inflation rate for the 1 years between 1654 and 1655, we use the following formula:

CPI in 1654 - CPI in 1655CPI in 1655
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

7.8 - 7.57.5
×
100
=
4%

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 1655 → 1654 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 31 May. 2020, https://www.officialdata.org/us/inflation/1655?amount=1&endYear=1654.

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 -3.85% Converted amount (\$1 base) \$1.04 Price difference (\$1 base) \$0.04 CPI in 1655 7.500 CPI in 1654 7.800 Inflation in 1654 0.00% Inflation in 1655 -3.85%