\$1 in 1740 → \$0.97 in 1736

Inflation Calculator

\$

U.S. Inflation Rate, \$1 from 1740 to 1736

According to the Bureau of Labor Statistics consumer price index, prices in 1736 are 2.56% lower than average prices since 1740. The U.S. dollar experienced an average inflation rate of 0.65% per year during this period, meaning the real value of a dollar decreased.

In other words, \$1 in 1740 is equivalent in purchasing power to about \$0.97 in 1736, a difference of \$-0.03 over 4 years.

The 1736 inflation rate was -5.00%. The inflation rate in 1740 was 5.41%. The 1740 inflation rate is higher compared to the average inflation rate of 1.51% per year between 1740 and 2020.

 Cumulative price change -2.56% Average inflation rate 0.65% Converted amount (\$1 base) \$0.97 Price difference (\$1 base) \$-0.03 CPI in 1740 3.900 CPI in 1736 3.800 Inflation in 1736 -5.00% Inflation in 1740 5.41%

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

Buying power of \$1 in 1736

This chart shows a calculation of buying power equivalence for \$1 in 1736 (price index tracking began in 1635).

For example, if you started with \$1, you would need to end with \$0.97 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When \$1 is equivalent to \$0.97 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 1736 dollars, the chart below shows how \$1 buys less over the past 4 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:

Year Dollar Value Inflation Rate
1736 \$1.00 -5.00%
1737 \$1.05 5.26%
1738 \$1.08 2.50%
1739 \$0.97 -9.76%
1740 \$1.03 5.41%
1741 \$1.71 66.67%
1742 \$1.53 -10.77%
1743 \$1.37 -10.34%
1744 \$1.26 -7.69%
1745 \$1.21 -4.17%
1746 \$1.26 4.35%
1747 \$1.39 10.42%
1748 \$1.66 18.87%
1749 \$1.68 1.59%
1750 \$1.68 0.00%
1751 \$1.68 0.00%
1752 \$1.74 3.12%
1753 \$1.68 -3.03%
1754 \$1.61 -4.69%
1755 \$1.58 -1.64%
1756 \$1.53 -3.33%
1757 \$1.63 6.90%
1758 \$1.76 8.06%
1759 \$2.08 17.91%
1760 \$2.00 -3.80%
1761 \$1.82 -9.21%
1762 \$1.97 8.70%
1763 \$1.97 0.00%
1764 \$1.84 -6.67%
1765 \$1.89 2.86%
1766 \$2.03 6.94%
1767 \$2.00 -1.30%
1768 \$1.89 -5.26%
1769 \$2.00 5.56%
1770 \$2.16 7.89%
1771 \$2.05 -4.88%
1772 \$2.39 16.67%
1773 \$2.26 -5.49%
1774 \$2.13 -5.81%
1775 \$2.03 -4.94%
1776 \$2.29 12.99%
1777 \$2.79 21.84%
1778 \$3.63 30.19%
1779 \$3.21 -11.59%
1780 \$3.61 12.30%
1781 \$2.92 -18.98%
1782 \$3.18 9.01%
1783 \$2.79 -12.40%
1784 \$2.68 -3.77%
1785 \$2.55 -4.90%
1786 \$2.50 -2.06%
1787 \$2.45 -2.11%
1788 \$2.34 -4.30%
1789 \$2.32 -1.12%
1790 \$2.42 4.55%
1791 \$2.47 2.17%
1792 \$2.53 2.13%
1793 \$2.61 3.13%
1794 \$2.89 11.11%
1795 \$3.32 14.55%
1796 \$3.47 4.76%
1797 \$3.34 -3.79%
1798 \$3.24 -3.15%
1799 \$3.24 0.00%
1800 \$3.32 2.44%
1801 \$3.34 0.79%
1802 \$2.82 -15.75%
1803 \$2.97 5.61%
1804 \$3.11 4.42%
1805 \$3.08 -0.85%
1806 \$3.21 4.27%
1807 \$3.05 -4.92%
1808 \$3.32 8.62%
1809 \$3.24 -2.38%
1810 \$3.24 0.00%
1811 \$3.45 6.50%
1812 \$3.50 1.53%
1813 \$4.21 20.30%
1814 \$4.63 10.00%
1815 \$4.05 -12.50%
1816 \$3.71 -8.44%
1817 \$3.50 -5.67%
1818 \$3.34 -4.51%
1819 \$3.34 0.00%
1820 \$3.08 -7.87%
1821 \$2.97 -3.42%
1822 \$3.08 3.54%
1823 \$2.76 -10.26%
1824 \$2.55 -7.62%
1825 \$2.61 2.06%
1826 \$2.61 0.00%
1827 \$2.63 1.01%
1828 \$2.50 -5.00%
1829 \$2.45 -2.11%
1830 \$2.42 -1.08%
1831 \$2.29 -5.43%
1832 \$2.26 -1.15%
1833 \$2.21 -2.33%
1834 \$2.26 2.38%
1835 \$2.32 2.33%
1836 \$2.45 5.68%
1837 \$2.53 3.23%
1838 \$2.45 -3.12%
1839 \$2.45 0.00%
1840 \$2.29 -6.45%
1841 \$2.29 0.00%
1842 \$2.16 -5.75%
1843 \$1.95 -9.76%
1844 \$1.97 1.35%
1845 \$2.00 1.33%
1846 \$2.03 1.32%
1847 \$2.16 6.49%
1848 \$2.08 -3.66%
1849 \$2.03 -2.53%
1850 \$2.05 1.30%
1851 \$2.03 -1.28%
1852 \$2.03 0.00%
1853 \$2.03 0.00%
1854 \$2.21 9.09%
1855 \$2.29 3.57%
1856 \$2.24 -2.30%
1857 \$2.29 2.35%
1858 \$2.16 -5.75%
1859 \$2.18 1.22%
1860 \$2.18 0.00%
1861 \$2.32 6.02%
1862 \$2.66 14.77%
1863 \$3.32 24.75%
1864 \$4.13 24.60%
1865 \$4.29 3.82%
1866 \$4.18 -2.45%
1867 \$3.89 -6.92%
1868 \$3.74 -4.05%
1869 \$3.58 -4.23%
1870 \$3.45 -3.68%
1871 \$3.21 -6.87%
1872 \$3.21 0.00%
1873 \$3.16 -1.64%
1874 \$3.00 -5.00%
1875 \$2.89 -3.51%
1876 \$2.82 -2.73%
1877 \$2.76 -1.87%
1878 \$2.63 -4.76%
1879 \$2.63 0.00%
1880 \$2.68 2.00%
1881 \$2.68 0.00%
1882 \$2.68 0.00%
1883 \$2.66 -0.98%
1884 \$2.58 -2.97%
1885 \$2.55 -1.02%
1886 \$2.47 -3.09%
1887 \$2.50 1.06%
1888 \$2.50 0.00%
1889 \$2.42 -3.16%
1890 \$2.39 -1.09%
1891 \$2.39 0.00%
1892 \$2.39 0.00%
1893 \$2.37 -1.10%
1894 \$2.26 -4.44%
1895 \$2.21 -2.33%
1896 \$2.21 0.00%
1897 \$2.18 -1.19%
1898 \$2.18 0.00%
1899 \$2.18 0.00%
1900 \$2.21 1.20%
1901 \$2.24 1.19%
1902 \$2.26 1.18%
1903 \$2.32 2.33%
1904 \$2.34 1.14%
1905 \$2.32 -1.12%
1906 \$2.37 2.27%
1907 \$2.47 4.44%
1908 \$2.42 -2.13%
1909 \$2.39 -1.09%
1910 \$2.50 4.40%
1911 \$2.50 0.00%
1912 \$2.55 2.11%
1913 \$2.61 2.06%
1914 \$2.63 1.01%
1915 \$2.66 1.00%
1916 \$2.87 7.92%
1917 \$3.37 17.43%
1918 \$3.97 17.97%
1919 \$4.55 14.57%
1920 \$5.26 15.61%
1921 \$4.71 -10.50%
1922 \$4.42 -6.15%
1923 \$4.50 1.79%
1924 \$4.50 0.00%
1925 \$4.61 2.34%
1926 \$4.66 1.14%
1927 \$4.58 -1.69%
1928 \$4.50 -1.72%
1929 \$4.50 0.00%
1930 \$4.39 -2.34%
1931 \$4.00 -8.98%
1932 \$3.61 -9.87%
1933 \$3.42 -5.11%
1934 \$3.53 3.08%
1935 \$3.61 2.24%
1936 \$3.66 1.46%
1937 \$3.79 3.60%
1938 \$3.71 -2.08%
1939 \$3.66 -1.42%
1940 \$3.68 0.72%
1941 \$3.87 5.00%
1942 \$4.29 10.88%
1943 \$4.55 6.13%
1944 \$4.63 1.73%
1945 \$4.74 2.27%
1946 \$5.13 8.33%
1947 \$5.87 14.36%
1948 \$6.34 8.07%
1949 \$6.26 -1.24%
1950 \$6.34 1.26%
1951 \$6.84 7.88%
1952 \$6.97 1.92%
1953 \$7.03 0.75%
1954 \$7.08 0.75%
1955 \$7.05 -0.37%
1956 \$7.16 1.49%
1957 \$7.39 3.31%
1958 \$7.61 2.85%
1959 \$7.66 0.69%
1960 \$7.79 1.72%
1961 \$7.87 1.01%
1962 \$7.95 1.00%
1963 \$8.05 1.32%
1964 \$8.16 1.31%
1965 \$8.29 1.61%
1966 \$8.53 2.86%
1967 \$8.79 3.09%
1968 \$9.16 4.19%
1969 \$9.66 5.46%
1970 \$10.21 5.72%
1971 \$10.66 4.38%
1972 \$11.00 3.21%
1973 \$11.68 6.22%
1974 \$12.97 11.04%
1975 \$14.16 9.13%
1976 \$14.97 5.76%
1977 \$15.95 6.50%
1978 \$17.16 7.59%
1979 \$19.11 11.35%
1980 \$21.68 13.50%
1981 \$23.92 10.32%
1982 \$25.39 6.16%
1983 \$26.21 3.21%
1984 \$27.34 4.32%
1985 \$28.32 3.56%
1986 \$28.84 1.86%
1987 \$29.89 3.65%
1988 \$31.13 4.14%
1989 \$32.63 4.82%
1990 \$34.39 5.40%
1991 \$35.84 4.21%
1992 \$36.92 3.01%
1993 \$38.03 2.99%
1994 \$39.00 2.56%
1995 \$40.11 2.83%
1996 \$41.29 2.95%
1997 \$42.24 2.29%
1998 \$42.89 1.56%
1999 \$43.84 2.21%
2000 \$45.32 3.36%
2001 \$46.61 2.85%
2002 \$47.34 1.58%
2003 \$48.42 2.28%
2004 \$49.71 2.66%
2005 \$51.39 3.39%
2006 \$53.05 3.23%
2007 \$54.56 2.85%
2008 \$56.66 3.84%
2009 \$56.46 -0.36%
2010 \$57.38 1.64%
2011 \$59.19 3.16%
2012 \$60.42 2.07%
2013 \$61.30 1.46%
2014 \$62.30 1.62%
2015 \$62.37 0.12%
2016 \$63.16 1.26%
2017 \$64.51 2.13%
2018 \$66.11 2.49%
2019 \$67.28 1.76%
2020 \$67.89 0.90%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

Inflation by Spending Category

CPI is the weighted combination of many categories of spending that are tracked by the government. This chart shows the average rate of inflation for select CPI categories between 1740 and 1736.

Compare these values to the overall average of 0.65% per year:

Category Avg Inflation (%) Total Inflation (%) \$1 in 1736 → 1740
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 1740. This table and charts use the earliest available data for each category.

How to Calculate Inflation Rate for \$1, 1736 to 1740

This inflation calculator uses the following inflation rate formula:

CPI in 1736CPI in 1740
×
1740 USD value
=
1736 USD value

Then plug in historical CPI values. The U.S. CPI was 3.9 in the year 1740 and 3.8 in 1736:

3.83.9
×
\$1
=
\$0.97

\$1 in 1740 has the same "purchasing power" or "buying power" as \$0.97 in 1736.

To get the total inflation rate for the 4 years between 1736 and 1740, we use the following formula:

CPI in 1736 - CPI in 1740CPI in 1740
×
100
=
Cumulative inflation rate (4 years)

Plugging in the values to this equation, we get:

3.8 - 3.93.9
×
100
=
-3%

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 1740 → 1736 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 19 Feb. 2020, https://www.officialdata.org/us/inflation/1740?amount=1&endYear=1736.

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.

 Cumulative price change -2.56% Average inflation rate 0.65% Converted amount (\$1 base) \$0.97 Price difference (\$1 base) \$-0.03 CPI in 1740 3.900 CPI in 1736 3.800 Inflation in 1736 -5.00% Inflation in 1740 5.41%