$1 in 1745 is worth $1.13 in 1743

Value of $1 from 1745 to 1743

$1 in 1745 is equivalent in purchasing power to about $1.13 in 1743, a difference of $0.13 over 2 years. The dollar had an average deflation rate of -5.95% per year since 1743, producing a cumulative price change of 13.04%.

This means that prices in 1743 are 1.13 times higher than average prices since 1745, according to the Bureau of Labor Statistics consumer price index.

The 1743 inflation rate was -10.34%. The inflation rate in 1745 was -4.17%. The 1745 inflation rate is lower compared to the average inflation rate of 1.47% per year between 1745 and 2021.


Inflation from 1745 to 1743
Cumulative price change 13.04%
Average inflation rate -5.95%
Converted amount ($1 base) $1.13
Price difference ($1 base) $0.13
CPI in 1745 4.600
CPI in 1743 5.200
Inflation in 1743 -10.34%
Inflation in 1745 -4.17%
$1 in 1745 $1.13 in 1743

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

Buying power of $1 in 1743

This chart shows a calculation of buying power equivalence for $1 in 1743 (price index tracking began in 1635).

For example, if you started with $1, you would need to end with $1.13 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

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:

Dollar inflation: 1743-1745
Year Dollar Value Inflation Rate
1743 $1.00 -10.34%
1744 $0.92 -7.69%
1745 $0.88 -4.17%
1746 $0.92 4.35%
1747 $1.02 10.42%
1748 $1.21 18.87%
1749 $1.23 1.59%
1750 $1.23 0.00%
1751 $1.23 0.00%
1752 $1.27 3.12%
1753 $1.23 -3.03%
1754 $1.17 -4.69%
1755 $1.15 -1.64%
1756 $1.12 -3.33%
1757 $1.19 6.90%
1758 $1.29 8.06%
1759 $1.52 17.91%
1760 $1.46 -3.80%
1761 $1.33 -9.21%
1762 $1.44 8.70%
1763 $1.44 0.00%
1764 $1.35 -6.67%
1765 $1.38 2.86%
1766 $1.48 6.94%
1767 $1.46 -1.30%
1768 $1.38 -5.26%
1769 $1.46 5.56%
1770 $1.58 7.89%
1771 $1.50 -4.88%
1772 $1.75 16.67%
1773 $1.65 -5.49%
1774 $1.56 -5.81%
1775 $1.48 -4.94%
1776 $1.67 12.99%
1777 $2.04 21.84%
1778 $2.65 30.19%
1779 $2.35 -11.59%
1780 $2.63 12.30%
1781 $2.13 -18.98%
1782 $2.33 9.01%
1783 $2.04 -12.40%
1784 $1.96 -3.77%
1785 $1.87 -4.90%
1786 $1.83 -2.06%
1787 $1.79 -2.11%
1788 $1.71 -4.30%
1789 $1.69 -1.12%
1790 $1.77 4.55%
1791 $1.81 2.17%
1792 $1.85 2.13%
1793 $1.90 3.13%
1794 $2.12 11.11%
1795 $2.42 14.55%
1796 $2.54 4.76%
1797 $2.44 -3.79%
1798 $2.37 -3.15%
1799 $2.37 0.00%
1800 $2.42 2.44%
1801 $2.44 0.79%
1802 $2.06 -15.75%
1803 $2.17 5.61%
1804 $2.27 4.42%
1805 $2.25 -0.85%
1806 $2.35 4.27%
1807 $2.23 -4.92%
1808 $2.42 8.62%
1809 $2.37 -2.38%
1810 $2.37 0.00%
1811 $2.52 6.50%
1812 $2.56 1.53%
1813 $3.08 20.30%
1814 $3.38 10.00%
1815 $2.96 -12.50%
1816 $2.71 -8.44%
1817 $2.56 -5.67%
1818 $2.44 -4.51%
1819 $2.44 0.00%
1820 $2.25 -7.87%
1821 $2.17 -3.42%
1822 $2.25 3.54%
1823 $2.02 -10.26%
1824 $1.87 -7.62%
1825 $1.90 2.06%
1826 $1.90 0.00%
1827 $1.92 1.01%
1828 $1.83 -5.00%
1829 $1.79 -2.11%
1830 $1.77 -1.08%
1831 $1.67 -5.43%
1832 $1.65 -1.15%
1833 $1.62 -2.33%
1834 $1.65 2.38%
1835 $1.69 2.33%
1836 $1.79 5.68%
1837 $1.85 3.23%
1838 $1.79 -3.12%
1839 $1.79 0.00%
1840 $1.67 -6.45%
1841 $1.67 0.00%
1842 $1.58 -5.75%
1843 $1.42 -9.76%
1844 $1.44 1.35%
1845 $1.46 1.33%
1846 $1.48 1.32%
1847 $1.58 6.49%
1848 $1.52 -3.66%
1849 $1.48 -2.53%
1850 $1.50 1.30%
1851 $1.48 -1.28%
1852 $1.48 0.00%
1853 $1.48 0.00%
1854 $1.62 9.09%
1855 $1.67 3.57%
1856 $1.63 -2.30%
1857 $1.67 2.35%
1858 $1.58 -5.75%
1859 $1.60 1.22%
1860 $1.60 0.00%
1861 $1.69 6.02%
1862 $1.94 14.77%
1863 $2.42 24.75%
1864 $3.02 24.60%
1865 $3.13 3.82%
1866 $3.06 -2.45%
1867 $2.85 -6.92%
1868 $2.73 -4.05%
1869 $2.62 -4.23%
1870 $2.52 -3.68%
1871 $2.35 -6.87%
1872 $2.35 0.00%
1873 $2.31 -1.64%
1874 $2.19 -5.00%
1875 $2.12 -3.51%
1876 $2.06 -2.73%
1877 $2.02 -1.87%
1878 $1.92 -4.76%
1879 $1.92 0.00%
1880 $1.96 2.00%
1881 $1.96 0.00%
1882 $1.96 0.00%
1883 $1.94 -0.98%
1884 $1.88 -2.97%
1885 $1.87 -1.02%
1886 $1.81 -3.09%
1887 $1.83 1.06%
1888 $1.83 0.00%
1889 $1.77 -3.16%
1890 $1.75 -1.09%
1891 $1.75 0.00%
1892 $1.75 0.00%
1893 $1.73 -1.10%
1894 $1.65 -4.44%
1895 $1.62 -2.33%
1896 $1.62 0.00%
1897 $1.60 -1.19%
1898 $1.60 0.00%
1899 $1.60 0.00%
1900 $1.62 1.20%
1901 $1.63 1.19%
1902 $1.65 1.18%
1903 $1.69 2.33%
1904 $1.71 1.14%
1905 $1.69 -1.12%
1906 $1.73 2.27%
1907 $1.81 4.44%
1908 $1.77 -2.13%
1909 $1.75 -1.09%
1910 $1.83 4.40%
1911 $1.83 0.00%
1912 $1.87 2.11%
1913 $1.90 2.06%
1914 $1.92 1.01%
1915 $1.94 1.00%
1916 $2.10 7.92%
1917 $2.46 17.43%
1918 $2.90 17.97%
1919 $3.33 14.57%
1920 $3.85 15.61%
1921 $3.44 -10.50%
1922 $3.23 -6.15%
1923 $3.29 1.79%
1924 $3.29 0.00%
1925 $3.37 2.34%
1926 $3.40 1.14%
1927 $3.35 -1.69%
1928 $3.29 -1.72%
1929 $3.29 0.00%
1930 $3.21 -2.34%
1931 $2.92 -8.98%
1932 $2.63 -9.87%
1933 $2.50 -5.11%
1934 $2.58 3.08%
1935 $2.63 2.24%
1936 $2.67 1.46%
1937 $2.77 3.60%
1938 $2.71 -2.08%
1939 $2.67 -1.42%
1940 $2.69 0.72%
1941 $2.83 5.00%
1942 $3.13 10.88%
1943 $3.33 6.13%
1944 $3.38 1.73%
1945 $3.46 2.27%
1946 $3.75 8.33%
1947 $4.29 14.36%
1948 $4.63 8.07%
1949 $4.58 -1.24%
1950 $4.63 1.26%
1951 $5.00 7.88%
1952 $5.10 1.92%
1953 $5.13 0.75%
1954 $5.17 0.75%
1955 $5.15 -0.37%
1956 $5.23 1.49%
1957 $5.40 3.31%
1958 $5.56 2.85%
1959 $5.60 0.69%
1960 $5.69 1.72%
1961 $5.75 1.01%
1962 $5.81 1.00%
1963 $5.88 1.32%
1964 $5.96 1.31%
1965 $6.06 1.61%
1966 $6.23 2.86%
1967 $6.42 3.09%
1968 $6.69 4.19%
1969 $7.06 5.46%
1970 $7.46 5.72%
1971 $7.79 4.38%
1972 $8.04 3.21%
1973 $8.54 6.22%
1974 $9.48 11.04%
1975 $10.35 9.13%
1976 $10.94 5.76%
1977 $11.65 6.50%
1978 $12.54 7.59%
1979 $13.96 11.35%
1980 $15.85 13.50%
1981 $17.48 10.32%
1982 $18.56 6.16%
1983 $19.15 3.21%
1984 $19.98 4.32%
1985 $20.69 3.56%
1986 $21.08 1.86%
1987 $21.85 3.65%
1988 $22.75 4.14%
1989 $23.85 4.82%
1990 $25.13 5.40%
1991 $26.19 4.21%
1992 $26.98 3.01%
1993 $27.79 2.99%
1994 $28.50 2.56%
1995 $29.31 2.83%
1996 $30.17 2.95%
1997 $30.87 2.29%
1998 $31.35 1.56%
1999 $32.04 2.21%
2000 $33.12 3.36%
2001 $34.06 2.85%
2002 $34.60 1.58%
2003 $35.38 2.28%
2004 $36.33 2.66%
2005 $37.56 3.39%
2006 $38.77 3.23%
2007 $39.87 2.85%
2008 $41.40 3.84%
2009 $41.26 -0.36%
2010 $41.93 1.64%
2011 $43.26 3.16%
2012 $44.15 2.07%
2013 $44.80 1.46%
2014 $45.53 1.62%
2015 $45.58 0.12%
2016 $46.16 1.26%
2017 $47.14 2.13%
2018 $48.31 2.49%
2019 $49.16 1.76%
2020 $49.77 1.23%
2021 $50.30 1.07%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

This conversion table shows various other 1743 amounts in 1745 dollars, based on the 13.04% change in prices:

Conversion: 1743 dollars in 1745
Initial value Equivalent value
$1 dollar in 1743 $0.88 dollars in 1745
$5 dollars in 1743 $4.42 dollars in 1745
$10 dollars in 1743 $8.85 dollars in 1745
$50 dollars in 1743 $44.23 dollars in 1745
$100 dollars in 1743 $88.46 dollars in 1745
$500 dollars in 1743 $442.31 dollars in 1745
$1,000 dollars in 1743 $884.62 dollars in 1745
$5,000 dollars in 1743 $4,423.08 dollars in 1745
$10,000 dollars in 1743 $8,846.15 dollars in 1745
$50,000 dollars in 1743 $44,230.77 dollars in 1745
$100,000 dollars in 1743 $88,461.54 dollars in 1745
$500,000 dollars in 1743 $442,307.69 dollars in 1745
$1,000,000 dollars in 1743 $884,615.38 dollars in 1745

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 1745 and 1743.

Compare these values to the overall average of -5.95% per year:

Category Avg Inflation (%) Total Inflation (%) $1 in 1743 → 1745
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 1745. This table and charts use the earliest available data for each category.



How to Calculate Inflation Rate for $1, 1743 to 1745

Our calculations use the following inflation rate formula to calculate the change in value between 1743 and 1745:

CPI in 1743 CPI in 1745
×
1745 USD value
=
1743 USD value

Then plug in historical CPI values. The U.S. CPI was 4.6 in the year 1745 and 5.2 in 1743:

5.24.6
×
$1
=
$1.13

$1 in 1745 has the same "purchasing power" or "buying power" as $1.13 in 1743.

To get the total inflation rate for the 2 years between 1743 and 1745, we use the following formula:

CPI in 1743 - CPI in 1745CPI in 1745
×
100
=
Cumulative inflation rate (2 years)

Plugging in the values to this equation, we get:

5.2 - 4.64.6
×
100
=
13%

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 1745 → 1743 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 3 Mar. 2021, https://www.officialdata.org/us/inflation/1745?amount=1&endYear=1743.

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.


Ian Webster

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.

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» Read more about inflation and investment.

Inflation from 1745 to 1743
Cumulative price change 13.04%
Average inflation rate -5.95%
Converted amount ($1 base) $1.13
Price difference ($1 base) $0.13
CPI in 1745 4.600
CPI in 1743 5.200
Inflation in 1743 -10.34%
Inflation in 1745 -4.17%
$1 in 1745 $1.13 in 1743