$1 in 1775 is worth $1.38 in 1777

Value of $1 from 1775 to 1777

According to the Bureau of Labor Statistics consumer price index, prices in 1777 are 37.66% higher than average prices since 1775. The U.S. dollar experienced an average inflation rate of 17.33% per year during this period, causing the real value of a dollar to decrease.

In other words, $1 in 1775 is equivalent in purchasing power to about $1.38 in 1777, a difference of $0.38 over 2 years.

The 1775 inflation rate was -4.94%. The inflation rate in 1777 was 21.84%. The 1777 inflation rate is higher compared to the average inflation rate of 1.33% per year between 1777 and 2020.


Inflation from 1775 to 1777
Cumulative price change 37.66%
Average inflation rate 17.33%
Converted amount ($1 base) $1.38
Price difference ($1 base) $0.38
CPI in 1775 7.700
CPI in 1777 10.600
Inflation in 1775 -4.94%
Inflation in 1777 21.84%

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

Buying power of $1 in 1775

This chart shows a calculation of buying power equivalence for $1 in 1775 (price index tracking began in 1635).

For example, if you started with $1, you would need to end with $1.38 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When $1 is equivalent to $1.38 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 1775 dollars, the chart below shows how $1 is worth less over 2 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:

Dollar inflation: 1775-1777
Year Dollar Value Inflation Rate
1775 $1.00 -4.94%
1776 $1.13 12.99%
1777 $1.38 21.84%
1778 $1.79 30.19%
1779 $1.58 -11.59%
1780 $1.78 12.30%
1781 $1.44 -18.98%
1782 $1.57 9.01%
1783 $1.38 -12.40%
1784 $1.32 -3.77%
1785 $1.26 -4.90%
1786 $1.23 -2.06%
1787 $1.21 -2.11%
1788 $1.16 -4.30%
1789 $1.14 -1.12%
1790 $1.19 4.55%
1791 $1.22 2.17%
1792 $1.25 2.13%
1793 $1.29 3.13%
1794 $1.43 11.11%
1795 $1.64 14.55%
1796 $1.71 4.76%
1797 $1.65 -3.79%
1798 $1.60 -3.15%
1799 $1.60 0.00%
1800 $1.64 2.44%
1801 $1.65 0.79%
1802 $1.39 -15.75%
1803 $1.47 5.61%
1804 $1.53 4.42%
1805 $1.52 -0.85%
1806 $1.58 4.27%
1807 $1.51 -4.92%
1808 $1.64 8.62%
1809 $1.60 -2.38%
1810 $1.60 0.00%
1811 $1.70 6.50%
1812 $1.73 1.53%
1813 $2.08 20.30%
1814 $2.29 10.00%
1815 $2.00 -12.50%
1816 $1.83 -8.44%
1817 $1.73 -5.67%
1818 $1.65 -4.51%
1819 $1.65 0.00%
1820 $1.52 -7.87%
1821 $1.47 -3.42%
1822 $1.52 3.54%
1823 $1.36 -10.26%
1824 $1.26 -7.62%
1825 $1.29 2.06%
1826 $1.29 0.00%
1827 $1.30 1.01%
1828 $1.23 -5.00%
1829 $1.21 -2.11%
1830 $1.19 -1.08%
1831 $1.13 -5.43%
1832 $1.12 -1.15%
1833 $1.09 -2.33%
1834 $1.12 2.38%
1835 $1.14 2.33%
1836 $1.21 5.68%
1837 $1.25 3.23%
1838 $1.21 -3.12%
1839 $1.21 0.00%
1840 $1.13 -6.45%
1841 $1.13 0.00%
1842 $1.06 -5.75%
1843 $0.96 -9.76%
1844 $0.97 1.35%
1845 $0.99 1.33%
1846 $1.00 1.32%
1847 $1.06 6.49%
1848 $1.03 -3.66%
1849 $1.00 -2.53%
1850 $1.01 1.30%
1851 $1.00 -1.28%
1852 $1.00 0.00%
1853 $1.00 0.00%
1854 $1.09 9.09%
1855 $1.13 3.57%
1856 $1.10 -2.30%
1857 $1.13 2.35%
1858 $1.06 -5.75%
1859 $1.08 1.22%
1860 $1.08 0.00%
1861 $1.14 6.02%
1862 $1.31 14.77%
1863 $1.64 24.75%
1864 $2.04 24.60%
1865 $2.12 3.82%
1866 $2.06 -2.45%
1867 $1.92 -6.92%
1868 $1.84 -4.05%
1869 $1.77 -4.23%
1870 $1.70 -3.68%
1871 $1.58 -6.87%
1872 $1.58 0.00%
1873 $1.56 -1.64%
1874 $1.48 -5.00%
1875 $1.43 -3.51%
1876 $1.39 -2.73%
1877 $1.36 -1.87%
1878 $1.30 -4.76%
1879 $1.30 0.00%
1880 $1.32 2.00%
1881 $1.32 0.00%
1882 $1.32 0.00%
1883 $1.31 -0.98%
1884 $1.27 -2.97%
1885 $1.26 -1.02%
1886 $1.22 -3.09%
1887 $1.23 1.06%
1888 $1.23 0.00%
1889 $1.19 -3.16%
1890 $1.18 -1.09%
1891 $1.18 0.00%
1892 $1.18 0.00%
1893 $1.17 -1.10%
1894 $1.12 -4.44%
1895 $1.09 -2.33%
1896 $1.09 0.00%
1897 $1.08 -1.19%
1898 $1.08 0.00%
1899 $1.08 0.00%
1900 $1.09 1.20%
1901 $1.10 1.19%
1902 $1.12 1.18%
1903 $1.14 2.33%
1904 $1.16 1.14%
1905 $1.14 -1.12%
1906 $1.17 2.27%
1907 $1.22 4.44%
1908 $1.19 -2.13%
1909 $1.18 -1.09%
1910 $1.23 4.40%
1911 $1.23 0.00%
1912 $1.26 2.11%
1913 $1.29 2.06%
1914 $1.30 1.01%
1915 $1.31 1.00%
1916 $1.42 7.92%
1917 $1.66 17.43%
1918 $1.96 17.97%
1919 $2.25 14.57%
1920 $2.60 15.61%
1921 $2.32 -10.50%
1922 $2.18 -6.15%
1923 $2.22 1.79%
1924 $2.22 0.00%
1925 $2.27 2.34%
1926 $2.30 1.14%
1927 $2.26 -1.69%
1928 $2.22 -1.72%
1929 $2.22 0.00%
1930 $2.17 -2.34%
1931 $1.97 -8.98%
1932 $1.78 -9.87%
1933 $1.69 -5.11%
1934 $1.74 3.08%
1935 $1.78 2.24%
1936 $1.81 1.46%
1937 $1.87 3.60%
1938 $1.83 -2.08%
1939 $1.81 -1.42%
1940 $1.82 0.72%
1941 $1.91 5.00%
1942 $2.12 10.88%
1943 $2.25 6.13%
1944 $2.29 1.73%
1945 $2.34 2.27%
1946 $2.53 8.33%
1947 $2.90 14.36%
1948 $3.13 8.07%
1949 $3.09 -1.24%
1950 $3.13 1.26%
1951 $3.38 7.88%
1952 $3.44 1.92%
1953 $3.47 0.75%
1954 $3.49 0.75%
1955 $3.48 -0.37%
1956 $3.53 1.49%
1957 $3.65 3.31%
1958 $3.75 2.85%
1959 $3.78 0.69%
1960 $3.84 1.72%
1961 $3.88 1.01%
1962 $3.92 1.00%
1963 $3.97 1.32%
1964 $4.03 1.31%
1965 $4.09 1.61%
1966 $4.21 2.86%
1967 $4.34 3.09%
1968 $4.52 4.19%
1969 $4.77 5.46%
1970 $5.04 5.72%
1971 $5.26 4.38%
1972 $5.43 3.21%
1973 $5.77 6.22%
1974 $6.40 11.04%
1975 $6.99 9.13%
1976 $7.39 5.76%
1977 $7.87 6.50%
1978 $8.47 7.59%
1979 $9.43 11.35%
1980 $10.70 13.50%
1981 $11.81 10.32%
1982 $12.53 6.16%
1983 $12.94 3.21%
1984 $13.49 4.32%
1985 $13.97 3.56%
1986 $14.23 1.86%
1987 $14.75 3.65%
1988 $15.36 4.14%
1989 $16.10 4.82%
1990 $16.97 5.40%
1991 $17.69 4.21%
1992 $18.22 3.01%
1993 $18.77 2.99%
1994 $19.25 2.56%
1995 $19.79 2.83%
1996 $20.38 2.95%
1997 $20.84 2.29%
1998 $21.17 1.56%
1999 $21.64 2.21%
2000 $22.36 3.36%
2001 $23.00 2.85%
2002 $23.36 1.58%
2003 $23.90 2.28%
2004 $24.53 2.66%
2005 $25.36 3.39%
2006 $26.18 3.23%
2007 $26.93 2.85%
2008 $27.96 3.84%
2009 $27.86 -0.36%
2010 $28.32 1.64%
2011 $29.21 3.16%
2012 $29.82 2.07%
2013 $30.25 1.46%
2014 $30.74 1.62%
2015 $30.78 0.12%
2016 $31.17 1.26%
2017 $31.83 2.13%
2018 $32.63 2.49%
2019 $33.20 1.76%
2020 $33.76 1.67%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

This conversion table shows various other 1775 amounts in 1777 dollars, based on the 37.66% change in prices:

Conversion Table: Value of a dollar in 1777
Initial value Equivalent value
$1 dollar in 1775 $1.38 dollars in 1777
$5 dollars in 1775 $6.88 dollars in 1777
$10 dollars in 1775 $13.77 dollars in 1777
$50 dollars in 1775 $68.83 dollars in 1777
$100 dollars in 1775 $137.66 dollars in 1777
$500 dollars in 1775 $688.31 dollars in 1777
$1,000 dollars in 1775 $1,376.62 dollars in 1777
$5,000 dollars in 1775 $6,883.12 dollars in 1777
$10,000 dollars in 1775 $13,766.23 dollars in 1777
$50,000 dollars in 1775 $68,831.17 dollars in 1777
$100,000 dollars in 1775 $137,662.34 dollars in 1777
$500,000 dollars in 1775 $688,311.69 dollars in 1777
$1,000,000 dollars in 1775 $1,376,623.38 dollars in 1777

Inflation by Country

Inflation can also vary widely by country. For comparison, in the UK £1.00 in 1775 would be equivalent to £0.99 in 1777, an absolute change of £-0.01 and a cumulative change of -1.43%.

Compare these numbers to the US's overall absolute change of $0.38 and total percent change of 37.66%.


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 1775 and 1777.

Compare these values to the overall average of 17.33% per year:

Category Avg Inflation (%) Total Inflation (%) $1 in 1775 → 1777
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 1775. This table and charts use the earliest available data for each category.



How to Calculate Inflation Rate for $1, 1775 to 1777

Our calculations use the following inflation rate formula to calculate the change in value between 1775 and 1777:

CPI in 1777 CPI in 1775
×
1775 USD value
=
1777 USD value

Then plug in historical CPI values. The U.S. CPI was 7.7 in the year 1775 and 10.6 in 1777:

10.67.7
×
$1
=
$1.38

$1 in 1775 has the same "purchasing power" or "buying power" as $1.38 in 1777.

To get the total inflation rate for the 2 years between 1775 and 1777, we use the following formula:

CPI in 1777 - CPI in 1775CPI in 1775
×
100
=
Cumulative inflation rate (2 years)

Plugging in the values to this equation, we get:

10.6 - 7.77.7
×
100
=
38%

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 1775 → 1777 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 28 Sep. 2020, https://www.officialdata.org/us/inflation/1775?amount=1&endYear=1777.

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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Inflation from 1775 to 1777
Cumulative price change 37.66%
Average inflation rate 17.33%
Converted amount ($1 base) $1.38
Price difference ($1 base) $0.38
CPI in 1775 7.700
CPI in 1777 10.600
Inflation in 1775 -4.94%
Inflation in 1777 21.84%