# \$1 in 1785 → \$0.99 in 1792

## Inflation Calculator

\$

### U.S. Inflation Rate, \$1 from 1785 to 1792

According to the Bureau of Labor Statistics consumer price index, prices in 1792 are 1.03% lower than average prices since 1785. The U.S. dollar experienced an average deflation rate of -0.15% per year during this period, meaning the real value of a dollar increased.

In other words, \$1 in 1785 is equivalent in purchasing power to about \$0.99 in 1792, a difference of \$-0.01 over 7 years.

The 1785 inflation rate was -4.90%. The inflation rate in 1792 was 2.13%. The 1792 inflation rate is higher compared to the average inflation rate of 1.46% per year between 1792 and 2020.

 Cumulative price change -1.03% Average inflation rate -0.15% Converted amount (\$1 base) \$0.99 Price difference (\$1 base) \$-0.01 CPI in 1785 9.700 CPI in 1792 9.600 Inflation in 1785 -4.90% Inflation in 1792 2.13%

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

### Buying power of \$1 in 1785

This chart shows a calculation of buying power equivalence for \$1 in 1785 (price index tracking began in 1635).

For example, if you started with \$1, you would need to end with \$0.99 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:

Year Dollar Value Inflation Rate
1785 \$1.00 -4.90%
1786 \$0.98 -2.06%
1787 \$0.96 -2.11%
1788 \$0.92 -4.30%
1789 \$0.91 -1.12%
1790 \$0.95 4.55%
1791 \$0.97 2.17%
1792 \$0.99 2.13%
1793 \$1.02 3.13%
1794 \$1.13 11.11%
1795 \$1.30 14.55%
1796 \$1.36 4.76%
1797 \$1.31 -3.79%
1798 \$1.27 -3.15%
1799 \$1.27 0.00%
1800 \$1.30 2.44%
1801 \$1.31 0.79%
1802 \$1.10 -15.75%
1803 \$1.16 5.61%
1804 \$1.22 4.42%
1805 \$1.21 -0.85%
1806 \$1.26 4.27%
1807 \$1.20 -4.92%
1808 \$1.30 8.62%
1809 \$1.27 -2.38%
1810 \$1.27 0.00%
1811 \$1.35 6.50%
1812 \$1.37 1.53%
1813 \$1.65 20.30%
1814 \$1.81 10.00%
1815 \$1.59 -12.50%
1816 \$1.45 -8.44%
1817 \$1.37 -5.67%
1818 \$1.31 -4.51%
1819 \$1.31 0.00%
1820 \$1.21 -7.87%
1821 \$1.16 -3.42%
1822 \$1.21 3.54%
1823 \$1.08 -10.26%
1824 \$1.00 -7.62%
1825 \$1.02 2.06%
1826 \$1.02 0.00%
1827 \$1.03 1.01%
1828 \$0.98 -5.00%
1829 \$0.96 -2.11%
1830 \$0.95 -1.08%
1831 \$0.90 -5.43%
1832 \$0.89 -1.15%
1833 \$0.87 -2.33%
1834 \$0.89 2.38%
1835 \$0.91 2.33%
1836 \$0.96 5.68%
1837 \$0.99 3.23%
1838 \$0.96 -3.12%
1839 \$0.96 0.00%
1840 \$0.90 -6.45%
1841 \$0.90 0.00%
1842 \$0.85 -5.75%
1843 \$0.76 -9.76%
1844 \$0.77 1.35%
1845 \$0.78 1.33%
1846 \$0.79 1.32%
1847 \$0.85 6.49%
1848 \$0.81 -3.66%
1849 \$0.79 -2.53%
1850 \$0.80 1.30%
1851 \$0.79 -1.28%
1852 \$0.79 0.00%
1853 \$0.79 0.00%
1854 \$0.87 9.09%
1855 \$0.90 3.57%
1856 \$0.88 -2.30%
1857 \$0.90 2.35%
1858 \$0.85 -5.75%
1859 \$0.86 1.22%
1860 \$0.86 0.00%
1861 \$0.91 6.02%
1862 \$1.04 14.77%
1863 \$1.30 24.75%
1864 \$1.62 24.60%
1865 \$1.68 3.82%
1866 \$1.64 -2.45%
1867 \$1.53 -6.92%
1868 \$1.46 -4.05%
1869 \$1.40 -4.23%
1870 \$1.35 -3.68%
1871 \$1.26 -6.87%
1872 \$1.26 0.00%
1873 \$1.24 -1.64%
1874 \$1.18 -5.00%
1875 \$1.13 -3.51%
1876 \$1.10 -2.73%
1877 \$1.08 -1.87%
1878 \$1.03 -4.76%
1879 \$1.03 0.00%
1880 \$1.05 2.00%
1881 \$1.05 0.00%
1882 \$1.05 0.00%
1883 \$1.04 -0.98%
1884 \$1.01 -2.97%
1885 \$1.00 -1.02%
1886 \$0.97 -3.09%
1887 \$0.98 1.06%
1888 \$0.98 0.00%
1889 \$0.95 -3.16%
1890 \$0.94 -1.09%
1891 \$0.94 0.00%
1892 \$0.94 0.00%
1893 \$0.93 -1.10%
1894 \$0.89 -4.44%
1895 \$0.87 -2.33%
1896 \$0.87 0.00%
1897 \$0.86 -1.19%
1898 \$0.86 0.00%
1899 \$0.86 0.00%
1900 \$0.87 1.20%
1901 \$0.88 1.19%
1902 \$0.89 1.18%
1903 \$0.91 2.33%
1904 \$0.92 1.14%
1905 \$0.91 -1.12%
1906 \$0.93 2.27%
1907 \$0.97 4.44%
1908 \$0.95 -2.13%
1909 \$0.94 -1.09%
1910 \$0.98 4.40%
1911 \$0.98 0.00%
1912 \$1.00 2.11%
1913 \$1.02 2.06%
1914 \$1.03 1.01%
1915 \$1.04 1.00%
1916 \$1.12 7.92%
1917 \$1.32 17.43%
1918 \$1.56 17.97%
1919 \$1.78 14.57%
1920 \$2.06 15.61%
1921 \$1.85 -10.50%
1922 \$1.73 -6.15%
1923 \$1.76 1.79%
1924 \$1.76 0.00%
1925 \$1.80 2.34%
1926 \$1.82 1.14%
1927 \$1.79 -1.69%
1928 \$1.76 -1.72%
1929 \$1.76 0.00%
1930 \$1.72 -2.34%
1931 \$1.57 -8.98%
1932 \$1.41 -9.87%
1933 \$1.34 -5.11%
1934 \$1.38 3.08%
1935 \$1.41 2.24%
1936 \$1.43 1.46%
1937 \$1.48 3.60%
1938 \$1.45 -2.08%
1939 \$1.43 -1.42%
1940 \$1.44 0.72%
1941 \$1.52 5.00%
1942 \$1.68 10.88%
1943 \$1.78 6.13%
1944 \$1.81 1.73%
1945 \$1.86 2.27%
1946 \$2.01 8.33%
1947 \$2.30 14.36%
1948 \$2.48 8.07%
1949 \$2.45 -1.24%
1950 \$2.48 1.26%
1951 \$2.68 7.88%
1952 \$2.73 1.92%
1953 \$2.75 0.75%
1954 \$2.77 0.75%
1955 \$2.76 -0.37%
1956 \$2.80 1.49%
1957 \$2.90 3.31%
1958 \$2.98 2.85%
1959 \$3.00 0.69%
1960 \$3.05 1.72%
1961 \$3.08 1.01%
1962 \$3.11 1.00%
1963 \$3.15 1.32%
1964 \$3.20 1.31%
1965 \$3.25 1.61%
1966 \$3.34 2.86%
1967 \$3.44 3.09%
1968 \$3.59 4.19%
1969 \$3.78 5.46%
1970 \$4.00 5.72%
1971 \$4.18 4.38%
1972 \$4.31 3.21%
1973 \$4.58 6.22%
1974 \$5.08 11.04%
1975 \$5.55 9.13%
1976 \$5.87 5.76%
1977 \$6.25 6.50%
1978 \$6.72 7.59%
1979 \$7.48 11.35%
1980 \$8.49 13.50%
1981 \$9.37 10.32%
1982 \$9.95 6.16%
1983 \$10.27 3.21%
1984 \$10.71 4.32%
1985 \$11.09 3.56%
1986 \$11.30 1.86%
1987 \$11.71 3.65%
1988 \$12.20 4.14%
1989 \$12.78 4.82%
1990 \$13.47 5.40%
1991 \$14.04 4.21%
1992 \$14.46 3.01%
1993 \$14.90 2.99%
1994 \$15.28 2.56%
1995 \$15.71 2.83%
1996 \$16.18 2.95%
1997 \$16.55 2.29%
1998 \$16.80 1.56%
1999 \$17.18 2.21%
2000 \$17.75 3.36%
2001 \$18.26 2.85%
2002 \$18.55 1.58%
2003 \$18.97 2.28%
2004 \$19.47 2.66%
2005 \$20.13 3.39%
2006 \$20.78 3.23%
2007 \$21.38 2.85%
2008 \$22.20 3.84%
2009 \$22.12 -0.36%
2010 \$22.48 1.64%
2011 \$23.19 3.16%
2012 \$23.67 2.07%
2013 \$24.02 1.46%
2014 \$24.41 1.62%
2015 \$24.43 0.12%
2016 \$24.74 1.26%
2017 \$25.27 2.13%
2018 \$25.90 2.49%
2019 \$26.36 1.76%
2020 \$26.67 1.18%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

### Inflation by Country

Inflation can also vary widely by country. For comparison, in the UK £1.00 in 1785 would be equivalent to £1.06 in 1792, an absolute change of £0.06 and a cumulative change of 5.56%.

Compare these numbers to the US's overall absolute change of \$-0.01 and total percent change of -1.03%.

### 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 1785 and 1792.

Compare these values to the overall average of -0.15% per year:

Category Avg Inflation (%) Total Inflation (%) \$1 in 1785 → 1792
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 1785. This table and charts use the earliest available data for each category.

### How to Calculate Inflation Rate for \$1, 1785 to 1792

This inflation calculator uses the following inflation rate formula:

CPI in 1792CPI in 1785
×
1785 USD value
=
1792 USD value

Then plug in historical CPI values. The U.S. CPI was 9.7 in the year 1785 and 9.6 in 1792:

9.69.7
×
\$1
=
\$0.99

\$1 in 1785 has the same "purchasing power" or "buying power" as \$0.99 in 1792.

To get the total inflation rate for the 7 years between 1785 and 1792, we use the following formula:

CPI in 1792 - CPI in 1785CPI in 1785
×
100
=
Cumulative inflation rate (7 years)

Plugging in the values to this equation, we get:

9.6 - 9.79.7
×
100
=
-1%

Politics and news often influence economic performance. Here's what was happening at the time:

• The Times is published for the first time by John Walter of London
• James Hutton's theory of uniformitarianism is read in public at the Royal Society of Edinburgh.
• US currency named "dollar" and decimal coinage adopted by Congressional resolution

### 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 1785 → 1792 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 9 Apr. 2020, https://www.officialdata.org/us/inflation/1785?amount=1&endYear=1792.