Value of $1 from 1800 to 1801
$1 in 1800 is equivalent in purchasing power to about $1.01 in 1801. The dollar had an average inflation rate of 0.79% per year between 1800 and 1801, producing a cumulative price increase of 0.79%.
This means that prices in 1801 are 1.01 times higher than average prices since 1800, according to the Bureau of Labor Statistics consumer price index.
The 1800 inflation rate was 2.44%. The inflation rate in 1801 was 0.79%. The 1801 inflation rate is lower compared to the average inflation rate of 1.38% per year between 1801 and 2021.
Contents
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| Average inflation rate | 0.79% |
| Converted amount ($1 base) | $1.01 |
| Price difference ($1 base) | $0.01 |
| CPI in 1800 | 12.600 |
| CPI in 1801 | 12.700 |
| Inflation in 1800 | 2.44% |
| Inflation in 1801 | 0.79% |
| $1 in 1800 | $1.01 in 1801 |
Inflation by Country
Inflation can also vary widely by country. For comparison, in the UK £1.00 in 1800 would be equivalent to £1.12 in 1801, an absolute change of £0.12 and a cumulative change of 11.85%.
Compare these numbers to the US's overall absolute change of $0.01 and total percent change of 0.79%.
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 1800 and 1801.
Compare these values to the overall average of 0.79% per year:
| Category | Avg Inflation (%) | Total Inflation (%) | $1 in 1800 → 1801 |
|---|---|---|---|
| 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 1800. This table and charts use the earliest available data for each category.
How to Calculate Inflation Rate for $1, 1800 to 1801
Our calculations use the following inflation rate formula to calculate the change in value between 1800 and 1801:
CPI in 1801
CPI in 1800
×
1800 USD value
=
1801 USD value
Then plug in historical CPI values. The U.S. CPI was 12.6 in the year 1800 and 12.7 in 1801:
12.712.6
×
$1
=
$1.01
$1 in 1800 has the same "purchasing power" or "buying power" as $1.01 in 1801.
To get the total inflation rate for the 1 years between 1800 and 1801, we use the following formula:
CPI in 1801 - CPI in 1800CPI in 1800
×
100
=
Cumulative inflation rate (1 years)
Plugging in the values to this equation, we get:
12.7 - 12.612.6
×
100
=
1%
News headlines from 1800
Politics and news often influence economic performance. Here's what was happening at the time:
- First session of Congress held at under-construction Capitol building in Washington D.C.
- First cowpox vaccination (for smallpox prevention) in the United States. The vaccine was given by Dr Benjamin Waterhouse to his son.
- The free African American community of Philadelphia submits its first petition to US Congress for the abolition of slavery.
- Barnaba Niccoclo Maria Luigi Chiaramonti elected pope, taking the name Pope Pius VII.
- A Smallpox vaccine is invented by Doctor Benjamin Waterhouse leading to the first immunization against the disease.
- Congress holds its first session in the, at the time, still incomplete Capitol building in Washington D.C.
- The French army defeats the Turks at Helipolis, after which they advanced on to Cairo.
Data Source & Citation
Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (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 1800 → 1801 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 3 Mar. 2021, https://www.officialdata.org/us/inflation/1800?amount=1&endYear=1801.
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.
| Average inflation rate | 0.79% |
| Converted amount ($1 base) | $1.01 |
| Price difference ($1 base) | $0.01 |
| CPI in 1800 | 12.600 |
| CPI in 1801 | 12.700 |
| Inflation in 1800 | 2.44% |
| Inflation in 1801 | 0.79% |
| $1 in 1800 | $1.01 in 1801 |