$1 in 1815 is equivalent in purchasing power to about $0.55 in 1833, a difference of $-0.45 over 18 years. The dollar had an average deflation rate of -3.31% per year since 1815, producing a cumulative price change of -45.45%.
This means that prices in 1833 are 45.45% lower than average prices since 1815, according to the Bureau of Labor Statistics consumer price index.
The inflation rate in 1815 was -12.50%. The inflation rate in 1833 was -2.33%. The 1833 inflation rate is lower compared to the average inflation rate of 1.91% per year between 1833 and 2024.
Cumulative price change | -45.45% |
Average inflation rate | -3.31% |
Converted amount $1 base | $0.55 |
Price difference $1 base | $-0.45 |
CPI in 1815 | 15.400 |
CPI in 1833 | 8.400 |
Inflation in 1815 | -12.50% |
Inflation in 1833 | -2.33% |
$1 in 1815 | $0.55 in 1833 |
This chart shows a calculation of buying power equivalence for $1 in 1815 (price index tracking began in 1635).
For example, if you started with $1, you would need to end with $0.55 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:
This conversion table shows various other 1815 amounts in 1833 dollars, based on the -45.45% change in prices:
Initial value | Equivalent value |
---|---|
$1 dollar in 1815 | $0.55 dollars in 1833 |
$5 dollars in 1815 | $2.73 dollars in 1833 |
$10 dollars in 1815 | $5.45 dollars in 1833 |
$50 dollars in 1815 | $27.27 dollars in 1833 |
$100 dollars in 1815 | $54.55 dollars in 1833 |
$500 dollars in 1815 | $272.73 dollars in 1833 |
$1,000 dollars in 1815 | $545.45 dollars in 1833 |
$5,000 dollars in 1815 | $2,727.27 dollars in 1833 |
$10,000 dollars in 1815 | $5,454.55 dollars in 1833 |
$50,000 dollars in 1815 | $27,272.73 dollars in 1833 |
$100,000 dollars in 1815 | $54,545.45 dollars in 1833 |
$500,000 dollars in 1815 | $272,727.27 dollars in 1833 |
$1,000,000 dollars in 1815 | $545,454.55 dollars in 1833 |
Inflation can also vary widely by country. For comparison, in the UK £1.00 in 1815 would be equivalent to £0.75 in 1833, an absolute change of £-0.25 and a cumulative change of -25.20%.
Compare these numbers to the US's overall absolute change of $-0.45 and total percent change of -45.45%.
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 1815 and 1833.
Compare these values to the overall average of -3.31% per year:
Category | Avg Inflation (%) | Total Inflation (%) | $1 in 1815 → 1833 |
---|---|---|---|
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 1815. This table and charts use the earliest available data for each category.
Our calculations use the following inflation rate formula to calculate the change in value between 1815 and 1833:
Then plug in historical CPI values. The U.S. CPI was 15.4 in the year 1815 and 8.4 in 1833:
$1 in 1815 has the same "purchasing power" or "buying power" as $0.55 in 1833.
To get the total inflation rate for the 18 years between 1815 and 1833, we use the following formula:
Plugging in the values to this equation, we get:
Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (CPI), established in 1913. Price index data from 1774 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University and from the American Antiquarian Society. Price index data from 1634 to 1773 is from the American Antiquarian Society, using British pound equivalents.
You may use the following MLA citation for this page: “$1 in 1815 → 1833 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 28 Apr. 2024, https://www.officialdata.org/us/inflation/1815?amount=1&endYear=1833.
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.
Cumulative price change | -45.45% |
Average inflation rate | -3.31% |
Converted amount $1 base | $0.55 |
Price difference $1 base | $-0.45 |
CPI in 1815 | 15.400 |
CPI in 1833 | 8.400 |
Inflation in 1815 | -12.50% |
Inflation in 1833 | -2.33% |
$1 in 1815 | $0.55 in 1833 |