$1 in 1825 is worth $0.98 in 1824

Value of $1 from 1825 to 1824

$1 in 1825 is equivalent in purchasing power to about $0.98 in 1824. The dollar had an average inflation rate of 2.06% per year between 1824 and 1825, producing a cumulative price increase of -2.02%.

This means that prices in 1824 are 2.02% lower than average prices since 1825, according to the Bureau of Labor Statistics consumer price index.

The 1824 inflation rate was -7.62%. The inflation rate in 1825 was 2.06%. The 1825 inflation rate is higher compared to the average inflation rate of 1.71% per year between 1825 and 2021.


Inflation from 1825 to 1824
Average inflation rate 2.06%
Converted amount ($1 base) $0.98
Price difference ($1 base) $-0.02
CPI in 1825 9.900
CPI in 1824 9.700
Inflation in 1824 -7.62%
Inflation in 1825 2.06%
$1 in 1825 $0.98 in 1824

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

Inflation by Country

Inflation can also vary widely by country. For comparison, in the UK £1.00 in 1825 would be equivalent to £0.85 in 1824, an absolute change of £-0.15 and a cumulative change of -14.88%.

Compare these numbers to the US's overall absolute change of $-0.02 and total percent change of -2.02%.


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 1825 and 1824.

Compare these values to the overall average of 2.06% per year:

Category Avg Inflation (%) Total Inflation (%) $1 in 1824 → 1825
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 1825. This table and charts use the earliest available data for each category.



How to Calculate Inflation Rate for $1, 1824 to 1825

Our calculations use the following inflation rate formula to calculate the change in value between 1824 and 1825:

CPI in 1824 CPI in 1825
×
1825 USD value
=
1824 USD value

Then plug in historical CPI values. The U.S. CPI was 9.9 in the year 1825 and 9.7 in 1824:

9.79.9
×
$1
=
$0.98

$1 in 1825 has the same "purchasing power" or "buying power" as $0.98 in 1824.

To get the total inflation rate for the 1 years between 1824 and 1825, we use the following formula:

CPI in 1824 - CPI in 1825CPI in 1825
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

9.7 - 9.99.9
×
100
=
-2%

News headlines from 1824

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

  • Forced relocation of the Eastern Indians to the Indian Territory approved by the US Congress.
  • Russia and Great Britain establish the boundary between Alaska and Canada.
  • Brazil's independence is recognized by Portugal
  • Beginning of Decembrist uprising in Russia, against Russian emperor Nicholas I

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 1825 → 1824 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 19 Sep. 2021, https://www.officialdata.org/us/inflation/1825?amount=1&endYear=1824.

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 1825 to 1824
Average inflation rate 2.06%
Converted amount ($1 base) $0.98
Price difference ($1 base) $-0.02
CPI in 1825 9.900
CPI in 1824 9.700
Inflation in 1824 -7.62%
Inflation in 1825 2.06%
$1 in 1825 $0.98 in 1824