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The 1.44% inflation rate means $1 in 1800 is equivalent to $24.79 today. This inflation calculator uses the official US consumer price index published by the Department of Labor. $1 in 1800 is now equivalent to $24.79 in 2024.
Inflation Calculator | Find US Dollar's Value From 1913-2024. Learn how this calculator works. The US Inflation Calculator uses the latest US government CPI data published on April 10 to adjust and calculate for inflation through March (See recent inflation rates .)
Apr 10, 2024 · The 1.44% inflation rate means $100 in 1800 is equivalent to $2,478.83 today. This inflation calculator uses the official US consumer price index published by the Department of Labor. $100 in 1800 is now equivalent to $2,478.83 in 2024.
The Inflation Calculator utilizes historical Consumer Price Index (CPI) data from the U.S. to convert the purchasing power of the U.S. dollar in different years. Simply enter an amount and the year it pertains to, followed by the year the inflation-adjusted amount pertains to.
Official U.S. data go back to 1913 for a consumer price index (CPI) comparable to what the U.S. Bureau of Labor Statistics (BLS) still calculates today. You can use the Minneapolis Fed’s inflation calculator to instantly compare the buying power of past and present dollars back to 1913.
As an example, if you’re looking to calculate inflation for the year 1800, analysts would take a current price index and subtract it from a comparable price index based on 1800 data. Then they would divide the number by the 1800 index and multiply by 100 to get a percent.
Starting in 1978, our calculator uses the CPI for all urban consumers (CPI-U). The Minneapolis Fed maintains historical tables of inflation rates from 1913 to the present (when the modern methodology began) and estimated rates back to the year 1800 using various pre-1913 measures.
