$1 in 1741 → $0.71 in 1745

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$1 in 1741 → $0.71 in 1745

U.S. Inflation Rate, $1 in 1741 to 1745

According to the Bureau of Labor Statistics consumer price index, prices in 1745 are 29.23% lower than average prices throughout 1741. The dollar experienced an average deflation rate of -8.28% per year during this period, meaning the real value of a dollar increased.

In other words, $1 in 1741 is equivalent in purchasing power to about $0.71 in 1745, a difference of $-0.29 over 4 years.

The 1741 inflation rate was 66.67%. The inflation rate in 1745 was -4.17%. The 1745 inflation rate is lower compared to the average inflation rate of 1.48% per year between 1745 and 2019.


Inflation from 1741 to 1745
Cumulative price change -29.23%
Average inflation rate -8.28%
Converted amount ($1 base) $0.71
Price difference ($1 base) $-0.29
CPI in 1741 6.500
CPI in 1745 4.600
Inflation in 1741 66.67%
Inflation in 1745 -4.17%

U.S. inflation chart since 1665


Buying power of $1 in 1741

This chart shows calculation of buying power equivalence, often referred to as "the value of a dollar" over time for $1 in 1741 (price index tracking began in 1635).

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
1741 $1.00 66.67%
1742 $0.89 -10.77%
1743 $0.80 -10.34%
1744 $0.74 -7.69%
1745 $0.71 -4.17%
1746 $0.74 4.35%
1747 $0.82 10.42%
1748 $0.97 18.87%
1749 $0.98 1.59%
1750 $0.98 0.00%
1751 $0.98 0.00%
1752 $1.02 3.12%
1753 $0.98 -3.03%
1754 $0.94 -4.69%
1755 $0.92 -1.64%
1756 $0.89 -3.33%
1757 $0.95 6.90%
1758 $1.03 8.06%
1759 $1.22 17.91%
1760 $1.17 -3.80%
1761 $1.06 -9.21%
1762 $1.15 8.70%
1763 $1.15 0.00%
1764 $1.08 -6.67%
1765 $1.11 2.86%
1766 $1.18 6.94%
1767 $1.17 -1.30%
1768 $1.11 -5.26%
1769 $1.17 5.56%
1770 $1.26 7.89%
1771 $1.20 -4.88%
1772 $1.40 16.67%
1773 $1.32 -5.49%
1774 $1.25 -5.81%
1775 $1.18 -4.94%
1776 $1.34 12.99%
1777 $1.63 21.84%
1778 $2.12 30.19%
1779 $1.88 -11.59%
1780 $2.11 12.30%
1781 $1.71 -18.98%
1782 $1.86 9.01%
1783 $1.63 -12.40%
1784 $1.57 -3.77%
1785 $1.49 -4.90%
1786 $1.46 -2.06%
1787 $1.43 -2.11%
1788 $1.37 -4.30%
1789 $1.35 -1.12%
1790 $1.42 4.55%
1791 $1.45 2.17%
1792 $1.48 2.13%
1793 $1.52 3.13%
1794 $1.69 11.11%
1795 $1.94 14.55%
1796 $2.03 4.76%
1797 $1.95 -3.79%
1798 $1.89 -3.15%
1799 $1.89 0.00%
1800 $1.94 2.44%
1801 $1.95 0.79%
1802 $1.65 -15.75%
1803 $1.74 5.61%
1804 $1.82 4.42%
1805 $1.80 -0.85%
1806 $1.88 4.27%
1807 $1.78 -4.92%
1808 $1.94 8.62%
1809 $1.89 -2.38%
1810 $1.89 0.00%
1811 $2.02 6.50%
1812 $2.05 1.53%
1813 $2.46 20.30%
1814 $2.71 10.00%
1815 $2.37 -12.50%
1816 $2.17 -8.44%
1817 $2.05 -5.67%
1818 $1.95 -4.51%
1819 $1.95 0.00%
1820 $1.80 -7.87%
1821 $1.74 -3.42%
1822 $1.80 3.54%
1823 $1.62 -10.26%
1824 $1.49 -7.62%
1825 $1.52 2.06%
1826 $1.52 0.00%
1827 $1.54 1.01%
1828 $1.46 -5.00%
1829 $1.43 -2.11%
1830 $1.42 -1.08%
1831 $1.34 -5.43%
1832 $1.32 -1.15%
1833 $1.29 -2.33%
1834 $1.32 2.38%
1835 $1.35 2.33%
1836 $1.43 5.68%
1837 $1.48 3.23%
1838 $1.43 -3.12%
1839 $1.43 0.00%
1840 $1.34 -6.45%
1841 $1.34 0.00%
1842 $1.26 -5.75%
1843 $1.14 -9.76%
1844 $1.15 1.35%
1845 $1.17 1.33%
1846 $1.18 1.32%
1847 $1.26 6.49%
1848 $1.22 -3.66%
1849 $1.18 -2.53%
1850 $1.20 1.30%
1851 $1.18 -1.28%
1852 $1.18 0.00%
1853 $1.18 0.00%
1854 $1.29 9.09%
1855 $1.34 3.57%
1856 $1.31 -2.30%
1857 $1.34 2.35%
1858 $1.26 -5.75%
1859 $1.28 1.22%
1860 $1.28 0.00%
1861 $1.35 6.02%
1862 $1.55 14.77%
1863 $1.94 24.75%
1864 $2.42 24.60%
1865 $2.51 3.82%
1866 $2.45 -2.45%
1867 $2.28 -6.92%
1868 $2.18 -4.05%
1869 $2.09 -4.23%
1870 $2.02 -3.68%
1871 $1.88 -6.87%
1872 $1.88 0.00%
1873 $1.85 -1.64%
1874 $1.75 -5.00%
1875 $1.69 -3.51%
1876 $1.65 -2.73%
1877 $1.62 -1.87%
1878 $1.54 -4.76%
1879 $1.54 0.00%
1880 $1.57 2.00%
1881 $1.57 0.00%
1882 $1.57 0.00%
1883 $1.55 -0.98%
1884 $1.51 -2.97%
1885 $1.49 -1.02%
1886 $1.45 -3.09%
1887 $1.46 1.06%
1888 $1.46 0.00%
1889 $1.42 -3.16%
1890 $1.40 -1.09%
1891 $1.40 0.00%
1892 $1.40 0.00%
1893 $1.38 -1.10%
1894 $1.32 -4.44%
1895 $1.29 -2.33%
1896 $1.29 0.00%
1897 $1.28 -1.19%
1898 $1.28 0.00%
1899 $1.28 0.00%
1900 $1.29 1.20%
1901 $1.31 1.19%
1902 $1.32 1.18%
1903 $1.35 2.33%
1904 $1.37 1.14%
1905 $1.35 -1.12%
1906 $1.38 2.27%
1907 $1.45 4.44%
1908 $1.42 -2.13%
1909 $1.40 -1.09%
1910 $1.46 4.40%
1911 $1.46 0.00%
1912 $1.49 2.11%
1913 $1.52 2.06%
1914 $1.54 1.01%
1915 $1.55 1.00%
1916 $1.68 7.92%
1917 $1.97 17.43%
1918 $2.32 17.97%
1919 $2.66 14.57%
1920 $3.08 15.61%
1921 $2.75 -10.50%
1922 $2.58 -6.15%
1923 $2.63 1.79%
1924 $2.63 0.00%
1925 $2.69 2.34%
1926 $2.72 1.14%
1927 $2.68 -1.69%
1928 $2.63 -1.72%
1929 $2.63 0.00%
1930 $2.57 -2.34%
1931 $2.34 -8.98%
1932 $2.11 -9.87%
1933 $2.00 -5.11%
1934 $2.06 3.08%
1935 $2.11 2.24%
1936 $2.14 1.46%
1937 $2.22 3.60%
1938 $2.17 -2.08%
1939 $2.14 -1.42%
1940 $2.15 0.72%
1941 $2.26 5.00%
1942 $2.51 10.88%
1943 $2.66 6.13%
1944 $2.71 1.73%
1945 $2.77 2.27%
1946 $3.00 8.33%
1947 $3.43 14.36%
1948 $3.71 8.07%
1949 $3.66 -1.24%
1950 $3.71 1.26%
1951 $4.00 7.88%
1952 $4.08 1.92%
1953 $4.11 0.75%
1954 $4.14 0.75%
1955 $4.12 -0.37%
1956 $4.18 1.49%
1957 $4.32 3.31%
1958 $4.45 2.85%
1959 $4.48 0.69%
1960 $4.55 1.72%
1961 $4.60 1.01%
1962 $4.65 1.00%
1963 $4.71 1.32%
1964 $4.77 1.31%
1965 $4.85 1.61%
1966 $4.98 2.86%
1967 $5.14 3.09%
1968 $5.35 4.19%
1969 $5.65 5.46%
1970 $5.97 5.72%
1971 $6.23 4.38%
1972 $6.43 3.21%
1973 $6.83 6.22%
1974 $7.58 11.04%
1975 $8.28 9.13%
1976 $8.75 5.76%
1977 $9.32 6.50%
1978 $10.03 7.59%
1979 $11.17 11.35%
1980 $12.68 13.50%
1981 $13.98 10.32%
1982 $14.85 6.16%
1983 $15.32 3.21%
1984 $15.98 4.32%
1985 $16.55 3.56%
1986 $16.86 1.86%
1987 $17.48 3.65%
1988 $18.20 4.14%
1989 $19.08 4.82%
1990 $20.11 5.40%
1991 $20.95 4.21%
1992 $21.58 3.01%
1993 $22.23 2.99%
1994 $22.80 2.56%
1995 $23.45 2.83%
1996 $24.14 2.95%
1997 $24.69 2.29%
1998 $25.08 1.56%
1999 $25.63 2.21%
2000 $26.49 3.36%
2001 $27.25 2.85%
2002 $27.68 1.58%
2003 $28.31 2.28%
2004 $29.06 2.66%
2005 $30.05 3.39%
2006 $31.02 3.23%
2007 $31.90 2.85%
2008 $33.12 3.84%
2009 $33.01 -0.36%
2010 $33.55 1.64%
2011 $34.61 3.16%
2012 $35.32 2.07%
2013 $35.84 1.46%
2014 $36.42 1.62%
2015 $36.46 0.12%
2016 $36.92 1.26%
2017 $37.71 2.13%
2018 $38.63 2.44%
2019 $39.59 2.48%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

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 1741 and 1745.

Compare these values to the overall average of -8.28% per year:

Category Avg Inflation (%) Total Inflation (%) $1 in 1741 → 1745
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 1741. This table and charts use the earliest available data for each category.



How to Calculate Inflation Rate for $1, 1741 to 1745

This inflation calculator uses the following inflation rate formula:

CPI in 1745CPI in 1741
×
1741 USD value
=
1745 USD value

Then plug in historical CPI values. The U.S. CPI was 6.5 in the year 1741 and 4.6 in 1745:

4.66.5
×
$1
=
$0.71

$1 in 1741 has the same "purchasing power" or "buying power" as $0.71 in 1745.

To get the total inflation rate for the 4 years between 1741 and 1745, we use the following formula:

CPI in 1745 - CPI in 1741CPI in 1741
×
100
=
Cumulative inflation rate (4 years)

Plugging in the values to this equation, we get:

4.6 - 6.56.5
×
100
=
-29%

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 1741 → 1745 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 9 Dec. 2019, https://www.officialdata.org/1741-dollars-in-1745?amount=1.

Special thanks to QuickChart for providing downloadable chart images.


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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» Read more about inflation and investment.

Inflation from 1741 to 1745
Cumulative price change -29.23%
Average inflation rate -8.28%
Converted amount ($1 base) $0.71
Price difference ($1 base) $-0.29
CPI in 1741 6.500
CPI in 1745 4.600
Inflation in 1741 66.67%
Inflation in 1745 -4.17%
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