$1 in 1770 → $1.11 in 1772

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$1 in 1770 → $1.11 in 1772

U.S. Inflation Rate, $1 in 1770 to 1772

According to the Bureau of Labor Statistics consumer price index, prices in 1772 are 10.98% higher than average prices throughout 1770. The dollar experienced an average inflation rate of 5.34% per year during this period, meaning the real value of a dollar decreased.

In other words, $1 in 1770 is equivalent in purchasing power to about $1.11 in 1772, a difference of $0.11 over 2 years.

The 1770 inflation rate was 7.89%. The inflation rate in 1772 was 16.67%. The 1772 inflation rate is higher compared to the average inflation rate of 1.36% per year between 1772 and 2019.


Inflation from 1770 to 1772
Cumulative price change 10.98%
Average inflation rate 5.34%
Converted amount ($1 base) $1.11
Price difference ($1 base) $0.11
CPI in 1770 8.200
CPI in 1772 9.100
Inflation in 1770 7.89%
Inflation in 1772 16.67%

U.S. inflation chart since 1665


Buying power of $1 in 1770

This chart shows calculation of buying power equivalence, often referred to as "the value of a dollar" over time for $1 in 1770 (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
1770 $1.00 7.89%
1771 $0.95 -4.88%
1772 $1.11 16.67%
1773 $1.05 -5.49%
1774 $0.99 -5.81%
1775 $0.94 -4.94%
1776 $1.06 12.99%
1777 $1.29 21.84%
1778 $1.68 30.19%
1779 $1.49 -11.59%
1780 $1.67 12.30%
1781 $1.35 -18.98%
1782 $1.48 9.01%
1783 $1.29 -12.40%
1784 $1.24 -3.77%
1785 $1.18 -4.90%
1786 $1.16 -2.06%
1787 $1.13 -2.11%
1788 $1.09 -4.30%
1789 $1.07 -1.12%
1790 $1.12 4.55%
1791 $1.15 2.17%
1792 $1.17 2.13%
1793 $1.21 3.13%
1794 $1.34 11.11%
1795 $1.54 14.55%
1796 $1.61 4.76%
1797 $1.55 -3.79%
1798 $1.50 -3.15%
1799 $1.50 0.00%
1800 $1.54 2.44%
1801 $1.55 0.79%
1802 $1.30 -15.75%
1803 $1.38 5.61%
1804 $1.44 4.42%
1805 $1.43 -0.85%
1806 $1.49 4.27%
1807 $1.41 -4.92%
1808 $1.54 8.62%
1809 $1.50 -2.38%
1810 $1.50 0.00%
1811 $1.60 6.50%
1812 $1.62 1.53%
1813 $1.95 20.30%
1814 $2.15 10.00%
1815 $1.88 -12.50%
1816 $1.72 -8.44%
1817 $1.62 -5.67%
1818 $1.55 -4.51%
1819 $1.55 0.00%
1820 $1.43 -7.87%
1821 $1.38 -3.42%
1822 $1.43 3.54%
1823 $1.28 -10.26%
1824 $1.18 -7.62%
1825 $1.21 2.06%
1826 $1.21 0.00%
1827 $1.22 1.01%
1828 $1.16 -5.00%
1829 $1.13 -2.11%
1830 $1.12 -1.08%
1831 $1.06 -5.43%
1832 $1.05 -1.15%
1833 $1.02 -2.33%
1834 $1.05 2.38%
1835 $1.07 2.33%
1836 $1.13 5.68%
1837 $1.17 3.23%
1838 $1.13 -3.12%
1839 $1.13 0.00%
1840 $1.06 -6.45%
1841 $1.06 0.00%
1842 $1.00 -5.75%
1843 $0.90 -9.76%
1844 $0.91 1.35%
1845 $0.93 1.33%
1846 $0.94 1.32%
1847 $1.00 6.49%
1848 $0.96 -3.66%
1849 $0.94 -2.53%
1850 $0.95 1.30%
1851 $0.94 -1.28%
1852 $0.94 0.00%
1853 $0.94 0.00%
1854 $1.02 9.09%
1855 $1.06 3.57%
1856 $1.04 -2.30%
1857 $1.06 2.35%
1858 $1.00 -5.75%
1859 $1.01 1.22%
1860 $1.01 0.00%
1861 $1.07 6.02%
1862 $1.23 14.77%
1863 $1.54 24.75%
1864 $1.91 24.60%
1865 $1.99 3.82%
1866 $1.94 -2.45%
1867 $1.80 -6.92%
1868 $1.73 -4.05%
1869 $1.66 -4.23%
1870 $1.60 -3.68%
1871 $1.49 -6.87%
1872 $1.49 0.00%
1873 $1.46 -1.64%
1874 $1.39 -5.00%
1875 $1.34 -3.51%
1876 $1.30 -2.73%
1877 $1.28 -1.87%
1878 $1.22 -4.76%
1879 $1.22 0.00%
1880 $1.24 2.00%
1881 $1.24 0.00%
1882 $1.24 0.00%
1883 $1.23 -0.98%
1884 $1.20 -2.97%
1885 $1.18 -1.02%
1886 $1.15 -3.09%
1887 $1.16 1.06%
1888 $1.16 0.00%
1889 $1.12 -3.16%
1890 $1.11 -1.09%
1891 $1.11 0.00%
1892 $1.11 0.00%
1893 $1.10 -1.10%
1894 $1.05 -4.44%
1895 $1.02 -2.33%
1896 $1.02 0.00%
1897 $1.01 -1.19%
1898 $1.01 0.00%
1899 $1.01 0.00%
1900 $1.02 1.20%
1901 $1.04 1.19%
1902 $1.05 1.18%
1903 $1.07 2.33%
1904 $1.09 1.14%
1905 $1.07 -1.12%
1906 $1.10 2.27%
1907 $1.15 4.44%
1908 $1.12 -2.13%
1909 $1.11 -1.09%
1910 $1.16 4.40%
1911 $1.16 0.00%
1912 $1.18 2.11%
1913 $1.21 2.06%
1914 $1.22 1.01%
1915 $1.23 1.00%
1916 $1.33 7.92%
1917 $1.56 17.43%
1918 $1.84 17.97%
1919 $2.11 14.57%
1920 $2.44 15.61%
1921 $2.18 -10.50%
1922 $2.05 -6.15%
1923 $2.09 1.79%
1924 $2.09 0.00%
1925 $2.13 2.34%
1926 $2.16 1.14%
1927 $2.12 -1.69%
1928 $2.09 -1.72%
1929 $2.09 0.00%
1930 $2.04 -2.34%
1931 $1.85 -8.98%
1932 $1.67 -9.87%
1933 $1.59 -5.11%
1934 $1.63 3.08%
1935 $1.67 2.24%
1936 $1.70 1.46%
1937 $1.76 3.60%
1938 $1.72 -2.08%
1939 $1.70 -1.42%
1940 $1.71 0.72%
1941 $1.79 5.00%
1942 $1.99 10.88%
1943 $2.11 6.13%
1944 $2.15 1.73%
1945 $2.20 2.27%
1946 $2.38 8.33%
1947 $2.72 14.36%
1948 $2.94 8.07%
1949 $2.90 -1.24%
1950 $2.94 1.26%
1951 $3.17 7.88%
1952 $3.23 1.92%
1953 $3.26 0.75%
1954 $3.28 0.75%
1955 $3.27 -0.37%
1956 $3.32 1.49%
1957 $3.43 3.31%
1958 $3.52 2.85%
1959 $3.55 0.69%
1960 $3.61 1.72%
1961 $3.65 1.01%
1962 $3.68 1.00%
1963 $3.73 1.32%
1964 $3.78 1.31%
1965 $3.84 1.61%
1966 $3.95 2.86%
1967 $4.07 3.09%
1968 $4.24 4.19%
1969 $4.48 5.46%
1970 $4.73 5.72%
1971 $4.94 4.38%
1972 $5.10 3.21%
1973 $5.41 6.22%
1974 $6.01 11.04%
1975 $6.56 9.13%
1976 $6.94 5.76%
1977 $7.39 6.50%
1978 $7.95 7.59%
1979 $8.85 11.35%
1980 $10.05 13.50%
1981 $11.09 10.32%
1982 $11.77 6.16%
1983 $12.15 3.21%
1984 $12.67 4.32%
1985 $13.12 3.56%
1986 $13.37 1.86%
1987 $13.85 3.65%
1988 $14.43 4.14%
1989 $15.12 4.82%
1990 $15.94 5.40%
1991 $16.61 4.21%
1992 $17.11 3.01%
1993 $17.62 2.99%
1994 $18.07 2.56%
1995 $18.59 2.83%
1996 $19.13 2.95%
1997 $19.57 2.29%
1998 $19.88 1.56%
1999 $20.32 2.21%
2000 $21.00 3.36%
2001 $21.60 2.85%
2002 $21.94 1.58%
2003 $22.44 2.28%
2004 $23.04 2.66%
2005 $23.82 3.39%
2006 $24.59 3.23%
2007 $25.29 2.85%
2008 $26.26 3.84%
2009 $26.16 -0.36%
2010 $26.59 1.64%
2011 $27.43 3.16%
2012 $28.00 2.07%
2013 $28.41 1.46%
2014 $28.87 1.62%
2015 $28.90 0.12%
2016 $29.27 1.26%
2017 $29.89 2.13%
2018 $30.62 2.44%
2019 $31.29 2.18%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

Inflation by Country

Inflation can also vary widely by country. For comparison, in the UK £1.00 in 1770 would be equivalent to £1.19 in 1772, an absolute change of £0.19 and a cumulative change of 19.35%.

Compare these numbers to the US's overall absolute change of $0.11 and total percent change of 10.98%.


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 1770 and 1772.

Compare these values to the overall average of 5.34% per year:

Category Avg Inflation (%) Total Inflation (%) $1 in 1770 → 1772
Food 0.00 0.00 1.00
Shelter 0.00 0.00 1.00
Energy 0.00 0.00 1.00
Apparel 0.00 0.00 1.00
New vehicles 0.00 0.00 1.00
Used cars and trucks 0.00 0.00 1.00
Transportation services 0.00 0.00 1.00
Medical care services 0.00 0.00 1.00
Medical care commodities 0.00 0.00 1.00

It's important to note that not all categories may be tracked since 1770. This table and visualization use the earliest available data for each category.



How to Calculate Inflation Rate for $1, 1770 to 1772

This inflation calculator uses the following inflation rate formula:

CPI in 1772CPI in 1770
×
1770 USD value
=
1772 USD value

Then plug in historical CPI values. The U.S. CPI was 8.2 in the year 1770 and 9.1 in 1772:

9.18.2
×
$1
=
$1.11

$1 in 1770 has the same "purchasing power" or "buying power" as $1.11 in 1772.

To get the total inflation rate for the 2 years between 1770 and 1772, we use the following formula:

CPI in 1772 - CPI in 1770CPI in 1770
×
100
=
Cumulative inflation rate (2 years)

Plugging in the values to this equation, we get:

9.1 - 8.28.2
×
100
=
11%

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 1770 → 1772 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 21 Aug. 2019, https://www.officialdata.org/1770-dollars-in-1772?amount=1.

Special thanks to QuickChart for providing downloadable chart images.


» Read more about inflation and investment.

Inflation from 1770 to 1772
Cumulative price change 10.98%
Average inflation rate 5.34%
Converted amount ($1 base) $1.11
Price difference ($1 base) $0.11
CPI in 1770 8.200
CPI in 1772 9.100
Inflation in 1770 7.89%
Inflation in 1772 16.67%
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