$30 in 1787 → $762.26 in 2017

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U.S. Inflation Rate, $30 in 1787 to 2017

According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 1.42% per year. Prices in 2017 are 2440.9% higher than prices in 1787.

In other words, $30 in 1787 is equivalent in purchasing power to $762.26 in 2017, a difference of $732.26 over 230 years.

The inflation rate in 2017 was 1.99%.

Inflation from 1787 to 2017
Cumulative price change 2440.87%
Average inflation rate 1.42%
Converted amount ($30 base) $762.26
Price difference ($30 base) $732.26
CPI in 2017 244.786


U.S. inflation chart since 1665


Inflation rates for specific categories

Housing · Airline fares · Gasoline (all types) · More

Inflation-adjusted measures

S&P 500 price · S&P 500 earnings · Shiller P/E

News headlines from 1787

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

  • Eleven ships of criminals set sails to Botany Bay, Australia, led by Arthur Philip
  • Delegates gather in Philadelphia in order to prepare and compose the US Constitution
  • Children under 8 banned from labour by Austrian emperor Jozef II

Inflation Data Source

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: “$30 in 1787 → 2017 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 15 Jun. 2018, https://www.officialdata.org/1787-dollars-in-2017?amount=30.


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