According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 1.36% per year. Prices in 2017 are 1778.0% higher than prices in 1800.
In other words, $20 in the year 1800 is equivalent in purchasing power to $375.61 in 2017, a difference of $355.61 over 217 years.
The inflation rate in 2017 was 1.99%.
|Cumulative price change||1778.05%|
|Average inflation rate||1.36%|
|Price difference ($20 base)||$355.61|
|CPI in 2017||244.786|
Politics and news often influence economic performance. Here's what was happening at the time:
Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (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: “$20 in 1800 → 2017 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 24 May. 2018, https://www.officialdata.org/1800-dollars-in-2017?amount=20.