$2,000,000 in 1855 → $55,494,529.73 in 2018

Inflation Calculator

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U.S. Inflation Rate, $2,000,000 in 1855 to 2018

According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 2.06% per year. Prices in 2018 are 2674.7% higher than prices in 1855.

In other words, $2,000,000 in 1855 is equivalent in purchasing power to $55,494,529.73 in 2018, a difference of $53,494,529.73 over 163 years.

The current inflation rate is now 2.80%1. If this number holds, $2,000,000 today will be equivalent to $2,056,020.23 next year. The current inflation rate page gives more detail on the latest official inflation rates.

Inflation from 1855 to 2018
Cumulative price change 2674.73%
Average inflation rate 2.06%
Converted amount ($2,000,000 base) $55,494,529.73
Price difference ($2,000,000 base) $53,494,529.73
CPI in 2018 251.59


U.S. inflation chart since 1665


Inflation rates for specific categories

Medical care · Bananas · Indoor plants and flowers · More

Inflation-adjusted measures

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

Here are calculations of buying power over time for $2,000,000 in 1855 (price index tracking began in 1913). Each of these USD amounts below is equivalent in terms of what it could buy at the time:
Year USD Value Inflation Rate
1855 $2,000,000.00 -
1856 $1,958,333.33 -2.08%
1857 $2,000,000.00 2.13%
1858 $1,916,666.67 -4.17%
1859 $1,916,666.67 0.00%
1860 $1,916,666.67 0.00%
1861 $2,041,666.67 6.52%
1862 $2,333,333.33 14.29%
1863 $2,875,000.00 23.21%
1864 $3,625,000.00 26.09%
1865 $3,750,000.00 3.45%
1866 $3,666,666.67 -2.22%
1867 $3,416,666.67 -6.82%
1868 $3,250,000.00 -4.88%
1869 $3,125,000.00 -3.85%
1870 $3,000,000.00 -4.00%
1871 $2,791,666.67 -6.94%
1872 $2,791,666.67 0.00%
1873 $2,750,000.00 -1.49%
1874 $2,625,000.00 -4.55%
1875 $2,500,000.00 -4.76%
1876 $2,458,333.33 -1.67%
1877 $2,416,666.67 -1.69%
1878 $2,291,666.67 -5.17%
1879 $2,291,666.67 0.00%
1880 $2,375,000.00 3.64%
1881 $2,375,000.00 0.00%
1882 $2,375,000.00 0.00%
1883 $2,333,333.33 -1.75%
1884 $2,250,000.00 -3.57%
1885 $2,208,333.33 -1.85%
1886 $2,166,666.67 -1.89%
1887 $2,166,666.67 0.00%
1888 $2,166,666.67 0.00%
1889 $2,125,000.00 -1.92%
1890 $2,083,333.33 -1.96%
1891 $2,083,333.33 0.00%
1892 $2,083,333.33 0.00%
1893 $2,083,333.33 0.00%
1894 $1,958,333.33 -6.00%
1895 $1,958,333.33 0.00%
1896 $1,958,333.33 0.00%
1897 $1,916,666.67 -2.13%
1898 $1,916,666.67 0.00%
1899 $1,916,666.67 0.00%
1900 $1,958,333.33 2.17%
1901 $1,958,333.33 0.00%
1902 $1,958,333.33 0.00%
1903 $2,041,666.67 4.26%
1904 $2,041,666.67 0.00%
1905 $2,041,666.67 0.00%
1906 $2,083,333.33 2.04%
1907 $2,166,666.67 4.00%
1908 $2,125,000.00 -1.92%
1909 $2,083,333.33 -1.96%
1910 $2,166,666.67 4.00%
1911 $2,166,666.67 0.00%
1912 $2,208,333.33 1.92%
1913 $2,183,695.08 -1.12%
1914 $2,205,752.60 1.01%
1915 $2,227,810.13 1.00%
1916 $2,404,270.34 7.92%
1917 $2,823,363.33 17.43%
1918 $3,330,686.43 17.97%
1919 $3,815,952.00 14.57%
1920 $4,411,505.21 15.61%
1921 $3,948,297.16 -10.50%
1922 $3,705,664.37 -6.15%
1923 $3,771,836.95 1.79%
1924 $3,771,836.95 0.00%
1925 $3,860,067.05 2.34%
1926 $3,904,182.11 1.14%
1927 $3,838,009.53 -1.69%
1928 $3,771,836.95 -1.72%
1929 $3,771,836.95 0.00%
1930 $3,683,606.85 -2.34%
1931 $3,352,743.96 -8.98%
1932 $3,021,881.07 -9.87%
1933 $2,867,478.38 -5.11%
1934 $2,955,708.49 3.08%
1935 $3,021,881.07 2.24%
1936 $3,065,996.12 1.46%
1937 $3,176,283.75 3.60%
1938 $3,110,111.17 -2.08%
1939 $3,065,996.12 -1.42%
1940 $3,088,053.64 0.72%
1941 $3,242,456.33 5.00%
1942 $3,595,376.74 10.88%
1943 $3,815,952.00 6.13%
1944 $3,882,124.58 1.73%
1945 $3,970,354.69 2.27%
1946 $4,301,217.58 8.33%
1947 $4,918,828.30 14.36%
1948 $5,315,863.77 8.07%
1949 $5,249,691.19 -1.24%
1950 $5,315,863.77 1.26%
1951 $5,734,956.77 7.88%
1952 $5,845,244.40 1.92%
1953 $5,889,359.45 0.75%
1954 $5,933,474.50 0.75%
1955 $5,911,416.98 -0.37%
1956 $5,999,647.08 1.49%
1957 $6,198,164.81 3.31%
1958 $6,374,625.02 2.85%
1959 $6,418,740.07 0.69%
1960 $6,529,027.70 1.72%
1961 $6,595,200.28 1.01%
1962 $6,661,372.86 1.00%
1963 $6,749,602.96 1.32%
1964 $6,837,833.07 1.31%
1965 $6,948,120.70 1.61%
1966 $7,146,638.43 2.86%
1967 $7,367,213.69 3.09%
1968 $7,676,019.06 4.19%
1969 $8,095,112.05 5.46%
1970 $8,558,320.10 5.72%
1971 $8,933,298.04 4.38%
1972 $9,220,045.88 3.21%
1973 $9,793,541.56 6.22%
1974 $10,874,360.33 11.04%
1975 $11,866,949.00 9.13%
1976 $12,550,732.31 5.76%
1977 $13,366,860.77 6.50%
1978 $14,381,506.97 7.59%
1979 $16,013,763.90 11.35%
1980 $18,175,401.45 13.50%
1981 $20,050,291.16 10.32%
1982 $21,285,512.62 6.16%
1983 $21,969,295.92 3.21%
1984 $22,917,769.54 4.32%
1985 $23,733,898.01 3.56%
1986 $24,175,048.53 1.86%
1987 $25,057,349.57 3.65%
1988 $26,094,053.29 4.14%
1989 $27,351,332.27 4.82%
1990 $28,829,186.52 5.40%
1991 $30,042,350.45 4.21%
1992 $30,946,709.02 3.01%
1993 $31,873,125.11 2.99%
1994 $32,689,253.57 2.56%
1995 $33,615,669.67 2.83%
1996 $34,608,258.34 2.95%
1997 $35,402,329.27 2.29%
1998 $35,953,767.43 1.56%
1999 $36,747,838.36 2.21%
2000 $37,983,059.82 3.36%
2001 $39,063,878.60 2.85%
2002 $39,681,489.32 1.58%
2003 $40,585,847.89 2.28%
2004 $41,666,666.67 2.66%
2005 $43,078,348.33 3.39%
2006 $44,467,972.47 3.23%
2007 $45,734,515.62 2.85%
2008 $47,490,515.26 3.84%
2009 $47,321,554.61 -0.36%
2010 $48,097,758.96 1.64%
2011 $49,615,978.47 3.16%
2012 $50,642,756.31 2.07%
2013 $51,384,550.91 1.46%
2014 $52,218,104.82 1.62%
2015 $52,280,086.47 0.12%
2016 $52,939,606.49 1.26%
2017 $53,993,735.66 1.99%
2018 $55,494,529.73 2.78%*
* Not final. See inflation summary for latest details.

News headlines from 1855

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

  • David Livingstone visits the Victoria Falls, becoming the first European to see it.
  • Henry John Temple, Third Viscount Palmerston, forms a British government.
  • A train passes a railway suspension bridge at the Niagara Falls, US for the first time.
  • Kerosene is patented by Abraham Gesner.

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: “$2,000,000 in 1855 → 2018 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 15 Jun. 2018, https://www.officialdata.org/1855-dollars?amount=2000000.


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