$66 in 1864 → $963.87 in 2016

Inflation Calculator


U.S. Inflation Rate, 1864-2016 ($66)

According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 1.78% per year. Prices in 2016 are 1360.4% higher than prices in 1864.

In other words, $66 in the year 1864 is equivalent in purchasing power to $963.87 in 2016, a difference of $897.87 over 152 years.

The inflation rate in 2016 was 1.26%.

Inflation from 1864 to 2016
Cumulative price change 1360.41%
Average inflation rate 1.78%
Price difference ($66 base) $897.87
CPI in 2016 240.007

U.S. inflation chart since 1665

Inflation rates for specific categories

Bread · Bananas · Airline fares · More

Inflation-adjusted measures

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

News headlines from 1864

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

  • Battle or Gate Pa occurs, where the British suffer their worst defeat of the New Zealand Wars by 230 entrenched Maori warriors in Tauranga
  • The first Geneva Convention, that governed rules of warfare, is signed by 26 nations.
  • Formal establishment of Thanksgiving as a national holiday by President Lincoln.

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: “$66 in 1864 → 2016 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 26 May. 2018, https://www.officialdata.org/1864-dollars-in-2016?amount=66.

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