$2,000 in 1870 → $37,055.03 in 2018

Inflation Calculator

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U.S. Inflation Rate, $2,000 in 1870 to 2018

According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 1.99% per year. Prices in 2018 are 1,752.75% higher than prices in 1870.

In other words, $2,000 in 1870 is equivalent in purchasing power to $37,055.03 in 2018, a difference of $35,055.03 over 148 years.

The current inflation rate is now 2.87%1. If this number holds, $2,000 today will be equivalent to $2,057.43 next year. The current inflation rate page gives more detail on the latest official inflation rates.

Inflation from 1870 to 2018
Cumulative price change 1752.75%
Average inflation rate 1.99%
Converted amount ($2,000 base) $37,055.03
Price difference ($2,000 base) $35,055.03
CPI in 2018 251.989


U.S. inflation chart since 1665


CPI is the weighted combination of many categories. This chart shows the average rate of inflation for select CPI categories between 1870 and 2018.

Compare these values to the overall average of 1.99% per year:

Category Avg Inflation (%) $2,000 in 1870 → 2018
Food 3.13 191,821.71
Shelter 4.09 759,122.99
Energy 3.88 560,112.69
Apparel 2.06 40,888.80
New vehicles 1.05 9,437.78
Used cars and trucks 0.61 4,948.78
Transportation services 3.35 260,545.25
Medical care services 5.11 3,176,830.51
Medical care commodities 4.29 1,001,141.37

It's important to note that not all categories may be tracked since 1870. This table and visualization use the earliest available data for each category.


Inflation rates for specific categories

Fresh fruits · Housing · Indoor plants and flowers · More

Inflation-adjusted measures

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

Buying power of $2,000 since 1870

This chart shows calculations of buying power equivalence over time for $2,000 in 1870 (price index tracking began in 1913).

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 USD Value Inflation Rate
1870 $2,000.00 -
1871 $1,861.11 -6.94%
1872 $1,861.11 0.00%
1873 $1,833.33 -1.49%
1874 $1,750.00 -4.55%
1875 $1,666.67 -4.76%
1876 $1,638.89 -1.67%
1877 $1,611.11 -1.69%
1878 $1,527.78 -5.17%
1879 $1,527.78 0.00%
1880 $1,583.33 3.64%
1881 $1,583.33 0.00%
1882 $1,583.33 0.00%
1883 $1,555.56 -1.75%
1884 $1,500.00 -3.57%
1885 $1,472.22 -1.85%
1886 $1,444.44 -1.89%
1887 $1,444.44 0.00%
1888 $1,444.44 0.00%
1889 $1,416.67 -1.92%
1890 $1,388.89 -1.96%
1891 $1,388.89 0.00%
1892 $1,388.89 0.00%
1893 $1,388.89 0.00%
1894 $1,305.56 -6.00%
1895 $1,305.56 0.00%
1896 $1,305.56 0.00%
1897 $1,277.78 -2.13%
1898 $1,277.78 0.00%
1899 $1,277.78 0.00%
1900 $1,305.56 2.17%
1901 $1,305.56 0.00%
1902 $1,305.56 0.00%
1903 $1,361.11 4.26%
1904 $1,361.11 0.00%
1905 $1,361.11 0.00%
1906 $1,388.89 2.04%
1907 $1,444.44 4.00%
1908 $1,416.67 -1.92%
1909 $1,388.89 -1.96%
1910 $1,444.44 4.00%
1911 $1,444.44 0.00%
1912 $1,472.22 1.92%
1913 $1,455.80 -1.12%
1914 $1,470.50 1.01%
1915 $1,485.21 1.00%
1916 $1,602.85 7.92%
1917 $1,882.24 17.43%
1918 $2,220.46 17.97%
1919 $2,543.97 14.57%
1920 $2,941.00 15.61%
1921 $2,632.20 -10.50%
1922 $2,470.44 -6.15%
1923 $2,514.56 1.79%
1924 $2,514.56 0.00%
1925 $2,573.38 2.34%
1926 $2,602.79 1.14%
1927 $2,558.67 -1.69%
1928 $2,514.56 -1.72%
1929 $2,514.56 0.00%
1930 $2,455.74 -2.34%
1931 $2,235.16 -8.98%
1932 $2,014.59 -9.87%
1933 $1,911.65 -5.11%
1934 $1,970.47 3.08%
1935 $2,014.59 2.24%
1936 $2,044.00 1.46%
1937 $2,117.52 3.60%
1938 $2,073.41 -2.08%
1939 $2,044.00 -1.42%
1940 $2,058.70 0.72%
1941 $2,161.64 5.00%
1942 $2,396.92 10.88%
1943 $2,543.97 6.13%
1944 $2,588.08 1.73%
1945 $2,646.90 2.27%
1946 $2,867.48 8.33%
1947 $3,279.22 14.36%
1948 $3,543.91 8.07%
1949 $3,499.79 -1.24%
1950 $3,543.91 1.26%
1951 $3,823.30 7.88%
1952 $3,896.83 1.92%
1953 $3,926.24 0.75%
1954 $3,955.65 0.75%
1955 $3,940.94 -0.37%
1956 $3,999.76 1.49%
1957 $4,132.11 3.31%
1958 $4,249.75 2.85%
1959 $4,279.16 0.69%
1960 $4,352.69 1.72%
1961 $4,396.80 1.01%
1962 $4,440.92 1.00%
1963 $4,499.74 1.32%
1964 $4,558.56 1.31%
1965 $4,632.08 1.61%
1966 $4,764.43 2.86%
1967 $4,911.48 3.09%
1968 $5,117.35 4.19%
1969 $5,396.74 5.46%
1970 $5,705.55 5.72%
1971 $5,955.53 4.38%
1972 $6,146.70 3.21%
1973 $6,529.03 6.22%
1974 $7,249.57 11.04%
1975 $7,911.30 9.13%
1976 $8,367.15 5.76%
1977 $8,911.24 6.50%
1978 $9,587.67 7.59%
1979 $10,675.84 11.35%
1980 $12,116.93 13.50%
1981 $13,366.86 10.32%
1982 $14,190.34 6.16%
1983 $14,646.20 3.21%
1984 $15,278.51 4.32%
1985 $15,822.60 3.56%
1986 $16,116.70 1.86%
1987 $16,704.90 3.65%
1988 $17,396.04 4.14%
1989 $18,234.22 4.82%
1990 $19,219.46 5.40%
1991 $20,028.23 4.21%
1992 $20,631.14 3.01%
1993 $21,248.75 2.99%
1994 $21,792.84 2.56%
1995 $22,410.45 2.83%
1996 $23,072.17 2.95%
1997 $23,601.55 2.29%
1998 $23,969.18 1.56%
1999 $24,498.56 2.21%
2000 $25,322.04 3.36%
2001 $26,042.59 2.85%
2002 $26,454.33 1.58%
2003 $27,057.23 2.28%
2004 $27,777.78 2.66%
2005 $28,718.90 3.39%
2006 $29,645.31 3.23%
2007 $30,489.68 2.85%
2008 $31,660.34 3.84%
2009 $31,547.70 -0.36%
2010 $32,065.17 1.64%
2011 $33,077.32 3.16%
2012 $33,761.84 2.07%
2013 $34,256.37 1.46%
2014 $34,812.07 1.62%
2015 $34,853.39 0.12%
2016 $35,293.07 1.26%
2017 $35,995.82 1.99%
2018 $37,055.03 2.94%*
* Not final. See inflation summary for latest details.

News headlines from 1870

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

  • New York begins building the Brooklyn Bridge (the bridge is completed in 1883).
  • Austria inaugurates Wiener Musikverein, also known as the Great Hall, in Vienna.
  • The Carson City mint, in Nevada, starts issuing coins.

Inflation can vary widely by country. For comparison, in the UK £2,000.00 in 1870 would be equivalent to £231,215.13 in 2018, an absolute change of £229,215.13 and a cumulative change of 11,560.76%.

Compare these numbers to the US's absolute change of $35,055.03 and percent change of 1,752.75%.


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: “$2,000 in 1870 → 2018 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 17 Jul. 2018, https://www.officialdata.org/1870-dollars-in-2018?amount=2000.


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