According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 2.76% per year. Prices in 2017 are 2657.1% higher than prices in 1895.
In other words, $100 in 1895 is equivalent in purchasing power to $2,757.13 in 2017, a difference of $2,657.13 over 122 years.
The inflation rate in 2017 was 1.99%.
|Cumulative price change||2657.13%|
|Average inflation rate||2.76%|
|Converted amount ($100 base)||$2,757.13|
|Price difference ($100 base)||$2,657.13|
|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: “$100 in 1895 → 2017 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 13 Jun. 2018, https://www.officialdata.org/1895-dollars-in-2017?amount=100.