If this number holds, $1 today will be equivalent in buying power to $1.06 next year. "75 Years of American Finance: A Graphic Presentation 1861-1935" This table and charts use the earliest available data for each category. [volume] (Richmond, Va.) 1842-1861, August 25, 1860, Image 2, brought to you by Library of Virginia; Richmond, VA, and the National Digital Newspaper Program. Shows weekly wages in 88 trades. The list was to be in effect only for the months of December 1863 and January 1864. This 1890 U.S. Census publication includes a, Includes flour, meats, dairy products, beans, etc. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. SOLD FEB 17, 2023. Slaves Weren't Worth $10 Trillion And We Don't Need A War To - Forbes SOLD FEB 10, 2023. You may use the following MLA citation for this page: $1 in 1800 2023 | Inflation Calculator. Official Inflation Data, Alioth Finance, 20 Feb. 2023, https://www.officialdata.org/us/inflation/1800?amount=1. Source: International Railway Congress, Shows fares for different classes of travel to. Affordable Mailing Solutions: How Much Is The Flag First Class Stamp Worth? If this number holds, $100 today will be equivalent in buying power to $106.41 next year. See Question #96 in this survey. See, Catalog briefly describes farms, land and mines for sale in Virginia, along with asking prices. Note: See also the "MULTIPLE" tab (above) for additional railroad fares. 2023, https://www.officialdata.org/us/inflation/1856?amount=1. (, Real estate catalog briefly describes and lists asking prices for sugar plantations cotton plantations and timber land in Louisiana. How much was 50 dollars in the 1800s? - financialcomplete.com Inflation data from 1634 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University and from the American Antiquarian Society. During the industrial revolution Eurasia used steam power, coal, and water for sources of energy. Data collected in the winter of 1869-1870. If this number holds, $1 today will be equivalent in buying power to $1.06 next year. How much was a 100 dollars worth in 1860? Source: Chapter describes the weekly wages for the average female grocer in New York, and the difficulties for workers to make rent. According to the diary of Elisha Hunt Rhodes, as a Union Corporal in late 1861 he received $13 per month wages, plus 30 cents per day for rations and 35 cents per day for "extra services" (whatever those are). Source: 1871 U.S. Bureau of Statistics. Find many great new & used options and get the best deals for VF MNH SC#50 1/2c black QV Jubilee at the best online prices at eBay! Henry Ford, Great Britain, and Andrew Carnegie had an ample supply of coal, allowing them to be the first to start the industrial revolution. Shows price of coffee, sugar and tallow candles by the pound; corn and wheat by the bushel and more for 1830, 1832, 1835, 1838, 1840, 1845, 1847, 1850, 1853, 1855, 1858, 1860 and 1862. This chart shows the average rate of inflation for select CPI categories between 1860 and 2023. Shows both men's and women's occupations. $1 in 1856 2023 | Inflation Calculator When $13 is equivalent to $468.58 over time, that means that the "real value" of a single U.S. dollar decreases over time. Ian earned his degree in Computer Science from Dartmouth College. (, Asking prices are sometimes included with descriptions of homes for sale in the classified ad sections of the, Woodward's home plan book includes images of home designs, along with, Catalog briefly describes properties for sale, with asking price. Average passenger fares in cents per mile. Shows annual average prices per head for 1860, 1861, 1862 and 1863. Catalytic converter thefts increased 1,215% between 2019 and 2022, according to the National Insurance Crime Bureau, due to the rising value of the metals they contain. This table and charts use the earliest available data for each category. in Alabama. The current inflation rate compared to last year is now 6.41%. Source: "Miscellaneous occupations" in. The dollar had an average inflation rate of 2.22% per year between 1860 and today, producing a cumulative price increase of 3,504.46%. $1 in 1800 is equivalent in purchasing power to about $23.74 today, an increase of $22.74 over 223 years. Wages depend on type of work, but the women work ten hours a day year-round. Pounds Sterling to Dollars: Historical Conversion of Currency For comparison, in the UK 1.00 in 1800 would be equivalent to 107.17 in 2023, an absolute change of 106.17 and a cumulative change of 10,616.68%. Special thanks to QuickChart for their chart image API, which is used for chart downloads. In other words, a dollar will pay for fewer items at the store. Provides explanations and charts to help users calculate the current value of historic dollar amounts. The dollar had an average inflation rate of 2.16% per year between 1856 and today, producing a cumulative price increase of 3,419.65%. Ian earned his degree in Computer Science from Dartmouth College. Tuition was abolishedduring these years;students paid a $5 matriculation fee. rpt., pp. The US dollar experienced two percent inflation on average in 2010. You may use the following MLA citation for this page: $13 in 1860 2023 | Inflation Calculator. Official Inflation Data, Alioth Finance, 4 Mar. $100 in 1860 is equivalent in purchasing power to about $3,604.46 today, an increase of $3,504.46 over 163 years. $1 in 1920 is equivalent in purchasing power to about $14.84 today, an increase of $13.84 over 102 years. [volume] (Staunton, Va.) 1860-1896 Search America's historic newspaper pages from 1777-1963 or use the U.S. Normally priced$100 to $165, on sale for discounted prices (, St. Louis to Springfield MO -- 70 for the first 10 words, and 7 for each additional word, St. Louis to St. Joseph MO -- "Over $1 for a message". The dollar had an average inflation rate of 2.22% per year between 1860 and today, producing a cumulative price increase of 3,504.46%. The dollar had an average inflation rate of 2.22% per year between 1860 and today, producing a cumulative price increase of 3,504.46%. In other words, a dollar will pay for fewer items at the store. Mostly covers manufacturing industries. Value of $12 from 1865 to 2021. $20 in 1876 worth today-whoatwherewhat When $25 is equivalent to $901.11 over time, that means that the "real value" of a single U.S. dollar decreases over time. Inflation data from 1634 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University and from the American Antiquarian Society. Today in Naval History - Naval / Maritime Events in History 19 September 1785 - Launch of French Fougueux, 74 gun Tmraire class Ship of the Line at Lorient Fougueux was a Tmraire class 74-gun French ship of the line built at Lorient from 1784 to 1785 by engineer Segondat. Includes land plus any buildings on the land. Stage coach ticket prices from Kansas to Denver, Salt Lake City, Idaho, Montana or California. Breaking down these categories helps explain the main drivers behind price changes. CPI is the weighted combination of many categories of spending that are tracked by the government. Opium was being purchased by the federal government (Office of Surgeon General, War Department) at, These products induced miscarriage in pregnant women. To get the total inflation rate for the 163 years between 1860 and 2023, we use the following formula: Plugging in the values to this equation, we get: Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (CPI), established in 1913. This means that today's prices are 36.04 times as high as average prices since 1860, according to the Bureau of Labor Statistics consumer price index. This means that today's prices are 36.04 times as high as average prices since 1860, according to the Bureau of Labor Statistics consumer price index. In the 1860s, the American Express Company was in the business of discreetly shipping valuable goods, jewelry, bank-notes, gold, silver over railroads or other rapid means of conveyance. received as a compensation is $ 25,494.75 today. This is a travel guide to Great Britain and Ireland, France, Belgium, Holland, Germany, Austria, Italy, Egypt, Syria, Turkey, Greece, Switzerland, Tyrol, Denmark, Norway, Sweden, Russia, Spain, and Portugal. Shows USDA estimates for the price of land by acre in NJ, NY, PA, DE, CT, RI and MA. This U.S. Bureau of Statistics publication also shows the value of crop sales by county. The dollar had an average inflation rate of 2.13% per year between 1862 and today, producing a cumulative price increase of 2,862.08%. By calculating the value in 1860 dollars, the chart below shows how $13 is worth less over 163 years. Shows monthly rent for 4-room and 6-room tenements. The data presented here is from Penny's book unless otherwise noted. 1867, Scotland - Carpenter and joiner wages, 1869, Sweden - Farming wages for male and female workers, 1866-1900, Body makers for carriages and wagons (1839-1898), Farm laborers - Harvest hands (1725-1898), Pressmen, printing and publishing (1834-1900), Sawyers, lumber & lumber products (1810-1900), Calculator: Present-day purchasing power of a historic dollar amount, "How Much is that in Real Money? Compare these values to the overall average of 2.22% per year: The graph below compares inflation in categories of goods over time. Special thanks to QuickChart for their chart image API, which is used for chart downloads. At the moment, you are looking at the conversion of 100 CAD when 1 CAD is valued at 10.51 NFTS. Source: Journal of the Royal Statistical Society, vol. 1865, Horses - Average price per head, 1867-1920, Railroad passenger fares by RR company, 1850-1897, Railroad passenger fares for lines in Pennsylvania - 1861, Emigrant price for RR ticket from NYC to Chicago, 1863, Railroad ticket price from Chicago to eastern cities, 1868, New York City to Tennessee - Route and rates, 1868, Stagecoach fares in western states, Summer 1865, New York to California - Steamship fare, 1865, New York to England - Steamship fare, 1865, Transportation prices from New York, 1865, Transportation rates in western states, 1865, San Francisco fares to other cities and countries, 1869, Retail prices before and after the Civil War - New England states, Food prices by U.S. region, state and territory, 1869, Provision and grocery prices - Alabama, 1867-1874, Grocery and provision prices - Arkansas, 1867 and 1869, Grocery and provision prices - Arizona, 1867 and 1869, Food and alcohol prices - San Francisco, 1863, Grocery and provision prices - California, 1867 and 1869, Grocery and provision prices - Colorado, 1867 and 1869, Grocery and provision prices - Connecticut, 1867 and 1869, Coffee, tea and sugar prices - Connecticut towns, 1860s, Retail food prices - Connecticut towns, 1851-1880, Grocery and provision prices - Dakota Territory, 1867 and 1869, Grocery and provision prices - Delaware, 1867 and 1869, Coffee, tea and sugar prices - Jacksonville FL, 1866-1880, Retail food prices - Jacksonville FL, 1866-1880, Grocery and provision prices - Georgia, 1867 and 1869, Grocery and provision prices - Iowa, 1867 and 1869, Coffee, tea and sugar prices - Cedar Rapids IA, 1860s, Grocery and provision prices - Idaho, 1867 and 1869, Grocery and provision prices - Illinois, 1867 and 1869, Retail food prices - Illinois, 1850s-1870s, Coffee, tea and sugar prices - Illinois towns, 1860s, Grain prices - McLean County Illinois, 1831-1860, Grocery and provision prices - Indiana, 1867 and 1869, Coffee, tea and sugar prices - Lawrenceburg IN, 1860s, Grocery and provision prices - Kansas, 1867 and 1869, Grocery and provision prices - Kentucky, 1867 and 1869, Grocery and provision prices - Louisiana, 1867 and 1869, Massachusetts - Prices of food and provisions, 1860, Grocery and provision prices - Massachusetts, 1867 and 1869, Coffee, tea and sugar prices - Massachusetts, 1860s, Grocery and provision prices - Maryland, 1867 and 1869, Coffee, tea and sugar prices - Baltimore, 1860s, Grocery and provision prices - Maine, 1867 and 1869, Grocery and provision prices - Michigan, 1867 and 1869, Grocery and provision prices - Minnesota, 1867 and 1869, Grocery and provision prices - Missouri, 1867 and 1869, Coffee, tea and sugar prices - Missouri, 1860s, Grocery and provision prices - Mississippi, 1867 and 1869, Grocery and provision prices - Montana, 1867 and 1869, Grocery and provision prices - North Carolina, 1867 and 1869, Grocery and provision prices - Nebraska, 1867 and 1869, Grocery and provision prices - New Hampshire, 1867 and 1869, Grocery and provision prices - New Jersey, 1867 and 1869, Coffee, tea and sugar prices - Jersey City, 1860s, Grocery and provision prices - New Mexico, 1867 and 1869, Grocery and provision prices - Nevada, 1867 and 1869, New York market - Prices of staple items, 1860-1863, New York City - Price of delivered milk, 1861, Beer and ale sold by the glass in NYC - Prices pre-1861, Food and provision prices in New York, 1825-1882, Grocery and provision prices - New York, 1867 and 1869, Coffee, tea and sugar prices - New York towns, 1860s, Grocery and provision prices - Ohio, 1867 and 1869, Coffee, tea and sugar prices - Ohio towns, 1860s, Grocery and provision prices - Oregon, 1867 and 1869, Grocery and provision prices - Pennsylvania, 1867 and 1869, Coffee, tea and sugar prices - Pennsylvania, 1860s, Grocery and provision prices - Rhode Island, 1867 and 1869, Grocery and provision prices - South Carolina, 1867 and 1869, Grocery and provision prices - Tennessee, 1867 and 1869, Coffee, tea and sugar prices - Nashville, 1860s, Grocery and provision prices - Texas, 1867 and 1869, Virginia - Prices of food and supplies, 1863-1864, Grocery and provision prices - Virginia, 1867 and 1869, Grocery and provision prices - Vermont, 1867 and 1869, Grocery and provision prices - Wisconsin, 1867 and 1869, Grocery and provision prices - West Virginia, 1867 and 1869, Coffee, tea and sugar prices - New Cumberland WV, 1860s, Average value of farm land and buildings per acre, 1860, Cost to operate a plantation in the American south after the Civil War, Tenements - Monthly rent by U.S. region, 1869, Land prices and farm rent in Alabama, 1869-1870, Real estate catalog listings for Alabama, 1866, Land prices and farm rent in Arkansas, 1869-1870, Real estate catalog listings for Arkansas, 1866, Land prices and farm rent in Arizona Territory, 1869-1870, Land prices and farm rent in California, 1869-1870, California farm value by county, 1850-1982, Land prices and farm rent in Colorado, 1869-1870, Land price, commissions and fees under the Homestead Act, Connecticut farm value by county, 1850-1982, Boarding house rates - Prices for female lodgers, 1860s, Land prices and farm rent in Dakota, 1869-1870, Washington DC houses for sale and rent, 1865, House rents in Wilmington, Delaware, 1862, Land prices and farm rent in Florida, 1869-1870, Land prices and farm rent in Georgia, 1869-1870, Real estate catalog listings for Georgia, 1866, House rents in Cedar Rapids, Iowa, 1861-1880, Land prices and farm rent in Iowa, 1869-1870, Land prices and farm rent in Idaho, 1869-1870, Land prices and farm rent in Illinois, 1869-1870, Land prices and farm rent in Indiana, 1869-1870, House rents in Louisville Kentucky, 1856-1880, Land prices and farm rent in Kentucky, 1869-1870, Real estate catalog prices in Kentucky, 1866, Advertised house and land prices in Louisiana, 1866, Land prices and farm rent in Louisiana, 1869-1870, Louisiana farm value by county, 1850-1982, Land prices and farm rent in Maryland, 1869-1870, Real estate catalog listings for Maryland, 1866, Rents for tenements in Massachusetts, 1860, Massachusetts farm value by county, 1850-1982, Land prices and farm rent in Michigan, 1869-1870. 7 1. 33, p. 157. Shows prices for shirtings, sheetings, tickings, cotton flannel, prints, satinets and more. Newspaper Directory to find information about American newspapers published between 1690-present. The list was to be in effect only for the months of December 1863 and January 1864. The current inflation rate page gives more detail on the latest inflation rates. 2023, https://www.officialdata.org/1860-dollars-in-2017?amount=13. Source: Shows the lowest and highest prices of 25 foods and provisions in NYC over 56 years between 1825-1882. Source: Investigation relative to wages and prices of commodities, This table shows average prices for wheat, rye, barley, and oats in Sweden for 1836 to 1900. The quantity of salt is given in seers. Woodward's cottages and farm houses, Source: 1873 Victorian year-book, an Australian government publication. When $1 is equivalent to $23.74 over time, that means that the "real value" of a single U.S. dollar decreases over time. "It has been agreed to transport immigrants at the rate of two cents per mile" in, Includes CA, NV, UT, AZ, OR, ID, WA, MT, etc. Prices for oxen, horses, mules, milk cows, sheep and hogs appear at the the end of each state's section. This source also shows the number of people in each state/territory working in each occupation. Using the 2 Stage Free Cash Flow to Equity, Macmahon Holdings fair value estimate is AU$0.26 Macmahon Holdings is estimated to be 37% undervalued based on current share price of AU$0.16 Analyst . Shows the average weekly cash wages of ordinary labor on 33 farms throughout England and Wales (. The dollar had an average inflation rate of 2.22% per year between 1860 and today, producing a cumulative price increase of 3,504.46%. How much was $10 dollars worth in 1860? Shows prices for food, soap, firewood and coal. How much was $40000 worth in 1869? $1,000,000 in 1860 is equivalent in purchasing power to about $33,323,975.90 today, an increase of $32,323,975.90 over 161 years. In 1860, slaves represented about 16 percent of the total household assetsthat is, all the wealthin the entire country, which in today's terms is a stunning $10 trillion. $300 in 1860 is equivalent in purchasing power to about $10,813.37 today, an increase of $10,513.37 over 163 years. 248-250. How Much Was A Dollar In 1850? - Science Topics This table and charts use the earliest available data for each category. of a slave ranged from $60,000 (in 1809) to $184,000 (in 1859). Lists all individuals employed by the Steam Fire Department along with job titles and monthly salaries for each man. How Much is an Indian Head Penny 1907 Worth? This table shows the average retail price for families of food items including butter beef, sugar, and more in New Jersey. There is a. See prices it paid in an appendix of. In other words, a dollar will pay for fewer items at the store. A $2,000,000 dollar investment in 1800 equals $43,423,333 dollars. Source: Many tables in this extensive section include a column showing average wages for various occupations in Great Britain or England, usually for the years 1866, 1867 or 1868. According to this source, Previous to the war the price per glass of ale or beer, containing fully one-third more than the glasses in use [in 1870] was six cents." The economy of Scotland is an open mixed economy which, in 2020, had an estimated nominal gross domestic product (GDP) of $205 billion including oil and gas extraction in Scottish waters. Ian earned his degree in Computer Science from Dartmouth College. To get the total inflation rate for the 161 years between 1862 and 2023, we use the following formula: Plugging in the values to this equation, we get: Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (CPI), established in 1913. Vraag een gratis zoekopdracht aan voor dit collector's item.. Kwaliteit ZF. by STATE Source: Report from the Special Commissioner of the Revenue, U.S. Dept of Treasury. How much was $13 dollars worth in 1863? This table spans pages 104-105 in the book and 1860s rent data falls on, Real estate catalog briefly describes land for sale, with asking prices. Source: Congressional report, Shows the average monthly salaries of teachers by county in California as well as various metrics on each county's school. Annual Rate, the Bureau of Labor Statistics CPI. Yearly consumption per inhabitant for wheat and rye can be found in. For comparison, in the UK 300.00 in 1860 would be equivalent to 46,669.40 in 2023, an absolute change of 46,369.40 and a cumulative change of 15,456.47%. Average prices for various foods, provisions, fuels, dry goods, boots, rent and board. If you have a flag stamp from the 1940s, it could be worth up to several hundred dollars. 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: This conversion table shows various other 1860 amounts in today's dollars, based on the 3,504.46% change in prices: Inflation can also vary widely by country. You may use the following MLA citation for this page: $25 in 1860 2023 | Inflation Calculator. Official Inflation Data, Alioth Finance, 2 Mar. Compares wages in MA to that of Great Britain (abbreviated G.B. This chart shows the average rate of inflation for select CPI categories between 1860 and 2023. For Sale: 2 beds, 1 bath 935 sq. To get the total inflation rate for the 163 years between 1860 and 2023, we use the following formula: Plugging in the values to this equation, we get: Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (CPI), established in 1913. $1 in 1862 is equivalent in purchasing power to about $29.62 today, an increase of $28.62 over 161 years. in the tables. $10 in 1860 is equivalent in purchasing power to about $346.39 today, an increase of $336.39 over 162 years. Catalog lists prices in British currency. Altogether that adds up to an extra $20 a month. Ian earned his degree in Computer Science from Dartmouth College. The U.S. dollar has lost 97% its value since 1830. The current inflation rate compared to last year is now 6.41%. The dollar had an average inflation rate of 1.82% per year between 1830 and today, producing a cumulative price increase of 3,151.85%. The U.S. CPI was 12.6 in the year 1800 and 299.17 in 2023: $1 in 1800 has the same "purchasing power" or "buying power" as $23.74 in 2023. Afro Eurasia essay.pdf - The Railroads played a vital role The current inflation rate compared to last year is now 6.41%. TRANSPORTATION (, Shows rent for 4-room and 6-room houses. Itemizes the costs of running a large plantation. Source: Shows average annual prices (in cents) of cotton, cotton yarn, and cotton cloth. Women were paid per skate produced, and averaged 50 cents a day. For example, if you started with $100, you would need to end with $3,604.46 in order to "adjust" for inflation (sometimes refered to as "beating inflation"). 1800's HAMBURG GERMANY LOT MINT & USED STAMPS #2 Verenigde Staten. A dollar today only buys 2.841% of what it could buy back then. This chart shows the average rate of inflation for select CPI categories between 1859 and 1860. For example, if you started with $13, you would need to end with $468.58 in order to "adjust" for inflation (sometimes refered to as "beating inflation"). Our site focuses on retail rather than wholesale prices, but it can be a challenge to find retail prices during the Civil War. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. How much was $10 dollars worth in 1860? - Quick-Advices The dollar had an average inflation rate of 1.40% per year between 1800 and today, producing a cumulative price increase of 2,077.06%. 1867, Real estate catalog listings in New York, 1866, Prices of building materials and construction labor in New York, 1869, Land prices and farm rent in Ohio, 1869-1870, Ohio farm real estate value by county, 1850-1982, Real estate catalog listings in Ohio, 1866, Land prices and farm rent in Oregon, 1869-1870, Oregon farm real estate values by county, 1850-1982, Land prices and farm rent in Pennsylvania, 1869-1870, Pennsylvania farm real estate values by county, 1850-1982, Land prices - Northeast US, 1860 and 1867, Rhode Island farm real estate values by county, 1850-1982, Real estate catalog listings in South Carolina, 1866, Land prices and farm rent in South Carolina, 1869-1870, South Carolina farm real estate values by county, 1850-1982, Tenement rent - South Carolina, 1867-1874, Land prices and farm rent in Tennessee, 1869-1870, Tennessee farm real estate values by county, 1850-1982, Real estate catalog listings in Tennessee, 1866, Land prices and farm rent in Texas, 1869-1870, Texas farm real estate values by county, 1850-1982, Land prices and farm rent in Virginia, 1869-1870, Real estate catalog listings in Virginia, 1866, Virginia farm real estate values by county, 1850-1982, Vermont farm real estate values by county, 1850-1982, Land prices and farm rent in Washington Territory, 1869-1870, Washington Territory farm real estate values, 1850-1982, Land prices and farm rent in Wisconsin, 1869-1870, Wisconsin farm real estate values by county, 1850-1982, Land prices by county in West Virginia, late 1860s, Land prices and farm rent in West Virginia, 1869-1870, Farm real estate values by county in West Virginia, 1850-1982, Timber land prices in West Virginia, 1866, Prices of farm implements, machinery and tools, 1860, Cook stove, heat radiator and furnace prices - 1868, Men's boot prices by city/town, 1850s-1870s, Prices of cows, calves, sheep, lambs and hogs, 1860-1863, Farm animal prices in western states, 1867, Farm animal prices by state and county - 1869-1870, Horse and mule prices in Virginia, 1863-1864, Cost to send a letter by Pony Express, 1860-1861, Postage rates for letters mailed in the U.S., 1792-1863, Cost to mail a letter from US to foreign countries, 1865, Medical colleges in the United States - Fees for the 1861-1862 session, University of the Pacific (San Francisco), College of Physicians and Surgeons at Columbia College, New York Medical College and Charity Hospital, Cincinnati College of Medicine and Surgery, Photographs - Cost to have a portrait made, 1862, Chess figures and playing cards - Retail prices, 1864, Medicine and other drug store item prices, 1867, Opium - Prices paid by federal government, 1840-1891, Sir James Clarke's Celebrated Female Pills, Madame Boivin Celebrated Silver-Coated Female Pills, Dr. Young's French Lunar or Female Monthly Pills, Artificial arms, legs, feet, etc. Source: 1890 Census. How much was $13 a month in 1860? 100,000 in 1860 is equivalent in purchasing power to about 15,556,468.00 today, an increase of 15,456,468.00 over 163 years. In addition to telling the price range for land (improved and unimproved), each county also reported whether or not it still had government land available through the, Shows house rents in St. Louis back to 1851, and in Pilot Knob (Cooper County) back to 1858. Source: Mass. Source: Shows fares between San Francisco and England, Canada, Panama, Mexico, etc. Ian Webster is an engineer and data expert based in San Mateo, California. These prices come from estimates by the Department of Agriculture. How much was $50 1860? This chart shows the average rate of inflation for select CPI categories between 1862 and 2023. This effect explains how inflation erodes the value of a dollar over time. How about coffee, a subject near and dear to me. This effect explains how inflation erodes the value of a dollar over time. A dollar today only buys 2.774% of what it could buy back then. To get the total inflation rate for the 163 years between 1860 and 2023, we use the following formula: Plugging in the values to this equation, we get: Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (CPI), established in 1913.