Why a dollar today is worth only 5% of a dollar in 1800
$100 in 1800 is equivalent in purchasing power to about $2,205.94 today, an increase of $2,105.94 over 222 years. The dollar had an average inflation rate of 1.40% per year between 1800 and today, producing a cumulative price increase of 2,105.94%.
$1 in 1860 is worth $33.49 today
$1 in 1860 is equivalent in purchasing power to about $33.49 today, an increase of $32.49 over 162 years. The dollar had an average inflation rate of 2.19% per year between 1860 and today, producing a cumulative price increase of 3,248.77%. ... The inflation rate in 1860 was 0.00%.
A four-room house in most eastern cities ran about $4.50 per month. Outside of the city, land cost around $3 to $5 an acre. Then, as now, a lot of a household's budget went to food.
A loaf of Bread for a penny in 1880 – MeasuringWorth.
A $10,000 house in 1890 would be worth almost the same in real dollars in 2010 but more than $350,000 in nominal dollars in 2010.
$1,000,000 in 1800 is worth $22,059,365.08 today
$1,000,000 in 1800 is equivalent in purchasing power to about $22,059,365.08 today, an increase of $21,059,365.08 over 222 years. The dollar had an average inflation rate of 1.40% per year between 1800 and today, producing a cumulative price increase of 2,105.94%.
$0.50 in 1800 is worth $11.03 today
$0.50 in 1800 is equivalent in purchasing power to about $11.03 today, an increase of $10.53 over 222 years.
$2 in 1870 is worth $42.43 today
$2 in 1870 is equivalent in purchasing power to about $42.43 today, an increase of $40.43 over 152 years. The dollar had an average inflation rate of 2.03% per year between 1870 and today, producing a cumulative price increase of 2,021.74%.
$100 in 1890 is worth $3,054.37 today
$100 in 1890 is equivalent in purchasing power to about $3,054.37 today, an increase of $2,954.37 over 131 years. The dollar had an average inflation rate of 2.64% per year between 1890 and today, producing a cumulative price increase of 2,954.37%.
$1 in 1850 is worth $35.63 today
$1 in 1850 is equivalent in purchasing power to about $35.63 today, an increase of $34.63 over 172 years. The dollar had an average inflation rate of 2.10% per year between 1850 and today, producing a cumulative price increase of 3,463.44%.
$5 in 1900 is worth $165.45 today
The inflation rate in 1900 was 1.20%. The current year-over-year inflation rate (2021 to 2022) is now 6.81%. If this number holds, $5 today will be equivalent in buying power to $5.34 next year.
Wheat per bushel $1.02 Horse, average work horse $150 Flour per barrel $3.00 Horse, good saddle horse $200 Corn per bushel 40 cents . Molasses, gallon 15 cents Saddle $30 Mess pork per barrel $9 cowboy saddle $60 Mess beef per barrel $8 Harness $50 Lard per pound 6 cents .
a loaf of bread: 7 cents. a dozen eggs: 34 cents. a quart of milk: 9 cents. a pound of steak: 26 cents.
$5 in 1870 is equivalent in purchasing power to about $105.57 today, an increase of $100.57 over 151 years. The dollar had an average inflation rate of 2.04% per year between 1870 and today, producing a cumulative price increase of 2,011.37%.
Why a pound today is worth only 0.788% of a pound in 1870
£100 in 1870 is equivalent in purchasing power to about £12,682.89 today, an increase of £12,582.89 over 152 years. The pound had an average inflation rate of 3.24% per year between 1870 and today, producing a cumulative price increase of 12,582.89%.
In the west US it was possible to buy a horse for as little as $10, but a decent riding equine cost around $150, with a range of $120 (1861) to $185 (1865).