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Consumer Price Index (Estimate) 1800-2008

Source:
Handbook of Labor Statistics
U.S. Department of Labor
Bureau of Labor Statistics

Indexes from 1800 to 1912 and 2008 estimated by splicing the following series:

1800 to 1851 — Index of Prices Paid by Vermont Farmers for Family Living;
1851 to 1890 — Consumer Price Index by Ethel D. Hoover;
1890 to 1912 Cost of Living Index by Albert Rees;
2008 — An estimate for 2008 is based on the change in the CPI from fourth quarter 2006 to fourth quarter 2007.

To calculate the change in prices, use the formula from the example below:

What is $1 in 1850 worth in 2008?

2008 Price = 1850 Price x (2008 CPI / 1850 CPI)
2008 Price = $1 x (645.4 / 25)
2008 Price = $24.71

$1 in 1850 is worth $25.82 in 2008.

CPI-U
1967 = 100

Year

Annual Average

Annual Percent Change
(rate of inflation)

1800

51

--

1801

50

-2.0

1802

43

-14.0

1803

45

4.7

1804

45

0.0

1805

45

0.0

1806

47

4.4

1807

44

-6.4

1808

48

9.1

1809

47

-2.1

1810

47

0.0

1811

50

6.4

1812

51

2.0

1813 58 13.7
1814 63 8.6
1815 55 -12.7
1816 51 -7.3
1817 48 -5.9
1818 46 -4.2
1819 46 0.0
1820 42 -8.7

1821

40

-4.8

1822

40

0.0

1823

36

-10.0

1824

33

-8.3

1825

34

3.0

1826

34

0.0

1827

34

0.0

1828

33

-2.9

1829

32

-3.0

1830

32

0.0

1831

32

0.0

1832

30

-6.3

1833

29

-3.3

1834

30

3.4

1835

31

3.3

1836

33

6.5

1837

34

3.0

1838

32

-5.9

1839

32

0.0

1840

30

-6.3

1841

31

3.3

1842

29

-6.5

1843

28

-3.4

1844

28

0.0

1845

28

0.0

1846

27

-3.6

1847

28

3.7

1848

26

-7.1

1849

25

-3.8

1850

25

0.0

1851

25

0.0

1852

25

0.0

1853

25

0.0

1854

27

8.0

1855

28

3.7

1856

27

-3.6

1857

28

3.7

1858

26

-7.1

1859

27

3.8

1860

27

0.0

1861

27

0.0

1862

30

11.1

1863

37

23.3

1864

47

27.0

1865

46

-2.1

1866

44

-4.3

1867

42

-4.5

1868

40

-4.8

1869

40

0.0

1870

38

-5.0

1871

36

-5.3

1872

36

0.0

1873

36

0.0

1874

34

-5.6

1875

33

-2.9

1876

32

-3.0

1877

32

0.0

1878

29

-9.4

1879

28

-3.4

1880

29

3.6

1881

29

0.0

1882

29

0.0

1883

28

-3.4

1884

27

-3.6

1885

27

0.0

1886

27

0.0

1887

27

0.0

1888

27

0.0

1889

27

0.0

1890

27

0.0

1891

27

0.0

1892

27

0.0

1893

27

0.0

1894

26

-3.7

1895

25

-3.8

1896

25

0.0

1897

25

0.0

1898

25

0.0

1899

25

0.0

1900

25

0.0

1901

25

0.0

1902

26

4.0

1903

27

3.8

1904

27

0.0

1905

27

0.0

1906

27

0.0

1907

28

3.7

1908

27

-3.6

1909

27

0.0

1910

28

3.7

1911

28

0.0

1912

29

3.6

1913

29.7

2.4

1914

30.1

1.3

1915

30.4

1.0

1916

32.7

7.6

1917

38.4

17.4

1918

45.1

17.4

1919

51.8

14.9

1920

60.0

15.8

1921

53.6

-10.7

1922

50.2

-6.3

1923

51.1

1.8

1924

51.2

0.2

1925

52.5

2.5

1926

53.0

1.0

1927

52.0

-1.9

1928

51.3

-1.3

1929

51.3

0.0

1930

50.0

-2.5

1931

45.6

-8.8

1932

40.9

-10.3

1933

38.8

-5.1

1934

40.1

3.4

1935

41.1

2.5

1936

41.5

1.0

1937

43.0

3.6

1938

42.2

-1.9

1939

41.6

-1.4

1940

42.0

1.0

1941

44.1

5.0

1942

48.8

10.7

1943

51.8

6.1

1944

52.7

1.7

1945

53.9

2.3

1946

58.5

8.5

1947

66.9

14.4

1948

72.1

7.8

1949

71.4

-1.0

1950

72.1

1.0

1951

77.8

7.9

1952

79.5

2.2

1953

80.1

0.8

1954

80.5

0.5

1955

80.2

-0.4

1956

81.4

1.5

1957

84.3

3.6

1958

86.6

2.7

1959

87.3

0.8

1960

88.7

1.6

1961

89.6

1.0

1962

90.6

1.1

1963

91.7

1.2

1964

92.9

1.3

1965

94.5

1.7

1966

97.2

2.9

1967

100.0

2.9

1968

104.2

4.2

1969

109.8

5.4

1970

116.3

5.9

1971

121.3

4.3

1972

125.3

3.3

1973

133.1

6.2

1974

147.7

11.0

1975

161.2

9.1

1976

170.5

5.8

1977

181.5

6.5

1978

195.4

7.7

1979

217.4

11.3

1980

246.8

13.5

1981

272.4

10.4

1982

289.1

6.1

1983

298.4

3.2

1984

311.1

4.3

1985

322.2

3.6

1986

328.4

1.8

1987

340.4

3.6

1988

354.3

4.1

1989

371.3

4.8

1990

391.4

5.4

1991

408.0

4.2

1992

420.3

3.0

1993

432.7

3.0

1994

444.0

2.2

1995

456.5

2.8

1996

469.9

2.9

1997

480.8

2.3

1998

488.3

1.6

1999

499.1

2.2

2000

515.8

3.4

2001

530.1

2.8

2002

538.8

1.6

2003

551.0

2.3

2004 565.7 2.7
2005 584.8 3.4
2006 603.5 3.2
2007 620.7 2.9
2008* 645.4 4.0

*An estimate for 2008 is based on the change in the CPI from fourth quarter 2006 to fourth quarter 2007.

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