When converted to the value of one US dollar in 2020, goods and services that cost one dollar in 1700 would cost just over 63 dollars in 2020, this means that one dollar in 1700 was worth approximately 63 times more than it is today. This data can be used to calculate how much goods and services from the years shown would cost today, by multiplying the price from then by the number shown in the graph. For example, an item that cost 50 dollars in 1970 would theoretically cost 335.5 US dollars in 2020 (50 x 6.71 = 335.5), although it is important to remember that the prices of individual goods and services inflate at different rates than currency, therefore this graph must only be used as a guide.
Purchasing power of one US dollar (USD) in every year from 1635 to 2020*
Characteristic
Purcashing power of one U.S dollar
2020
1
2019
1.02
2018
1.04
2017
1.06
2016
1.08
2015
1.1
2014
1.1
2013
1.12
2012
1.13
2011
1.16
2010
1.19
2009
1.21
2008
1.21
2007
1.26
2006
1.29
2005
1.33
2004
1.38
2003
1.41
2002
1.45
2001
1.47
2000
1.51
1999
1.56
1998
1.6
1997
1.62
1996
1.66
1995
1.71
1994
1.76
1993
1.8
1992
1.86
1991
1.91
1990
1.99
1989
2.1
1988
2.2
1987
2.29
1986
2.37
1985
2.42
1984
2.51
1983
2.61
1982
2.7
1981
2.86
1980
3.16
1979
3.59
1978
3.99
1977
4.3
1976
4.57
1975
4.84
1974
5.28
1973
5.86
1972
6.23
1971
6.43
1970
6.71
1969
7.09
1968
7.48
1967
7.79
1966
8.03
1965
8.26
1964
8.4
1963
8.51
1962
8.62
1961
8.71
1960
8.79
1959
8.94
1958
9.01
1957
9.26
1956
9.57
1955
9.71
1954
9.68
1953
9.75
1952
9.82
1951
10.01
1950
10.8
1949
10.94
1948
10.8
1947
11.67
1946
13.35
1945
14.46
1944
14.79
1943
15.05
1942
15.97
1941
17.71
1940
18.59
1939
18.73
1938
18.46
1937
18.07
1936
18.73
1935
19
1934
19.42
1933
20.02
1932
19
1931
17.12
1930
15.59
1929
15.22
1928
15.22
1927
14.96
1926
14.71
1925
14.87
1924
15.22
1923
15.22
1922
15.49
1921
14.54
1920
13.01
1919
15.05
1918
17.24
1917
20.33
1916
23.88
1915
25.77
1914
26.03
1913
26.29
1912
26.83
1911
27.4
1910
27.4
1909
28.6
1908
28.29
1907
27.69
1906
28.92
1905
29.58
1904
29.24
1903
29.58
1902
30.27
1901
30.62
1900
30.99
1899
31.36
1898
31.36
1897
31.36
1896
30.99
1895
30.99
1894
30.27
1893
28.92
1892
28.6
1891
28.6
1890
28.6
1889
28.29
1888
27.4
1887
27.4
1886
27.69
1885
26.83
1884
26.56
1883
25.77
1882
25.52
1881
25.52
1880
25.52
1879
26.03
1878
26.03
1877
24.79
1876
24.33
1875
23.66
1874
22.83
1873
21.69
1872
21.33
1871
21.33
1870
19.87
1869
19.14
1868
18.33
1867
17.59
1866
16.37
1865
15.97
1864
16.58
1863
20.66
1862
25.77
1861
29.58
1860
31.36
1859
31.36
1858
31.74
1857
29.92
1856
30.62
1855
29.92
1854
30.99
1853
33.8
1852
33.8
1851
33.8
1850
33.37
1849
33.8
1848
32.95
1847
31.74
1846
33.8
1845
34.25
1844
34.7
1843
35.17
1842
31.74
1841
29.92
1840
29.92
1839
27.99
1838
27.99
1837
27.11
1836
27.99
1835
29.58
1834
30.27
1833
30.99
1832
30.27
1831
29.92
1830
28.29
1829
27.99
1828
27.4
1827
26.03
1826
26.29
1825
26.29
1824
26.83
1823
24.79
1822
22.25
1821
23.03
1820
22.25
1819
20.49
1818
20.49
1817
19.57
1816
18.46
1815
16.9
1814
14.79
1813
16.27
1812
19.57
1811
19.87
1810
21.16
1809
21.16
1808
20.66
1807
22.44
1806
21.33
1805
22.25
1804
22.06
1803
23.03
1802
24.33
1801
20.49
1800
20.66
1799
21.16
1798
21.16
1797
20.49
1796
19.72
1795
20.66
1794
23.66
1793
26.29
1792
27.11
1791
27.69
1790
28.29
1789
29.58
1788
29.24
1787
27.99
1786
27.4
1785
26.83
1784
25.52
1783
24.55
1782
21.51
1781
23.45
1780
19
1779
21.33
1778
18.86
1777
24.55
1776
29.92
1775
33.8
1774
32.13
1773
30.27
1772
28.6
1771
33.37
1770
31.74
1769
34.25
1768
36.15
1767
34.25
1766
33.8
1765
36.15
1764
37.18
1763
34.7
1762
34.7
1761
37.72
1760
34.25
1759
32.95
1758
38.85
1757
41.98
1756
44.88
1755
43.38
1754
42.67
1753
40.67
1752
39.44
1751
40.67
1750
40.67
1749
40.67
1748
41.31
1747
49.11
1746
54.22
1745
56.58
1744
54.22
1743
50.05
1742
44.88
1741
40.04
1740
66.74
1739
70.35
1738
63.48
1737
65.07
1736
68.49
1735
65.07
1734
68.49
1733
66.74
1732
68.49
1731
61.97
1730
56.58
1729
56.58
1728
56.58
1727
52.06
1726
55.38
1725
52.06
1724
60.53
1723
61.97
1722
63.48
1721
65.07
1720
61.97
1719
57.84
1718
63.48
1717
57.84
1716
63.48
1715
59.15
1714
70.35
1713
63.48
1712
68.49
1711
65.07
1710
63.48
1709
57.84
1708
72.3
1707
60.53
1706
57.84
1705
61.97
1704
56.58
1703
66.74
1702
66.74
1701
60.53
1700
63.48
1699
61.97
1698
68.49
1697
65.07
1696
65.07
1695
76.55
1694
72.3
1693
76.55
1692
72.3
1691
66.74
1690
70.35
1689
72.3
1688
74.37
1687
68.49
1686
68.49
1685
63.48
1684
70.35
1683
70.35
1682
70.35
1681
59.15
1680
61.97
1679
72.3
1678
72.3
1677
68.49
1676
70.35
1675
72.3
1674
63.48
1673
66.74
1672
65.07
1671
65.07
1670
65.07
1669
65.07
1668
60.53
1667
63.48
1666
68.49
1665
68.49
1664
57.84
1663
57.84
1662
57.84
1661
61.97
1660
52.06
1659
59.15
1658
66.74
1657
43.38
1656
35.17
1655
34.7
1654
33.37
1653
33.37
1652
43.38
1651
34.25
1650
45.66
1649
24.33
1648
35.65
1647
63.48
1646
47.32
1645
29.58
1644
26.03
1643
18.73
1642
27.11
1641
27.11
1640
27.11
1639
23.66
1638
38.85
1637
20.33
1636
17.47
1635
31.63
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Bureau of Labor Statistics, & OSU. (November 2, 2020). Purchasing power of one US dollar (USD) in every year from 1635 to 2020* [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1032048/value-us-dollar-since-1640/
Bureau of Labor Statistics, und OSU. "Purchasing power of one US dollar (USD) in every year from 1635 to 2020*." Chart. November 2, 2020. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1032048/value-us-dollar-since-1640/
Bureau of Labor Statistics, OSU. (2020). Purchasing power of one US dollar (USD) in every year from 1635 to 2020*. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1032048/value-us-dollar-since-1640/
Bureau of Labor Statistics, and OSU. "Purchasing Power of One Us Dollar (Usd) in Every Year from 1635 to 2020*." Statista, Statista Inc., 2 Nov 2020, https://www.statista.com/statistics/1032048/value-us-dollar-since-1640/
Bureau of Labor Statistics & OSU, Purchasing power of one US dollar (USD) in every year from 1635 to 2020* Statista, https://www.statista.com/statistics/1032048/value-us-dollar-since-1640/ (last visited November 22, 2024)
Purchasing power of one US dollar (USD) in every year from 1635 to 2020* [Graph], Bureau of Labor Statistics, & OSU, November 2, 2020. [Online]. Available: https://www.statista.com/statistics/1032048/value-us-dollar-since-1640/