DEAR MEASURINGWORTH USER:

This website is provided as a “public service.” We do not charge a fee and never run ads. We do not receive any government funds. We operate on donations from our users. Now is the time we ask. If everyone visiting our site today gave us $3, our fundraiser would be over tomorrow. Your support keeps us going. Thank you.

Yes! I want to donate I don't want to donate at this time

Seven Ways to Compute the Relative Value of a U.S. Dollar Amount - 1774 to Present

Send us feedback

The authors would like to find out why you are using this calculator and your impression of it. The link above will take you to a form where you can tell us the context of your question, what answer you are going to use and for what purpose. We thank you for your feedback.

Support Our Work

If you find this site was "worth" something to you, would you be willing to make a small contribution to our work? The link above will take you to a form where you can do just that.

Sign up for Announcements

If you would like to get (infrequent) announcements telling you when a data set has been updated or there is a new service on this site, the link above will take you to a form where you can do just that.

In 2013, the relative worth of $1.00 from 1880 is:

$23.50 using the Consumer Price Index
$21.10 using the GDP deflator
$154.00 using the unskilled wage
$252.00 using the Production Worker Compensation
$255.00 using the nominal GDP per capita
$1,600.00 using the relative share of GDP

Data for consumer bundle only starts in 1900.

If you need help/ determining which result is most appropriate for you, see Choosing the Best Indicator to Measure Relative Worth.

For construction of the Indicators, go to CPI | GDP | Consumer Bundle | Unskilled Wage | Compensation of Production Workers series.



Another Computation?





Citation

Samuel H. Williamson, "Seven Ways to Compute the Relative Value of a U.S. Dollar Amount, 1774 to present," MeasuringWorth, April .

URL: www.measuringworth.com/uscompare/


Please let us know if and how this discussion has assisted you in using our calculators.