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The Value of a Dollar 1860-2003
Composite Consumer Price Index; 1860=1
Note: The CPI index tries to compare the cost of a certain group of goods that can be purchased for a certain amount. In this case, the value of $1 was set in the year 1860. As costs have risen since then, that means at the end of 2003, you would need $22.07 to buy the same group of items.
| Year |
Amount |
Year |
Amount |
Year |
Amount |
Year |
Amount |
| 1860 |
$1.00 |
1896 |
$1.01 |
1932 |
$1.64 |
1968 |
$4.18 |
| 1861 |
$1.06 |
1897 |
$1.00 |
1933 |
$1.56 |
1969 |
$4.40 |
| 1862 |
$1.21 |
1898 |
$1.00 |
1934 |
$1.61 |
1970 |
$4.66 |
| 1863 |
$1.51 |
1899 |
$1.00 |
1935 |
$1.64 |
1971 |
$4.86 |
| 1864 |
$1.89 |
1900 |
$1.01 |
1936 |
$1.67 |
1972 |
$5.02 |
| 1865 |
$1.96 |
1901 |
$1.02 |
1937 |
$1.73 |
1973 |
$5.33 |
| 1866 |
$1.91 |
1902 |
$1.03 |
1938 |
$1.69 |
1974 |
$5.92 |
| 1867 |
$1.78 |
1903 |
$1.06 |
1939 |
$1.67 |
1975 |
$6.46 |
| 1868 |
$1.71 |
1904 |
$1.07 |
1940 |
$1.68 |
1976 |
$6.83 |
| 1869 |
$1.64 |
1905 |
$1.06 |
1941 |
$1.76 |
1977 |
$7.27 |
| 1870 |
$1.57 |
1906 |
$1.08 |
1942 |
$1.96 |
1978 |
$7.82 |
| 1871 |
$1.47 |
1907 |
$1.13 |
1943 |
$2.08 |
1979 |
$8.71 |
| 1872 |
$1.47 |
1908 |
$1.11 |
1944 |
$2.11 |
1980 |
$9.89 |
| 1873 |
$1.44 |
1909 |
$1.09 |
1945 |
$2.16 |
1981 |
$10.91 |
| 1874 |
$1.37 |
1910 |
$1.14 |
1946 |
$2.34 |
1982 |
$11.58 |
| 1875 |
$1.32 |
1911 |
$1.14 |
1947 |
$2.68 |
1983 |
$11.95 |
| 1876 |
$1.29 |
1912 |
$1.17 |
1948 |
$2.89 |
1984 |
$12.47 |
| 1877 |
$1.26 |
1913 |
$1.19 |
1949 |
$2.86 |
1985 |
$12.91 |
| 1878 |
$1.20 |
1914 |
$1.20 |
1950 |
$2.89 |
1986 |
$13.15 |
| 1879 |
$1.20 |
1915 |
$1.21 |
1951 |
$3.12 |
1987 |
$13.63 |
| 1880 |
$1.23 |
1916 |
$1.31 |
1952 |
$3.18 |
1988 |
$14.19 |
| 1881 |
$1.23 |
1917 |
$1.54 |
1953 |
$3.20 |
1989 |
$14.88 |
| 1882 |
$1.23 |
1918 |
$1.81 |
1954 |
$3.23 |
1990 |
$15.68 |
| 1883 |
$1.21 |
1919 |
$2.08 |
1955 |
$3.22 |
1991 |
$16.34 |
| 1884 |
$1.18 |
1920 |
$2.40 |
1956 |
$3.26 |
1992 |
$16.83 |
| 1885 |
$1.16 |
1921 |
$2.15 |
1957 |
$3.37 |
1993 |
$17.34 |
| 1886 |
$1.13 |
1922 |
$2.02 |
1958 |
$3.47 |
1994 |
$17.78 |
| 1887 |
$1.14 |
1923 |
$2.05 |
1959 |
$3.49 |
1995 |
$18.29 |
| 1888 |
$1.14 |
1924 |
$2.05 |
1960 |
$3.55 |
1996 |
$18.82 |
| 1889 |
$1.11 |
1925 |
$2.10 |
1961 |
$3.59 |
1997 |
$19.26 |
| 1890 |
$1.09 |
1926 |
$2.12 |
1962 |
$3.62 |
1998 |
$19.56 |
| 1891 |
$1.09 |
1927 |
$2.09 |
1963 |
$3.67 |
1999 |
$19.99 |
| 1892 |
$1.09 |
1928 |
$2.05 |
1964 |
$3.72 |
2000 |
$20.66 |
| 1893 |
$1.08 |
1929 |
$2.05 |
1965 |
$3.78 |
2001 |
$21.25 |
| 1894 |
$1.03 |
1930 |
$2.00 |
1966 |
$3.89 |
2002 |
$21.59 |
| 1895 |
$1.01 |
1931 |
$1.82 |
1967 |
$4.01 |
2003 |
$22.07 |
Note: Material adapted from "The Value of a Dollar, 1860-2004." Third Edition, Scott Derks, Grey House Publishing.
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