$100 in 1750 is equivalent in purchasing power to about $218.75 in 1940, an increase of $118.75 over 190 years. The dollar had an average inflation rate of 0.41% per year between 1750 and 1940, producing a cumulative price increase of 118.75%.
This means that prices in 1940 are 2.19 times as high as average prices since 1750, according to the Bureau of Labor Statistics consumer price index.
The inflation rate in 1750 was 0.00%. The inflation rate in 1940 was 0.72%. The 1940 inflation rate is lower compared to the average inflation rate of 3.77% per year between 1940 and 2024.
Cumulative price change | 118.75% |
Average inflation rate | 0.41% |
Converted amount $100 base | $218.75 |
Price difference $100 base | $118.75 |
CPI in 1750 | 6.400 |
CPI in 1940 | 14.000 |
Inflation in 1750 | 0.00% |
Inflation in 1940 | 0.72% |
$100 in 1750 | $218.75 in 1940 |
This chart shows a calculation of buying power equivalence for $100 in 1750 (price index tracking began in 1635).
For example, if you started with $100, you would need to end with $218.75 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When $100 is equivalent to $218.75 over time, that means that the "real value" of a single U.S. dollar decreases over time. In other words, a dollar will pay for fewer items at the store.
This effect explains how inflation erodes the value of a dollar over time. By calculating the value in 1750 dollars, the chart below shows how $100 is worth less over 190 years.
According to the Bureau of Labor Statistics, each of these USD amounts below is equal in terms of what it could buy at the time:
This conversion table shows various other 1750 amounts in 1940 dollars, based on the 118.75% change in prices:
Initial value | Equivalent value |
---|---|
$1 dollar in 1750 | $2.19 dollars in 1940 |
$5 dollars in 1750 | $10.94 dollars in 1940 |
$10 dollars in 1750 | $21.88 dollars in 1940 |
$50 dollars in 1750 | $109.38 dollars in 1940 |
$100 dollars in 1750 | $218.75 dollars in 1940 |
$500 dollars in 1750 | $1,093.75 dollars in 1940 |
$1,000 dollars in 1750 | $2,187.50 dollars in 1940 |
$5,000 dollars in 1750 | $10,937.50 dollars in 1940 |
$10,000 dollars in 1750 | $21,875.00 dollars in 1940 |
$50,000 dollars in 1750 | $109,375.00 dollars in 1940 |
$100,000 dollars in 1750 | $218,750.00 dollars in 1940 |
$500,000 dollars in 1750 | $1,093,750.00 dollars in 1940 |
$1,000,000 dollars in 1750 | $2,187,500.00 dollars in 1940 |
Inflation can also vary widely by country. For comparison, in the UK £100.00 in 1750 would be equivalent to £396.08 in 1940, an absolute change of £296.08 and a cumulative change of 296.08%.
Compare these numbers to the US's overall absolute change of $118.75 and total percent change of 118.75%.
CPI is the weighted combination of many categories of spending that are tracked by the government. Breaking down these categories helps explain the main drivers behind price changes.
This chart shows the average rate of inflation for select CPI categories between 1750 and 1940.
Compare these values to the overall average of 0.41% per year:
Category | Avg Inflation (%) | Total Inflation (%) | $100 in 1750 → 1940 |
---|---|---|---|
Food and beverages | 0.00 | 0.00 | 100.00 |
Housing | 0.00 | 0.00 | 100.00 |
Apparel | 1.42 | 1,362.23 | 1,462.23 |
Transportation | 0.03 | 5.49 | 105.49 |
Medical care | 0.31 | 80.66 | 180.66 |
Recreation | 0.00 | 0.00 | 100.00 |
Education and communication | 0.00 | 0.00 | 100.00 |
Other goods and services | 0.00 | 0.00 | 100.00 |
The graph below compares inflation in categories of goods over time. Click on a category such as "Food" to toggle it on or off:
For all these visualizations, it's important to note that not all categories may have been tracked since 1750. This table and charts use the earliest available data for each category.
Our calculations use the following inflation rate formula to calculate the change in value between 1750 and 1940:
Then plug in historical CPI values. The U.S. CPI was 6.4 in the year 1750 and 14 in 1940:
$100 in 1750 has the same "purchasing power" or "buying power" as $218.75 in 1940.
To get the total inflation rate for the 190 years between 1750 and 1940, we use the following formula:
Plugging in the values to this equation, we get:
Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (CPI), established in 1913. Price index data from 1774 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University and from the American Antiquarian Society. Price index data from 1634 to 1773 is from the American Antiquarian Society, using British pound equivalents.
You may use the following MLA citation for this page: “1750 dollars in 1940 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 7 Sep. 2024, https://www.officialdata.org/1750-dollars-in-1940.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
in2013dollars.com is a reference website maintained by the Official Data Foundation.
Cumulative price change | 118.75% |
Average inflation rate | 0.41% |
Converted amount $100 base | $218.75 |
Price difference $100 base | $118.75 |
CPI in 1750 | 6.400 |
CPI in 1940 | 14.000 |
Inflation in 1750 | 0.00% |
Inflation in 1940 | 0.72% |
$100 in 1750 | $218.75 in 1940 |