$100 in 1892 is equivalent in purchasing power to about $92.31 in 1895, a difference of $-7.69 over 3 years. The dollar had an average deflation rate of -2.63% per year since 1892, producing a cumulative price change of -7.69%.
This means that prices in 1895 are 7.69% lower than average prices since 1892, according to the Bureau of Labor Statistics consumer price index.
The inflation rate in 1892 was 0.00%. The inflation rate in 1895 was -2.33%. The 1895 inflation rate is lower compared to the average inflation rate of 2.85% per year between 1895 and 2024.
Cumulative price change | -7.69% |
Average inflation rate | -2.63% |
Converted amount $100 base | $92.31 |
Price difference $100 base | $-7.69 |
CPI in 1892 | 9.100 |
CPI in 1895 | 8.400 |
Inflation in 1892 | 0.00% |
Inflation in 1895 | -2.33% |
$100 in 1892 | $92.31 in 1895 |
This chart shows a calculation of buying power equivalence for $100 in 1892 (price index tracking began in 1635).
For example, if you started with $100, you would need to end with $92.31 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
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 1892 amounts in 1895 dollars, based on the -7.69% change in prices:
Initial value | Equivalent value |
---|---|
$1 dollar in 1892 | $0.92 dollars in 1895 |
$5 dollars in 1892 | $4.62 dollars in 1895 |
$10 dollars in 1892 | $9.23 dollars in 1895 |
$50 dollars in 1892 | $46.15 dollars in 1895 |
$100 dollars in 1892 | $92.31 dollars in 1895 |
$500 dollars in 1892 | $461.54 dollars in 1895 |
$1,000 dollars in 1892 | $923.08 dollars in 1895 |
$5,000 dollars in 1892 | $4,615.38 dollars in 1895 |
$10,000 dollars in 1892 | $9,230.77 dollars in 1895 |
$50,000 dollars in 1892 | $46,153.85 dollars in 1895 |
$100,000 dollars in 1892 | $92,307.69 dollars in 1895 |
$500,000 dollars in 1892 | $461,538.46 dollars in 1895 |
$1,000,000 dollars in 1892 | $923,076.92 dollars in 1895 |
Inflation can also vary widely by country. For comparison, in the UK £100.00 in 1892 would be equivalent to £96.63 in 1895, an absolute change of £-3.37 and a cumulative change of -3.37%.
Compare these numbers to the US's overall absolute change of $-7.69 and total percent change of -7.69%.
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 1892 and 1895.
Compare these values to the overall average of -2.63% per year:
Category | Avg Inflation (%) | Total Inflation (%) | $100 in 1892 → 1895 |
---|---|---|---|
Food and beverages | 0.00 | 0.00 | 100.00 |
Housing | 0.00 | 0.00 | 100.00 |
Apparel | 0.00 | 0.00 | 100.00 |
Transportation | 0.00 | 0.00 | 100.00 |
Medical care | 0.00 | 0.00 | 100.00 |
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 1892. 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 1892 and 1895:
Then plug in historical CPI values. The U.S. CPI was 9.1 in the year 1892 and 8.4 in 1895:
$100 in 1892 has the same "purchasing power" or "buying power" as $92.31 in 1895.
To get the total inflation rate for the 3 years between 1892 and 1895, we use the following formula:
Plugging in the values to this equation, we get:
The average inflation rate of -2.63% has a compounding effect between 1892 and 1895. As noted above, this yearly inflation rate compounds to produce an overall price difference of -7.69% over 3 years.
To help put this inflation into perspective, if we had invested $100 in the S&P 500 index in 1892, our investment would be nominally worth approximately $93.76 in 1895. This is a return on investment of -6.24%, with an absolute return of $-6.24 on top of the original $100.
These numbers are not inflation adjusted, so they are considered nominal. In order to evaluate the real return on our investment, we must calculate the return with inflation taken into account.
The compounding effect of inflation would account for -8.33% of returns ($-7.81) during this period. This means the inflation-adjusted real return of our $100 investment is $1.57. You may also want to account for capital gains tax, which would take your real return down to around $1 for most people.
Original Amount | Final Amount | Change | |
---|---|---|---|
Nominal | $100 | $93.76 | -6.24% |
Real Inflation Adjusted | $100 | $101.57 | 1.57% |
Information displayed above may differ slightly from other S&P 500 calculators. Minor discrepancies can occur because we use the latest CPI data for inflation, annualized inflation numbers for previous years, and we compute S&P price and dividends from January of 1892 to latest available data for 1895 using average monthly close price.
For more details on the S&P 500 between 1892 and 1895, see the stock market returns calculator.
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: “1892 dollars in 1895 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 8 Sep. 2024, https://www.officialdata.org/1892-dollars-in-1895.
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 | -7.69% |
Average inflation rate | -2.63% |
Converted amount $100 base | $92.31 |
Price difference $100 base | $-7.69 |
CPI in 1892 | 9.100 |
CPI in 1895 | 8.400 |
Inflation in 1892 | 0.00% |
Inflation in 1895 | -2.33% |
$100 in 1892 | $92.31 in 1895 |