Value of $1 from 1895 to 1894
$1 in 1895 is equivalent in purchasing power to about $1.02 in 1894. The dollar had an average deflation rate of -2.33% per year since 1894, producing a cumulative price change of 2.38%.
This means that prices in 1894 are 1.02 times as high as average prices in 1895, according to the Bureau of Labor Statistics consumer price index.
The inflation rate in 1894 was -4.44%. 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 2026.
Contents
⌃
| Average inflation rate | -2.33% |
|
Converted amount
$1 base | $1.02 |
|
Price difference
$1 base | $0.02 |
| CPI in 1895 | 8.400 |
| CPI in 1894 | 8.600 |
| Inflation in 1894 | -4.44% |
| Inflation in 1895 | -2.33% |
| $1 in 1895 | $1.02 in 1894 |
Inflation by Country
Inflation can also vary widely by country. For comparison, in the UK £1.00 in 1895 would be equivalent to £1.01 in 1894, an absolute change of £0.01 and a cumulative change of 1.16%.
Compare these numbers to the US's overall absolute change of $0.02 and total percent change of 2.38%.
Inflation by Spending Category
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 1895 and 1894.
Compare these values to the overall average of -2.33% per year:
| Category | Avg Inflation (%) | Total Inflation (%) | $1 in 1894 → 1895 |
|---|---|---|---|
| Food and beverages | 0.00 | 0.00 | 1.00 |
| Housing | 0.00 | 0.00 | 1.00 |
| Apparel | 0.00 | 0.00 | 1.00 |
| Transportation | 0.00 | 0.00 | 1.00 |
| Medical care | 0.00 | 0.00 | 1.00 |
| Recreation | 0.00 | 0.00 | 1.00 |
| Education and communication | 0.00 | 0.00 | 1.00 |
| Other goods and services | 0.00 | 0.00 | 1.00 |
For all these visualizations, it's important to note that not all categories may have been tracked since 1895. This table and charts use the earliest available data for each category.
How to calculate inflation rate for $1, 1894 to 1895
Our calculations use the following inflation rate formula to calculate the change in value between 1894 and 1895:
CPI in 1894CPI in 1895
×
1895 USD value
=
1894 USD value
Then plug in historical CPI values. The U.S. CPI was 8.4 in the year 1895 and 8.6 in 1894:
8.68.4
×
$1
=
$1.02
$1 in 1895 has the same "purchasing power" or "buying power" as $1.02 in 1894.
To get the total inflation rate for the 1 years between 1894 and 1895, we use the following formula:
CPI in 1894 - CPI in 1895CPI in 1895
×
100
=
Cumulative inflation rate (1 years)
Plugging in the values to this equation, we get:
8.6 - 8.48.4
×
100
=
2%
Frequently asked questions
How much is $1 from 1895 worth in 1894?
$1 in 1895 has about the same buying power as $1.02 in 1894, based on the consumer price index published by the Bureau of Labor Statistics. Prices in 1894 are 1.02 times as high as they were in 1895.
What was the inflation rate in 1894?
The U.S. inflation rate in 1894 was -4.44%, measured as the change in the consumer price index from 1893 to 1894. See inflation in 1894 for more detail.
What has the average inflation rate been from 1894 to 1895?
Prices fell by an average of 2.33% per year between 1894 and 1895, a cumulative decrease of 2.33%.
How is this calculated?
Divide the CPI in 1894 (8.6) by the CPI in 1895 (8.4), then multiply by the original amount: 8.6 ÷ 8.4 × $1 = $1.02. See the step-by-step formula above.
Data source & citation
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: “$1 in 1895 → 1894 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 5 Oct. 2026, https://www.officialdata.org/us/inflation/1895?amount=1&endYear=1894.
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.
| Average inflation rate | -2.33% |
|
Converted amount
$1 base | $1.02 |
|
Price difference
$1 base | $0.02 |
| CPI in 1895 | 8.400 |
| CPI in 1894 | 8.600 |
| Inflation in 1894 | -4.44% |
| Inflation in 1895 | -2.33% |
| $1 in 1895 | $1.02 in 1894 |