# Price/Cost Indexes from 1875 to 1989; Estimated to 2010

## Part 2

Book page: https://www.cyberlibrary.org/en/books/price-cost-indexes-from-1875-to-1989-estimated-to-2010-88/index.md

2010 1.947900 0.513373 4% Est. 2009 1.872980 0.533908 4% Est. 2008 1.800943 0.555265 4% Est. 2007 1.731676 0.577475 4% Est. 2006 1.665072 0.600574 4% Est. 2005 1.601031 0.624597 4% Est. 2004 1.539454 0.649581 4% Est. 2003 1.480243 0.675565 4% Est. 2002 1.423312 0.702587 4% Est. 2001 1.368568 0.730691 4% Est. 2000 1.315931 0.759918 4% Est. 1999 1.265318 0.790315 4% Est. 1998 1.216653 0.821927 4% Est. 1997 1.169858 0.854805 4% Est. 1996 1.124864 0.888997 4% Est. 1995 1.081600 0.924557 4% Est. 1994 1.040000 0.961539 4% Est. 1993 1.000000 1.000000 4% Est. 1992 0.961538 1.040000 4% Est. 1991 0.924556 1.081600 4% Est. 1990 0.888996 1.124864 4% Est. 1989 0.854804 1.169859 3.8744% 1988 0.822921 1.215184 3.3218% 1987 0.796464 1.255550 3.1640% 1986 0.772037 1.295275 2.6144% 1985 0.752367 1.329139 2.9715% 1984 0.730656 1.368634 3.6576% 1983 0.704874 1.418694 3.8998% 1982 0.678417 1.474020 6.3831% 1981 0.637711 1.568108 9.6843% 1980 0.581406 1.719969 9.0330% 1979 0.533239 1.875333 8.8650% 1978 0.489816 2.041582 7.2813% 1977 0.456572 2.190234 6.6558% 1976 0.428080 2.336013 6.4073% 1975 0.402303 2.485688 9.8159% 1974 0.366343 2.729680 9.0909% 1973 0.335815 2.977832 6.4509% 1972 0.315465 3.169929 4.7304% 1971 0.301216 3.319879 5.7132% 1970 0.284937 3.509549 5.5272% 1969 0.270013 3.703527 5.5714% 1968 0.255763 3.909865 5.0148% 1967 0.243550 4.105935 2.5719% 1966 0.237443 4.211535 3.5485% 1965 0.229306 4.360980 2.7360% 1964 0.223200 4.480296 1.5423% 1963 0.219809 4.549396 1.5697% 1962 0.216412 4.620807 2.2421% 1961 0.211667 4.724412 0.9709% 1960 0.209631 4.770281 1.6442% 1959 0.206240 4.848714 2.3579% 1958 0.201489 4.963044 2.0623% 1957 0.197418 5.065399 3.5571% 1956 0.190637 5.245581 3.3098% 1955 0.184529 5.419200 3.4226% 1954 0.178422 5.604679 1.5421% 1953 0.175713 5.691111 1.5703% 1952 0.172996 5.780478 1.5948% 1951 0.170280 5.872668 5.0183% 1950 0.162143 6.167377 1.7034% 1949 0.159428 6.272433 -0.4250% 1948 0.160108 6.245777 6.7886% 1947 0.149930 6.669778 13.9149% 1946 0.131616 7.597868 22.7896% 1945 0.107188 9.329391 3.2661% 1944 0.103798 9.634099 1.3234% 1943 0.102442 9.761596 2.7232% 1942 0.099727 10.027420 6.5229% 1941 0.093620 10.681498 6.1527% 1940 0.088194 11.338700 2.3623% 1939 0.086158 11.606550 -1.5482% 1938 0.087513 11.426859 -1.5312% 1937 0.088874 11.251890 3.9669% 1936 0.085483 11.698239 0.0000% 1935 0.085483 11.698239 3.2811% 1934 0.082767 12.082075 8.9328% 1933 0.075980 13.161341 -2.6088% 1932 0.078015 12.817985 -11.5407% 1931 0.088194 11.338700 -8.4517% 1930 0.096336 10.380385 -2.7367% 1929 0.099046 10.096306 0.0000% 1928 0.099046 10.096306 -0.6823% 1927 0.099727 10.027420 0.0000% 1926 0.099727 10.027420 -2.0001% 1925 0.101762 9.826867 0.6731% 1924 0.101081 9.893016 2.0549% 1923 0.099046 10.096306 0.0000% 1922 0.099046 10.096306 2.8137% 1921 0.096336 10.380385 -7.1894% 1920 0.103798 9.634099 -13.0688% 1919 0.119402 8.375039 15.7925% 1918 0.103118 9.697670 14.2845% 1917 0.090229 11.082933 16.6637% 1916 0.077341 12.929762 20.0069% 1915 0.064447 15.516606 9.1939% 1914 0.059021 16.943183 2.3510% 1913 0.057665 17.341521 1.1940% 1912 0.056985 17.548587 1.1977% 1911 0.056310 17.758770 2.4765% 1910 0.054949 18.198575 0.0000% 1909 0.054949 18.198575 3.8464% 1908 0.052914 18.898565 0.0000% 1907 0.052914 18.898565 -2.5073% 1906 0.054275 18.424717 5.2689% 1905 0.051558 19.395500 2.6987% 1904 0.050203 19.918935 0.0000% 1903 0.050203 19.918935 1.3740% 1902 0.049523 20.192612 2.8128% 1901 0.048168 20.760586 1.4328% 1900 0.047488 21.058052 0.0000% 1899 0.047488 21.058052 16.6611% 1898 0.040706 24.566548 -10.4416% 1897 0.045452 22.001411 0.0000% 1896 0.045452 22.001411 -1.4749% 1895 0.046132 21.676901 1.4970% 1894 0.045452 22.001411 -1.4749% 1893 0.046132 21.676901 -5.5612% 1892 0.048849 20.471407 0.0000% 1891 0.048849 20.471407 -1.3619% 1890 0.049523 20.192612 0.0000% 1889 0.049523 20.192612 -2.6744% 1888 0.050884 19.652578 0.0000% 1887 0.050884 19.652578 1.3553% 1886 0.050203 19.918935 1.3740% 1885 0.049523 20.192612 -1.3553% 1884 0.050203 19.918935 -1.3372% 1883 0.050884 19.652578 -5.0576% 1882 0.053594 18.658633 -3.6586% 1881 0.055630 17.975983 2.4963% 1880 0.054275 18.424717 0.0000% 1879 0.054275 18.424717 5.2689% 1878 0.051558 19.395500 -3.7992% 1877 0.053594 18.658633 -5.9492% 1876 0.056985 17.548587 -1.1800% 1875 0.057665 17.341521

THE PROJECT GUTENBERG PRICE INDEX FROM 1875 TO 2010

How to use the chart, third set of examples:

This index will allow you to estimate the cost of any item in the dollars of any year included in the index.

Example: You know the cost of an item in 1900 was $1, and you want to know the cost it would have had in 1989 dollar figures [i.e. "adjusting for inflation"].

First go to the base year of 1900, in which 1.000000 is an estimated base for the year 1900.

Then look for the 1989 figure in the 1900 table:

1989 18.000607 0.055554

This indicates that the item costing $1 in 1900 would cost approximately $18 in 1989.

The second column is the inverse function, meaning an item costing $1 in 1989 would have cost about $.05 or $.06 back in the year 1900.

You should be able to find some interesting trends such as that prices were falling back in 1875 as industrial growth swept the United States and the West was being developed.

[Based on an item costing $67 in 1875 {$1,000 in 1989}]

Prices fell from $67 to $47 from 1875 to 1898, in a rather steady progression, and then rather steadily rose back for the next two decades until World War I, until they reached $67 again in 1913 and $69 in 1914, which were the last two years of moderate inflation until after 1919, when pricing dropped from a high of $139 after doubling since 1914.

Prices stabilized during the rest of the 1920's about $110 until 1930, and the Great Depression, in which prices fell to $88 in 1933 and then back to the ranges of the 1920's-- until around the end of World War II, when prices went out of control, rising from an average of around $120 for WWII on the whole to $200 in 1951. It took 17 years to hit the $300 level in 1968 and 22 years to double to $400 in 1973.

From 1973 it took only 9 years to double again to $800 for the year 1982.

[At 7% per year, it takes 10 years for inflation to cut $1 to $.05, at 1% it takes 70 years, at 3% it is 23 years and at 4% it takes about 18 years]. Based on 4% inflation, it will be

1990 1.040000 [based on 1989 as 1.000000 base year] 1991 1.081600 [and based on 4.0000% inflation rate] 1992 1.124864 1993 1.169856

which would be an 11 year span for prices to double, since they were at 0.793652 in 1982 to 1.169856, projected 1993]

Below are files for every year on this chart independently listed with that year as the base year, so you can look up for instance, what something from 1930 would have cost in 1950, or the reverse.

YEAR: 2010

2010 1.000000 1.000000 4% Est. 2009 0.961538 1.040000 4% Est. 2008 0.924556 1.081600 4% Est. 2007 0.888997 1.124864 4% Est. 2006 0.854804 1.169859 4% Est. 2005 0.821927 1.216653 4% Est. 2004 0.790315 1.265319 4% Est. 2003 0.759918 1.315932 4% Est. 2002 0.730690 1.368569 4% Est. 2001 0.702587 1.423312 4% Est. 2000 0.675564 1.480244 4% Est. 1999 0.649581 1.539454 4% Est. 1998 0.624597 1.601032 4% Est. 1997 0.600574 1.665074 4% Est. 1996 0.577475 1.731676 4% Est. 1995 0.555265 1.800943 4% Est. 1994 0.533908 1.872981 4% Est. 1993 0.513373 1.947900 4% Est. 1992 0.493628 2.025816 4% Est. 1991 0.474642 2.106849 4% Est. 1990 0.456387 2.191123 4% Est. 1989 0.438834 2.278768 3.8744% 1988 0.422466 2.367057 3.3218% 1987 0.408883 2.445686 3.1640% 1986 0.396343 2.523066 2.6144% 1985 0.386245 2.589030 2.9715% 1984 0.375099 2.665962 3.6576% 1983 0.361864 2.763473 3.8998% 1982 0.348281 2.871243 6.3831% 1981 0.327384 3.054518 9.6843% 1980 0.298478 3.350326 9.0330% 1979 0.273751 3.652961 8.8650% 1978 0.251459 3.976796 7.2813% 1977 0.234392 4.266357 6.6558% 1976 0.219765 4.550319 6.4073% 1975 0.206532 4.841870 9.8159% 1974 0.188071 5.317143 9.0909% 1973 0.172398 5.800517 6.4509% 1972 0.161951 6.174703 4.7304% 1971 0.154636 6.466792 5.7132% 1970 0.146279 6.836249 5.5272% 1969 0.138617 7.214099 5.5714% 1968 0.131302 7.616025 5.0148% 1967 0.125032 7.997950 2.5719% 1966 0.121897 8.203647 3.5485% 1965 0.117720 8.494751 2.7360% 1964 0.114585 8.727167 1.5423% 1963 0.112844 8.861767 1.5697% 1962 0.111100 9.000869 2.2421% 1961 0.108664 9.202682 0.9709% 1960 0.107619 9.292029 1.6442% 1959 0.105878 9.444809 2.3579% 1958 0.103439 9.667512 2.0623% 1957 0.101349 9.866890 3.5571% 1956 0.097868 10.217866 3.3098% 1955 0.094732 10.556058 3.4226% 1954 0.091597 10.917352 1.5421% 1953 0.090206 11.085713 1.5703% 1952 0.088812 11.259792 1.5948% 1951 0.087417 11.439369 5.0183% 1950 0.083240 12.013433 1.7034% 1949 0.081846 12.218071 -0.4250% 1948 0.082195 12.166147 6.7886% 1947 0.076970 12.992058 13.9149% 1946 0.067568 14.799886 22.7896% 1945 0.055028 18.172718 3.2661% 1944 0.053287 18.766258 1.3234% 1943 0.052591 19.014611 2.7232% 1942 0.051197 19.532409 6.5229% 1941 0.048062 20.806486 6.1527% 1940 0.045276 22.086650 2.3623% 1939 0.044231 22.608395 -1.5482% 1938 0.044927 22.258376 -1.5312% 1937 0.045626 21.917553 3.9669% 1936 0.043885 22.786996 0.0000% 1935 0.043885 22.786996 3.2811% 1934 0.042491 23.534670 8.9328% 1933 0.039006 25.636973 -2.6088% 1932 0.040051 24.968148 -11.5407% 1931 0.045276 22.086650 -8.4517% 1930 0.049456 20.219949 -2.7367% 1929 0.050848 19.666592 0.0000% 1928 0.050848 19.666592 -0.6823% 1927 0.051197 19.532409 0.0000% 1926 0.051197 19.532409 -2.0001% 1925 0.052242 19.141751 0.6731% 1924 0.051893 19.270602 2.0549% 1923 0.050848 19.666592 0.0000% 1922 0.050848 19.666592 2.8137% 1921 0.049456 20.219949 -7.1894% 1920 0.053287 18.766258 -13.0688% 1919 0.061298 16.313737 15.7925% 1918 0.052938 18.890088 14.2845% 1917 0.046321 21.588442 16.6637% 1916 0.039705 25.185879 20.0069% 1915 0.033085 30.224792 9.1939% 1914 0.030300 33.003621 2.3510% 1913 0.029604 33.779543 1.1940% 1912 0.029254 34.182887 1.1977% 1911 0.028908 34.592304 2.4765% 1910 0.028210 35.448999 0.0000% 1909 0.028210 35.448999 3.8464% 1908 0.027165 36.812510 0.0000% 1907 0.027165 36.812510 -2.5073% 1906 0.027863 35.889501 5.2689% 1905 0.026469 37.780489 2.6987% 1904 0.025773 38.800089 0.0000% 1903 0.025773 38.800089 1.3740% 1902 0.025424 39.333184 2.8128% 1901 0.024728 40.439539 1.4328% 1900 0.024379 41.018973 0.0000% 1899 0.024379 41.018973 16.6611% 1898 0.020897 47.853171 -10.4416% 1897 0.023334 42.856541 0.0000% 1896 0.023334 42.856541 -1.4749% 1895 0.023683 42.224429 1.4970% 1894 0.023334 42.856541 -1.4749% 1893 0.023683 42.224429 -5.5612% 1892 0.025078 39.876247 0.0000% 1891 0.025078 39.876247 -1.3619% 1890 0.025424 39.333184 0.0000% 1889 0.025424 39.333184 -2.6744% 1888 0.026122 38.281251 0.0000% 1887 0.026122 38.281251 1.3553% 1886 0.025773 38.800089 1.3740% 1885 0.025424 39.333184 -1.3553% 1884 0.025773 38.800089 -1.3372% 1883 0.026122 38.281251 -5.0576% 1882 0.027514 36.345147 -3.6586% 1881 0.028559 35.015412 2.4963% 1880 0.027863 35.889501 0.0000% 1879 0.027863 35.889501 5.2689% 1878 0.026469 37.780489 -3.7992% 1877 0.027514 36.345147 -5.9492% 1876 0.029254 34.182887 -1.1800% 1875 0.029604 33.779543

YEAR: 2009

2010 1.040000 0.961538 4% Est. 2009 1.000000 1.000000 4% Est. 2008 0.961538 1.040000 4% Est. 2007 0.924556 1.081600 4% Est. 2006 0.888996 1.124864 4% Est. 2005 0.854804 1.169859 4% Est. 2004 0.821927 1.216652 4% Est. 2003 0.790314 1.265319 4% Est. 2002 0.759918 1.315931 4% Est. 2001 0.730690 1.368569 4% Est. 2000 0.702587 1.423312 4% Est. 1999 0.675564 1.480244 4% Est. 1998 0.649581 1.539454 4% Est. 1997 0.624597 1.601032 4% Est. 1996 0.600574 1.665073 4% Est. 1995 0.577475 1.731676 4% Est. 1994 0.555265 1.800943 4% Est. 1993 0.533908 1.872980 4% Est. 1992 0.513373 1.947900 4% Est. 1991 0.493628 2.025816 4% Est. 1990 0.474642 2.106849 4% Est. 1989 0.456387 2.191123 3.8744% 1988 0.439364 2.276016 3.3218% 1987 0.425239 2.351621 3.1640% 1986 0.412197 2.426025 2.6144% 1985 0.401695 2.489451 2.9715% 1984 0.390103 2.563425 3.6576% 1983 0.376338 2.657185 3.8998% 1982 0.362212 2.760811 6.3831% 1981 0.340479 2.937036 9.6843% 1980 0.310418 3.221468 9.0330% 1979 0.284701 3.512462 8.8650% 1978 0.261517 3.823843 7.2813% 1977 0.243768 4.102266 6.6558% 1976 0.228555 4.375307 6.4073% 1975 0.214793 4.655644 9.8159% 1974 0.195594 5.112637 9.0909% 1973 0.179294 5.577420 6.4509% 1972 0.168429 5.937214 4.7304% 1971 0.160822 6.218069 5.7132% 1970 0.152130 6.573316 5.5272% 1969 0.144162 6.936634 5.5714% 1968 0.136554 7.323101 5.0148% 1967 0.130033 7.690337 2.5719% 1966 0.126773 7.888122 3.5485% 1965 0.122429 8.168030 2.7360% 1964 0.119168 8.391506 1.5423% 1963 0.117358 8.520930 1.5697% 1962 0.115544 8.654681 2.2421% 1961 0.113011 8.848732 0.9709% 1960 0.111924 8.934643 1.6442% 1959 0.110113 9.081547 2.3579% 1958 0.107577 9.295685 2.0623% 1957 0.105403 9.487393 3.5571% 1956 0.101783 9.824871 3.3098% 1955 0.098522 10.150056 3.4226% 1954 0.095261 10.497454 1.5421% 1953 0.093814 10.659339 1.5703% 1952 0.092364 10.826723 1.5948% 1951 0.090914 10.999393 5.0183% 1950 0.086570 11.551377 1.7034% 1949 0.085120 11.748145 -0.4250% 1948 0.085483 11.698218 6.7886% 1947 0.080049 12.492363 13.9149% 1946 0.070271 14.230659 22.7896% 1945 0.057229 17.473767 3.2661% 1944 0.055419 18.044479 1.3234% 1943 0.054695 18.283279 2.7232% 1942 0.053245 18.781162 6.5229% 1941 0.049984 20.006236 6.1527% 1940 0.047087 21.237162 2.3623% 1939 0.046001 21.738841 -1.5482% 1938 0.046724 21.402284 -1.5312% 1937 0.047451 21.074570 3.9669% 1936 0.045640 21.910573 0.0000% 1935 0.045640 21.910573 3.2811% 1934 0.044190 22.629490 8.9328% 1933 0.040566 24.650935 -2.6088% 1932 0.041653 24.007834 -11.5407% 1931 0.047087 21.237162 -8.4517% 1930 0.051434 19.442258 -2.7367% 1929 0.052882 18.910184 0.0000% 1928 0.052882 18.910184 -0.6823% 1927 0.053245 18.781162 0.0000% 1926 0.053245 18.781162 -2.0001% 1925 0.054332 18.405529 0.6731% 1924 0.053968 18.529425 2.0549% 1923 0.052882 18.910184 0.0000% 1922 0.052882 18.910184 2.8137% 1921 0.051434 19.442258 -7.1894% 1920 0.055419 18.044479 -13.0688% 1919 0.063750 15.686285 15.7925% 1918 0.055055 18.163546 14.2845% 1917 0.048174 20.758117 16.6637% 1916 0.041293 24.217191 20.0069% 1915 0.034409 29.062299 9.1939% 1914 0.031512 31.734250 2.3510% 1913 0.030788 32.480329 1.1940% 1912 0.030425 32.868160 1.1977% 1911 0.030064 33.261829 2.4765% 1910 0.029338 34.085575 0.0000% 1909 0.029338 34.085575 3.8464% 1908 0.028251 35.396643 0.0000% 1907 0.028251 35.396643 -2.5073% 1906 0.028978 34.509135 5.2689% 1905 0.027527 36.327392 2.6987% 1904 0.026804 37.307776 0.0000% 1903 0.026804 37.307776 1.3740% 1902 0.026441 37.820368 2.8128% 1901 0.025717 38.884170 1.4328% 1900 0.025354 39.441318 0.0000% 1899 0.025354 39.441318 16.6611% 1898 0.021733 46.012663 -10.4416% 1897 0.024267 41.208211 0.0000% 1896 0.024267 41.208211 -1.4749% 1895 0.024630 40.600411 1.4970% 1894 0.024267 41.208211 -1.4749% 1893 0.024630 40.600411 -5.5612% 1892 0.026081 38.342544 0.0000% 1891 0.026081 38.342544 -1.3619% 1890 0.026441 37.820368 0.0000% 1889 0.026441 37.820368 -2.6744% 1888 0.027167 36.808893 0.0000% 1887 0.027167 36.808893 1.3553% 1886 0.026804 37.307776 1.3740% 1885 0.026441 37.820368 -1.3553% 1884 0.026804 37.307776 -1.3372% 1883 0.027167 36.808893 -5.0576% 1882 0.028615 34.947255 -3.6586% 1881 0.029701 33.668664 2.4963% 1880 0.028978 34.509135 0.0000% 1879 0.028978 34.509135 5.2689% 1878 0.027527 36.327392 -3.7992% 1877 0.028615 34.947255 -5.9492% 1876 0.030425 32.868160 -1.1800% 1875 0.030788 32.480329

YEAR: 2008