Philadelphia, Pennsylvania prices: $20 in 2000 $28.49 in 2018

Inflation in Pennsylvania

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Prices in Philadelphia, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices in Philadelphia, Pennsylvania were 42.46% higher in 2018 versus 2000 (a $8.49 difference in value).

Between 2000 and 2018: Philadelphia experienced an average inflation rate of 1.99% per year. In other words, $20 in Philadelphia in the year 2000 would cost $28.49 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.11% during this same period, inflation in Philadelphia was lower.

In the year 2000: Pricing changed by 2.67%, which is above the average yearly change in Philadelphia during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation in Philadelphia was lower.

Price Inflation in Philadelphia, Pennsylvania since 1914

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1919 (21.56%), 1918 (21.45%), and 1920 (16.49%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Philadelphia, Pennsylvania:

Year 1914 1915 1916 1917 1918 1919 1920 1921 1922 1923 1924 1925 1926 1927 1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
CPI 10.200 10.208 10.408 11.808 14.342 17.433 20.308 18.617 17.267 17.542 17.692 18.275 18.833 18.567 18.158 17.808 17.608 16.225 14.600 13.375 14.017 14.233 14.508 14.858 14.550 14.317 14.333 15.042 16.733 17.800 18.042 18.525 20.108 23.008 24.833 24.542 24.692 26.975 27.492 27.625 27.908 27.850 28.233 29.142 29.717 30.050 30.583 30.925 31.200 31.758 32.258 32.758 33.700 34.617 36.275 38.200 40.767 42.758 43.942 46.900 52.467 56.833 59.642 63.533 67.242 73.925 83.575 92.083 96.558 99.375 104.042 108.767 111.467 116.808 122.400 128.300 135.842 142.183 146.583 150.233 154.642 158.692 162.842 166.450 168.117 171.708 176.300 181.183 184.683 188.675 196.150 203.942 211.792 216.435 224.170 223.013 227.581 233.547 237.923 240.780 243.987 243.778 245.204 248.325 251.163

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Buying power of $20 since 2000

Below are calculations of equivalent buying power in Philadelphia, over time, for $20 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2000 $20.00 2.67%
2001 $20.55 2.77%
2002 $20.95 1.93%
2003 $21.40 2.16%
2004 $22.25 3.96%
2005 $23.14 3.97%
2006 $24.03 3.85%
2007 $24.55 2.19%
2008 $25.43 3.57%
2009 $25.30 -0.52%
2010 $25.82 2.05%
2011 $26.49 2.62%
2012 $26.99 1.87%
2013 $27.31 1.20%
2014 $27.68 1.33%
2015 $27.65 -0.09%
2016 $27.82 0.59%
2017 $28.17 1.27%
2018 $28.49 1.14%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for Philadelphia, 2000-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2000 * 2000 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Philadelphia, Pennsylvania was 176.300 in the year 2000 and 251.163 in 2018:

251.163 / 176.300 * $20 = $28.49

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $28.49 in 2018 (in the CPI category of Philadelphia, Pennsylvania).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Philadelphia, Pennsylvania in 1914. In addition to Philadelphia, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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