Philadelphia, Pennsylvania prices: $370 in 1915 $9,120.49 in 2018

Inflation in Pennsylvania

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Prices in Philadelphia, 1915-2018 ($370)

According to the U.S. Bureau of Labor Statistics, prices in Philadelphia, Pennsylvania were 2,365% higher in 2018 versus 1915 (a $8,750.49 difference in value).

Between 1915 and 2018: Philadelphia experienced an average inflation rate of 3.16% per year. This rate of change indicates significant inflation. In other words, $370 in Philadelphia in the year 1915 would cost $9,120.49 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 3.17% during this same period, inflation in Philadelphia was lower.

In the year 1915: Pricing changed by 0.08%, which is significantly below the average yearly change in Philadelphia during the 1915-2018 time period. Compared to inflation for all items in 1915 (0.92%), 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%).

View price changes for other categories
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Buying power of $370.00 since 1915

Below are calculations of equivalent buying power in Philadelphia, over time, for $370 beginning in 1915. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1915$370.000.08%
1916$377.251.96%
1917$427.9913.45%
1918$519.8121.45%
1919$631.8721.56%
1920$736.0716.49%
1921$674.76-8.33%
1922$625.83-7.25%
1923$635.801.59%
1924$641.230.86%
1925$662.383.30%
1926$682.613.06%
1927$672.95-1.42%
1928$658.15-2.20%
1929$645.46-1.93%
1930$638.21-1.12%
1931$588.07-7.86%
1932$529.18-10.02%
1933$484.78-8.39%
1934$508.034.80%
1935$515.891.55%
1936$525.851.93%
1937$538.542.41%
1938$527.36-2.08%
1939$518.91-1.60%
1940$519.510.12%
1941$545.184.94%
1942$606.5011.25%
1943$645.166.37%
1944$653.921.36%
1945$671.442.68%
1946$728.828.55%
1947$833.9314.42%
1948$900.087.93%
1949$889.51-1.17%
1950$894.950.61%
1951$977.719.25%
1952$996.431.92%
1953$1,001.270.48%
1954$1,011.531.03%
1955$1,009.42-0.21%
1956$1,023.311.38%
1957$1,056.243.22%
1958$1,077.081.97%
1959$1,089.161.12%
1960$1,108.491.77%
1961$1,120.871.12%
1962$1,130.840.89%
1963$1,151.081.79%
1964$1,169.201.57%
1965$1,187.321.55%
1966$1,221.452.87%
1967$1,254.682.72%
1968$1,314.784.79%
1969$1,384.565.31%
1970$1,477.586.72%
1971$1,549.774.89%
1972$1,592.662.77%
1973$1,699.896.73%
1974$1,901.6511.87%
1975$2,059.928.32%
1976$2,161.714.94%
1977$2,302.766.53%
1978$2,437.175.84%
1979$2,679.409.94%
1980$3,029.1713.05%
1981$3,337.5510.18%
1982$3,499.754.86%
1983$3,601.842.92%
1984$3,770.984.70%
1985$3,942.244.54%
1986$4,040.102.48%
1987$4,233.714.79%
1988$4,436.384.79%
1989$4,650.224.82%
1990$4,923.575.88%
1991$5,153.424.67%
1992$5,312.903.09%
1993$5,445.192.49%
1994$5,604.972.93%
1995$5,751.762.62%
1996$5,902.182.62%
1997$6,032.962.22%
1998$6,093.371.00%
1999$6,223.552.14%
2000$6,389.982.67%
2001$6,566.972.77%
2002$6,693.831.93%
2003$6,838.512.16%
2004$7,109.443.96%
2005$7,391.843.97%
2006$7,676.373.85%
2007$7,844.672.19%
2008$8,125.023.57%
2009$8,083.08-0.52%
2010$8,248.652.05%
2011$8,464.902.62%
2012$8,623.511.87%
2013$8,727.041.20%
2014$8,843.291.33%
2015$8,835.70-0.09%
2016$8,887.390.59%
2017$9,000.501.27%
2018$9,120.491.33%
2019$9,293.611.90%
2020$9,378.770.92%
2021$9,745.583.91%
2022$10,507.057.81%
2023$10,983.454.53%
2024$11,192.661.90%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.


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

Year191419151916191719181919192019211922192319241925192619271928192919301931193219331934193519361937193819391940194119421943194419451946194719481949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI10.20010.20810.40811.80814.34217.43320.30818.61717.26717.54217.69218.27518.83318.56718.15817.80817.60816.22514.60013.37514.01714.23314.50814.85814.55014.31714.33315.04216.73317.80018.04218.52520.10823.00824.83324.54224.69226.97527.49227.62527.90827.85028.23329.14229.71730.05030.58330.92531.20031.75832.25832.75833.70034.61736.27538.20040.76742.75843.94246.90052.46756.83359.64263.53367.24273.92583.57592.08396.55899.375104.042108.767111.467116.808122.400128.300135.842142.183146.583150.233154.642158.692162.842166.450168.117171.708176.300181.183184.683188.675196.150203.942211.792216.435224.170223.013227.581233.547237.923240.780243.987243.778245.204248.325251.635256.411258.761268.882289.890303.034308.807

Adjust Philadelphia prices for inflation

Start with the inflation rate formula:

CPI in 2018 / CPI in 1915 * 1915 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Philadelphia, Pennsylvania was 10.208 in the year 1915 and 251.635 in 2018:

251.635 / 10.208 * $370 = $9,120.49

Therefore, according to U.S. Bureau of Labor Statistics, $370 in 1915 has the same "purchasing power" as $9,120.49 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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