According to the U.S. Bureau of Labor Statistics, prices in Philadelphia, Pennsylvania are 1,439.13% higher in 2024 versus 1920 (a $14,391,261,797.29 difference in value).
Between 1920 and 2024: Philadelphia experienced an average inflation rate of 2.66% per year. This rate of change indicates significant inflation. In other words, $1,000,000,000 in Philadelphia in the year 1920 would cost $15,391,261,797.29 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.68% during this same period, inflation in Philadelphia was lower.
In the year 1920: Pricing changed by 16.49%, which is significantly above the average yearly change in Philadelphia during the 1920-2024 time period. Compared to inflation for all items in 1920 (15.62%), inflation in Philadelphia was higher.
Below are calculations of equivalent buying power in Philadelphia, over time, for $1,000,000,000 beginning in 1920. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1920 | $1,000,000,000.00 | 16.49% |
| 1921 | $916,700,861.72 | -8.33% |
| 1922 | $850,225,687.32 | -7.25% |
| 1923 | $863,766,926.55 | 1.59% |
| 1924 | $871,153,057.04 | 0.86% |
| 1925 | $899,876,897.83 | 3.30% |
| 1926 | $927,369,716.86 | 3.06% |
| 1927 | $914,238,818.22 | -1.42% |
| 1928 | $894,132,129.67 | -2.20% |
| 1929 | $876,897,825.19 | -1.93% |
| 1930 | $867,049,651.21 | -1.12% |
| 1931 | $798,933,114.49 | -7.86% |
| 1932 | $718,916,700.86 | -10.02% |
| 1933 | $658,596,635.21 | -8.39% |
| 1934 | $690,192,860.07 | 4.80% |
| 1935 | $700,861,715.22 | 1.55% |
| 1936 | $714,402,954.45 | 1.93% |
| 1937 | $731,637,258.92 | 2.41% |
| 1938 | $716,454,657.37 | -2.08% |
| 1939 | $704,965,121.05 | -1.60% |
| 1940 | $705,785,802.22 | 0.12% |
| 1941 | $740,664,751.74 | 4.94% |
| 1942 | $823,963,890.03 | 11.25% |
| 1943 | $876,487,484.61 | 6.37% |
| 1944 | $888,387,361.51 | 1.36% |
| 1945 | $912,187,115.31 | 2.68% |
| 1946 | $990,151,826.02 | 8.55% |
| 1947 | $1,132,950,348.79 | 14.42% |
| 1948 | $1,222,814,936.40 | 7.93% |
| 1949 | $1,208,453,016.00 | -1.17% |
| 1950 | $1,215,839,146.49 | 0.61% |
| 1951 | $1,328,272,466.15 | 9.25% |
| 1952 | $1,353,713,582.27 | 1.92% |
| 1953 | $1,360,279,031.60 | 0.48% |
| 1954 | $1,374,230,611.41 | 1.03% |
| 1955 | $1,371,358,227.33 | -0.21% |
| 1956 | $1,390,233,894.13 | 1.38% |
| 1957 | $1,434,961,017.64 | 3.22% |
| 1958 | $1,463,274,517.85 | 1.97% |
| 1959 | $1,479,688,141.16 | 1.12% |
| 1960 | $1,505,949,938.45 | 1.77% |
| 1961 | $1,522,773,902.34 | 1.12% |
| 1962 | $1,536,315,141.57 | 0.89% |
| 1963 | $1,563,807,960.61 | 1.79% |
| 1964 | $1,588,428,395.57 | 1.57% |
| 1965 | $1,613,048,830.53 | 1.55% |
| 1966 | $1,659,417,316.37 | 2.87% |
| 1967 | $1,704,554,780.47 | 2.72% |
| 1968 | $1,786,212,556.42 | 4.79% |
| 1969 | $1,881,001,231.02 | 5.31% |
| 1970 | $2,007,386,130.49 | 6.72% |
| 1971 | $2,105,457,529.75 | 4.89% |
| 1972 | $2,163,725,892.49 | 2.77% |
| 1973 | $2,309,396,799.34 | 6.73% |
| 1974 | $2,583,504,308.58 | 11.87% |
| 1975 | $2,798,522,773.90 | 8.32% |
| 1976 | $2,936,807,550.27 | 4.94% |
| 1977 | $3,128,436,602.38 | 6.53% |
| 1978 | $3,311,038,161.67 | 5.84% |
| 1979 | $3,640,131,308.99 | 9.94% |
| 1980 | $4,115,305,703.73 | 13.05% |
| 1981 | $4,534,263,438.65 | 10.18% |
| 1982 | $4,754,616,331.56 | 4.86% |
| 1983 | $4,893,311,448.50 | 2.92% |
| 1984 | $5,123,102,174.81 | 4.70% |
| 1985 | $5,355,765,285.19 | 4.54% |
| 1986 | $5,488,715,633.98 | 2.48% |
| 1987 | $5,751,743,947.48 | 4.79% |
| 1988 | $6,027,082,478.46 | 4.79% |
| 1989 | $6,317,603,611.00 | 4.82% |
| 1990 | $6,688,961,838.33 | 5.88% |
| 1991 | $7,001,231,021.75 | 4.67% |
| 1992 | $7,217,890,849.41 | 3.09% |
| 1993 | $7,397,620,024.62 | 2.49% |
| 1994 | $7,614,690,192.86 | 2.93% |
| 1995 | $7,814,115,716.04 | 2.62% |
| 1996 | $8,018,465,326.22 | 2.62% |
| 1997 | $8,196,142,798.52 | 2.22% |
| 1998 | $8,278,210,915.06 | 1.00% |
| 1999 | $8,455,067,706.20 | 2.14% |
| 2000 | $8,681,165,367.25 | 2.67% |
| 2001 | $8,921,624,948.71 | 2.77% |
| 2002 | $9,093,967,993.43 | 1.93% |
| 2003 | $9,290,521,132.54 | 2.16% |
| 2004 | $9,658,596,635.21 | 3.96% |
| 2005 | $10,042,265,080.02 | 3.97% |
| 2006 | $10,428,805,908.90 | 3.85% |
| 2007 | $10,657,451,784.98 | 2.19% |
| 2008 | $11,038,329,913.83 | 3.57% |
| 2009 | $10,981,345,917.11 | -0.52% |
| 2010 | $11,206,290,521.13 | 2.05% |
| 2011 | $11,500,077,964.71 | 2.62% |
| 2012 | $11,715,551,908.08 | 1.87% |
| 2013 | $11,856,204,349.61 | 1.20% |
| 2014 | $12,014,144,439.89 | 1.33% |
| 2015 | $12,003,824,374.23 | -0.09% |
| 2016 | $12,074,054,164.96 | 0.59% |
| 2017 | $12,227,722,609.77 | 1.27% |
| 2018 | $12,390,730,406.24 | 1.33% |
| 2019 | $12,625,925,318.01 | 1.90% |
| 2020 | $12,741,620,845.30 | 0.92% |
| 2021 | $13,239,958,965.94 | 3.91% |
| 2022 | $14,274,452,195.32 | 7.81% |
| 2023 | $14,921,670,086.17 | 4.53% |
| 2024 | $15,391,261,797.29 | 3.15%* |
* 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:
| 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 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| 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 | 251.635 | 256.411 | 258.761 | 268.882 | 289.890 | 303.034 | 312.571 |