Philadelphia, Pennsylvania prices: $100 in 1944 $102.68 in 1945

Inflation in Pennsylvania

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Prices in Philadelphia, 1944-1945 ($100)

According to the U.S. Bureau of Labor Statistics, prices in Philadelphia, Pennsylvania were 2.68% higher in 1945 versus 1944 (a $2.68 difference in value).

Between 1944 and 1945: Philadelphia experienced an average inflation rate of 2.68% per year. This rate of change indicates significant inflation. In other words, $100 in Philadelphia in the year 1944 would cost $102.68 in 1945 for an equivalent purchase. Compared to the overall inflation rate of 2.27% during this same period, inflation in Philadelphia was higher.

In the year 1944: Pricing changed by 1.36%, which is below the average yearly change in Philadelphia during the 1944-1945 time period. Compared to inflation for all items in 1944 (1.64%), 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%).

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Buying power of $100.00 since 1944

Below are calculations of equivalent buying power in Philadelphia, over time, for $100 beginning in 1944. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1944$100.001.36%
1945$102.682.68%
1946$111.458.55%
1947$127.5314.42%
1948$137.647.93%
1949$136.03-1.17%
1950$136.860.61%
1951$149.529.25%
1952$152.381.92%
1953$153.120.48%
1954$154.691.03%
1955$154.36-0.21%
1956$156.491.38%
1957$161.523.22%
1958$164.711.97%
1959$166.561.12%
1960$169.521.77%
1961$171.411.12%
1962$172.930.89%
1963$176.031.79%
1964$178.801.57%
1965$181.571.55%
1966$186.792.87%
1967$191.872.72%
1968$201.064.79%
1969$211.735.31%
1970$225.966.72%
1971$237.004.89%
1972$243.562.77%
1973$259.956.73%
1974$290.8111.87%
1975$315.018.32%
1976$330.584.94%
1977$352.156.53%
1978$372.705.84%
1979$409.759.94%
1980$463.2313.05%
1981$510.3910.18%
1982$535.204.86%
1983$550.812.92%
1984$576.674.70%
1985$602.864.54%
1986$617.832.48%
1987$647.444.79%
1988$678.434.79%
1989$711.134.82%
1990$752.935.88%
1991$788.084.67%
1992$812.473.09%
1993$832.702.49%
1994$857.142.93%
1995$879.582.62%
1996$902.592.62%
1997$922.592.22%
1998$931.821.00%
1999$951.732.14%
2000$977.182.67%
2001$1,004.252.77%
2002$1,023.651.93%
2003$1,045.772.16%
2004$1,087.213.96%
2005$1,130.393.97%
2006$1,173.903.85%
2007$1,199.642.19%
2008$1,242.513.57%
2009$1,236.10-0.52%
2010$1,261.422.05%
2011$1,294.492.62%
2012$1,318.741.87%
2013$1,334.581.20%
2014$1,352.351.33%
2015$1,351.19-0.09%
2016$1,359.100.59%
2017$1,376.401.27%
2018$1,394.741.33%
2019$1,421.221.90%
2020$1,434.240.92%
2021$1,490.343.91%
2022$1,606.787.81%
2023$1,679.644.53%
2024$1,711.631.90%*

* 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 1945 / CPI in 1944 * 1944 USD value = 1945 USD value

Then plug in historical CPI values from above. The CPI for Philadelphia, Pennsylvania was 18.042 in the year 1944 and 18.525 in 1945:

18.525 / 18.042 * $100 = $102.68

Therefore, according to U.S. Bureau of Labor Statistics, $100 in 1944 has the same "purchasing power" as $102.68 in 1945 (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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