According to the U.S. Bureau of Labor Statistics, prices in Boston, Massachusetts are 2,972.70% higher in 2024 versus 1916 (a $15,755,307.55 difference in value).
Between 1916 and 2024: Boston experienced an average inflation rate of 3.22% per year. This rate of change indicates significant inflation. In other words, $530,000 in Boston in the year 1916 would cost $16,285,307.55 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.15% during this same period, inflation in Boston was higher.
In the year 1916: Pricing changed by 2.85%, which is below the average yearly change in Boston during the 1916-2024 time period. Compared to inflation for all items in 1916 (7.69%), inflation in Boston was much lower.
Below are calculations of equivalent buying power in Boston, over time, for $530,000 beginning in 1916. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1916 | $530,000.00 | 2.85% |
1917 | $601,456.09 | 13.48% |
1918 | $708,436.06 | 17.79% |
1919 | $859,106.32 | 21.27% |
1920 | $1,007,326.66 | 17.25% |
1921 | $917,087.83 | -8.96% |
1922 | $835,832.05 | -8.86% |
1923 | $848,489.98 | 1.51% |
1924 | $854,206.47 | 0.67% |
1925 | $863,597.84 | 1.10% |
1926 | $895,446.84 | 3.69% |
1927 | $886,055.47 | -1.05% |
1928 | $868,906.01 | -1.94% |
1929 | $864,822.80 | -0.47% |
1930 | $858,698.00 | -0.71% |
1931 | $792,141.76 | -7.75% |
1932 | $714,152.54 | -9.85% |
1933 | $666,787.37 | -6.63% |
1934 | $687,611.71 | 3.12% |
1935 | $701,902.93 | 2.08% |
1936 | $705,986.13 | 0.58% |
1937 | $721,910.63 | 2.26% |
1938 | $703,536.21 | -2.55% |
1939 | $692,919.88 | -1.51% |
1940 | $699,453.00 | 0.94% |
1941 | $730,485.36 | 4.44% |
1942 | $808,474.58 | 10.68% |
1943 | $850,939.91 | 5.25% |
1944 | $860,331.28 | 1.10% |
1945 | $877,889.06 | 2.04% |
1946 | $949,753.47 | 8.19% |
1947 | $1,081,232.67 | 13.84% |
1948 | $1,170,246.53 | 8.23% |
1949 | $1,155,955.32 | -1.22% |
1950 | $1,171,063.17 | 1.31% |
1951 | $1,249,460.71 | 6.69% |
1952 | $1,276,818.18 | 2.19% |
1953 | $1,280,084.75 | 0.26% |
1954 | $1,284,984.59 | 0.38% |
1955 | $1,291,109.40 | 0.48% |
1956 | $1,326,633.28 | 2.75% |
1957 | $1,373,181.82 | 3.51% |
1958 | $1,417,280.43 | 3.21% |
1959 | $1,428,305.08 | 0.78% |
1960 | $1,455,254.24 | 1.89% |
1961 | $1,477,303.54 | 1.52% |
1962 | $1,509,152.54 | 2.16% |
1963 | $1,539,776.58 | 2.03% |
1964 | $1,560,600.92 | 1.35% |
1965 | $1,590,000.00 | 1.88% |
1966 | $1,638,998.46 | 3.08% |
1967 | $1,681,872.11 | 2.62% |
1968 | $1,748,020.03 | 3.93% |
1969 | $1,844,791.99 | 5.54% |
1970 | $1,957,488.44 | 6.11% |
1971 | $2,061,610.17 | 5.32% |
1972 | $2,135,107.86 | 3.57% |
1973 | $2,253,929.12 | 5.57% |
1974 | $2,486,671.80 | 10.33% |
1975 | $2,710,839.75 | 9.01% |
1976 | $2,931,332.82 | 8.13% |
1977 | $3,080,778.12 | 5.10% |
1978 | $3,245,331.28 | 5.34% |
1979 | $3,571,987.67 | 10.07% |
1980 | $4,025,223.42 | 12.69% |
1981 | $4,482,542.37 | 11.36% |
1982 | $4,674,453.00 | 4.28% |
1983 | $4,881,063.17 | 4.42% |
1984 | $5,121,155.62 | 4.92% |
1985 | $5,348,181.82 | 4.43% |
1986 | $5,494,360.55 | 2.73% |
1987 | $5,728,736.52 | 4.27% |
1988 | $6,065,192.60 | 5.87% |
1989 | $6,418,798.15 | 5.83% |
1990 | $6,790,369.80 | 5.79% |
1991 | $7,098,243.45 | 4.53% |
1992 | $7,271,371.34 | 2.44% |
1993 | $7,487,781.20 | 2.98% |
1994 | $7,582,511.56 | 1.27% |
1995 | $7,764,622.50 | 2.40% |
1996 | $7,991,648.69 | 2.92% |
1997 | $8,221,941.45 | 2.88% |
1998 | $8,407,318.95 | 2.25% |
1999 | $8,610,662.56 | 2.42% |
2000 | $8,979,784.28 | 4.29% |
2001 | $9,377,488.44 | 4.43% |
2002 | $9,616,764.25 | 2.55% |
2003 | $9,972,819.72 | 3.70% |
2004 | $10,258,644.07 | 2.87% |
2005 | $10,583,667.18 | 3.17% |
2006 | $10,921,756.55 | 3.19% |
2007 | $11,127,337.75 | 1.88% |
2008 | $11,535,372.42 | 3.67% |
2009 | $11,441,589.37 | -0.81% |
2010 | $11,629,326.96 | 1.64% |
2011 | $11,937,421.11 | 2.65% |
2012 | $12,130,238.21 | 1.62% |
2013 | $12,298,964.41 | 1.39% |
2014 | $12,500,731.90 | 1.64% |
2015 | $12,580,003.24 | 0.63% |
2016 | $12,753,416.95 | 1.38% |
2017 | $13,078,717.72 | 2.55% |
2018 | $13,500,586.29 | 3.23% |
2019 | $13,771,653.93 | 2.01% |
2020 | $13,919,915.10 | 1.08% |
2021 | $14,350,342.06 | 3.09% |
2022 | $15,384,421.88 | 7.21% |
2023 | $15,959,688.29 | 3.74% |
2024 | $16,285,307.55 | 2.04%* |
* 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 Boston, Massachusetts:
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 | 10.500 | 10.517 | 10.817 | 12.275 | 14.458 | 17.533 | 20.558 | 18.717 | 17.058 | 17.317 | 17.433 | 17.625 | 18.275 | 18.083 | 17.733 | 17.650 | 17.525 | 16.167 | 14.575 | 13.608 | 14.033 | 14.325 | 14.408 | 14.733 | 14.358 | 14.142 | 14.275 | 14.908 | 16.500 | 17.367 | 17.558 | 17.917 | 19.383 | 22.067 | 23.883 | 23.592 | 23.900 | 25.500 | 26.058 | 26.125 | 26.225 | 26.350 | 27.075 | 28.025 | 28.925 | 29.150 | 29.700 | 30.150 | 30.800 | 31.425 | 31.850 | 32.450 | 33.450 | 34.325 | 35.675 | 37.650 | 39.950 | 42.075 | 43.575 | 46.000 | 50.750 | 55.325 | 59.825 | 62.875 | 66.233 | 72.900 | 82.150 | 91.483 | 95.400 | 99.617 | 104.517 | 109.150 | 112.133 | 116.917 | 123.783 | 131.000 | 138.583 | 144.867 | 148.400 | 152.817 | 154.750 | 158.467 | 163.100 | 167.800 | 171.583 | 175.733 | 183.267 | 191.383 | 196.267 | 203.533 | 209.367 | 216.000 | 222.900 | 227.096 | 235.423 | 233.509 | 237.341 | 243.629 | 247.564 | 251.007 | 255.125 | 256.743 | 260.282 | 266.921 | 275.531 | 281.063 | 284.089 | 292.873 | 313.978 | 325.718 | 332.364 |