According to the U.S. Bureau of Labor Statistics, prices in Boston, Massachusetts are 2,957.74% higher in 2024 versus 1916 (a $218,873.07 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, $7,400 in Boston in the year 1916 would cost $226,273.07 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 $7,400 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 | $7,400.00 | 2.85% |
1917 | $8,397.69 | 13.48% |
1918 | $9,891.37 | 17.79% |
1919 | $11,995.07 | 21.27% |
1920 | $14,064.56 | 17.25% |
1921 | $12,804.62 | -8.96% |
1922 | $11,670.11 | -8.86% |
1923 | $11,846.84 | 1.51% |
1924 | $11,926.66 | 0.67% |
1925 | $12,057.78 | 1.10% |
1926 | $12,502.47 | 3.69% |
1927 | $12,371.34 | -1.05% |
1928 | $12,131.90 | -1.94% |
1929 | $12,074.88 | -0.47% |
1930 | $11,989.37 | -0.71% |
1931 | $11,060.09 | -7.75% |
1932 | $9,971.19 | -9.85% |
1933 | $9,309.86 | -6.63% |
1934 | $9,600.62 | 3.12% |
1935 | $9,800.15 | 2.08% |
1936 | $9,857.16 | 0.58% |
1937 | $10,079.51 | 2.26% |
1938 | $9,822.96 | -2.55% |
1939 | $9,674.73 | -1.51% |
1940 | $9,765.95 | 0.94% |
1941 | $10,199.23 | 4.44% |
1942 | $11,288.14 | 10.68% |
1943 | $11,881.05 | 5.25% |
1944 | $12,012.17 | 1.10% |
1945 | $12,257.32 | 2.04% |
1946 | $13,260.71 | 8.19% |
1947 | $15,096.46 | 13.84% |
1948 | $16,339.29 | 8.23% |
1949 | $16,139.75 | -1.22% |
1950 | $16,350.69 | 1.31% |
1951 | $17,445.30 | 6.69% |
1952 | $17,827.27 | 2.19% |
1953 | $17,872.88 | 0.26% |
1954 | $17,941.29 | 0.38% |
1955 | $18,026.81 | 0.48% |
1956 | $18,522.80 | 2.75% |
1957 | $19,172.73 | 3.51% |
1958 | $19,788.44 | 3.21% |
1959 | $19,942.37 | 0.78% |
1960 | $20,318.64 | 1.89% |
1961 | $20,626.50 | 1.52% |
1962 | $21,071.19 | 2.16% |
1963 | $21,498.77 | 2.03% |
1964 | $21,789.52 | 1.35% |
1965 | $22,200.00 | 1.88% |
1966 | $22,884.13 | 3.08% |
1967 | $23,482.74 | 2.62% |
1968 | $24,406.32 | 3.93% |
1969 | $25,757.47 | 5.54% |
1970 | $27,330.97 | 6.11% |
1971 | $28,784.75 | 5.32% |
1972 | $29,810.94 | 3.57% |
1973 | $31,469.95 | 5.57% |
1974 | $34,719.57 | 10.33% |
1975 | $37,849.46 | 9.01% |
1976 | $40,928.04 | 8.13% |
1977 | $43,014.64 | 5.10% |
1978 | $45,312.17 | 5.34% |
1979 | $49,873.04 | 10.07% |
1980 | $56,201.23 | 12.69% |
1981 | $62,586.44 | 11.36% |
1982 | $65,265.95 | 4.28% |
1983 | $68,150.69 | 4.42% |
1984 | $71,502.93 | 4.92% |
1985 | $74,672.73 | 4.43% |
1986 | $76,713.71 | 2.73% |
1987 | $79,986.13 | 4.27% |
1988 | $84,683.82 | 5.87% |
1989 | $89,620.96 | 5.83% |
1990 | $94,808.94 | 5.79% |
1991 | $99,107.55 | 4.53% |
1992 | $101,524.81 | 2.44% |
1993 | $104,546.38 | 2.98% |
1994 | $105,869.03 | 1.27% |
1995 | $108,411.71 | 2.40% |
1996 | $111,581.51 | 2.92% |
1997 | $114,796.92 | 2.88% |
1998 | $117,385.21 | 2.25% |
1999 | $120,224.35 | 2.42% |
2000 | $125,378.12 | 4.29% |
2001 | $130,930.97 | 4.43% |
2002 | $134,271.80 | 2.55% |
2003 | $139,243.14 | 3.70% |
2004 | $143,233.90 | 2.87% |
2005 | $147,771.96 | 3.17% |
2006 | $152,492.45 | 3.19% |
2007 | $155,362.83 | 1.88% |
2008 | $161,059.92 | 3.67% |
2009 | $159,750.49 | -0.81% |
2010 | $162,371.73 | 1.64% |
2011 | $166,673.43 | 2.65% |
2012 | $169,365.59 | 1.62% |
2013 | $171,721.39 | 1.39% |
2014 | $174,538.52 | 1.64% |
2015 | $175,645.33 | 0.63% |
2016 | $178,066.58 | 1.38% |
2017 | $182,608.51 | 2.55% |
2018 | $188,498.75 | 3.23% |
2019 | $192,283.47 | 2.01% |
2020 | $194,353.53 | 1.08% |
2021 | $200,363.27 | 3.09% |
2022 | $214,801.36 | 7.21% |
2023 | $222,833.38 | 3.74% |
2024 | $226,273.07 | 1.54%* |
* 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 | 330.746 |