According to the U.S. Bureau of Labor Statistics, prices in Boston, Massachusetts are 2,972.70% higher in 2024 versus 1916 (a $25,267,946.07 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, $850,000 in Boston in the year 1916 would cost $26,117,946.07 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 $850,000 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 | $850,000.00 | 2.85% |
1917 | $964,599.38 | 13.48% |
1918 | $1,136,171.03 | 17.79% |
1919 | $1,377,812.02 | 21.27% |
1920 | $1,615,523.88 | 17.25% |
1921 | $1,470,801.23 | -8.96% |
1922 | $1,340,485.36 | -8.86% |
1923 | $1,360,785.82 | 1.51% |
1924 | $1,369,953.78 | 0.67% |
1925 | $1,385,015.41 | 1.10% |
1926 | $1,436,093.99 | 3.69% |
1927 | $1,421,032.36 | -1.05% |
1928 | $1,393,528.51 | -1.94% |
1929 | $1,386,979.97 | -0.47% |
1930 | $1,377,157.16 | -0.71% |
1931 | $1,270,416.02 | -7.75% |
1932 | $1,145,338.98 | -9.85% |
1933 | $1,069,375.96 | -6.63% |
1934 | $1,102,773.50 | 3.12% |
1935 | $1,125,693.37 | 2.08% |
1936 | $1,132,241.91 | 0.58% |
1937 | $1,157,781.20 | 2.26% |
1938 | $1,128,312.79 | -2.55% |
1939 | $1,111,286.59 | -1.51% |
1940 | $1,121,764.25 | 0.94% |
1941 | $1,171,533.13 | 4.44% |
1942 | $1,296,610.17 | 10.68% |
1943 | $1,364,714.95 | 5.25% |
1944 | $1,379,776.58 | 1.10% |
1945 | $1,407,935.29 | 2.04% |
1946 | $1,523,189.52 | 8.19% |
1947 | $1,734,052.39 | 13.84% |
1948 | $1,876,810.48 | 8.23% |
1949 | $1,853,890.60 | -1.22% |
1950 | $1,878,120.18 | 1.31% |
1951 | $2,003,852.08 | 6.69% |
1952 | $2,047,727.27 | 2.19% |
1953 | $2,052,966.10 | 0.26% |
1954 | $2,060,824.35 | 0.38% |
1955 | $2,070,647.15 | 0.48% |
1956 | $2,127,619.41 | 2.75% |
1957 | $2,202,272.73 | 3.51% |
1958 | $2,272,996.92 | 3.21% |
1959 | $2,290,677.97 | 0.78% |
1960 | $2,333,898.31 | 1.89% |
1961 | $2,369,260.40 | 1.52% |
1962 | $2,420,338.98 | 2.16% |
1963 | $2,469,453.00 | 2.03% |
1964 | $2,502,850.54 | 1.35% |
1965 | $2,550,000.00 | 1.88% |
1966 | $2,628,582.43 | 3.08% |
1967 | $2,697,342.06 | 2.62% |
1968 | $2,803,428.35 | 3.93% |
1969 | $2,958,628.66 | 5.54% |
1970 | $3,139,368.26 | 6.11% |
1971 | $3,306,355.93 | 5.32% |
1972 | $3,424,229.58 | 3.57% |
1973 | $3,614,791.99 | 5.57% |
1974 | $3,988,058.55 | 10.33% |
1975 | $4,347,573.19 | 9.01% |
1976 | $4,701,194.14 | 8.13% |
1977 | $4,940,870.57 | 5.10% |
1978 | $5,204,776.58 | 5.34% |
1979 | $5,728,659.48 | 10.07% |
1980 | $6,455,547.00 | 12.69% |
1981 | $7,188,983.05 | 11.36% |
1982 | $7,496,764.25 | 4.28% |
1983 | $7,828,120.18 | 4.42% |
1984 | $8,213,174.11 | 4.92% |
1985 | $8,577,272.73 | 4.43% |
1986 | $8,811,710.32 | 2.73% |
1987 | $9,187,596.30 | 4.27% |
1988 | $9,727,195.69 | 5.87% |
1989 | $10,294,298.92 | 5.83% |
1990 | $10,890,215.72 | 5.79% |
1991 | $11,383,975.35 | 4.53% |
1992 | $11,661,633.28 | 2.44% |
1993 | $12,008,705.70 | 2.98% |
1994 | $12,160,631.74 | 1.27% |
1995 | $12,452,696.46 | 2.40% |
1996 | $12,816,795.07 | 2.92% |
1997 | $13,186,132.51 | 2.88% |
1998 | $13,483,436.06 | 2.25% |
1999 | $13,809,553.16 | 2.42% |
2000 | $14,401,540.83 | 4.29% |
2001 | $15,039,368.26 | 4.43% |
2002 | $15,423,112.48 | 2.55% |
2003 | $15,994,144.84 | 3.70% |
2004 | $16,452,542.37 | 2.87% |
2005 | $16,973,805.86 | 3.17% |
2006 | $17,516,024.65 | 3.19% |
2007 | $17,845,730.35 | 1.88% |
2008 | $18,500,125.58 | 3.67% |
2009 | $18,349,718.80 | -0.81% |
2010 | $18,650,807.40 | 1.64% |
2011 | $19,144,920.65 | 2.65% |
2012 | $19,454,155.62 | 1.62% |
2013 | $19,724,754.24 | 1.39% |
2014 | $20,048,343.61 | 1.64% |
2015 | $20,175,476.89 | 0.63% |
2016 | $20,453,593.22 | 1.38% |
2017 | $20,975,302.00 | 2.55% |
2018 | $21,651,883.67 | 3.23% |
2019 | $22,086,614.79 | 2.01% |
2020 | $22,324,392.14 | 1.08% |
2021 | $23,014,699.54 | 3.09% |
2022 | $24,673,129.43 | 7.21% |
2023 | $25,595,726.50 | 3.74% |
2024 | $26,117,946.07 | 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 |