According to the U.S. Bureau of Labor Statistics, prices in Boston, Massachusetts are 2,607.65% higher in 2024 versus 1917 (a $22,686,528.72 difference in value).
Between 1917 and 2024: Boston experienced an average inflation rate of 3.13% per year. This rate of change indicates significant inflation. In other words, $870,000 in Boston in the year 1917 would cost $23,556,528.72 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.02% during this same period, inflation in Boston was higher.
In the year 1917: Pricing changed by 13.48%, which is significantly above the average yearly change in Boston during the 1917-2024 time period. Compared to inflation for all items in 1917 (17.81%), inflation in Boston was much lower.
Below are calculations of equivalent buying power in Boston, over time, for $870,000 beginning in 1917. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1917 | $870,000.00 | 13.48% |
1918 | $1,024,745.42 | 17.79% |
1919 | $1,242,688.39 | 21.27% |
1920 | $1,457,087.58 | 17.25% |
1921 | $1,326,558.04 | -8.96% |
1922 | $1,209,022.40 | -8.86% |
1923 | $1,227,331.98 | 1.51% |
1924 | $1,235,600.81 | 0.67% |
1925 | $1,249,185.34 | 1.10% |
1926 | $1,295,254.58 | 3.69% |
1927 | $1,281,670.06 | -1.05% |
1928 | $1,256,863.54 | -1.94% |
1929 | $1,250,957.23 | -0.47% |
1930 | $1,242,097.76 | -0.71% |
1931 | $1,145,824.85 | -7.75% |
1932 | $1,033,014.26 | -9.85% |
1933 | $964,501.02 | -6.63% |
1934 | $994,623.22 | 3.12% |
1935 | $1,015,295.32 | 2.08% |
1936 | $1,021,201.63 | 0.58% |
1937 | $1,044,236.25 | 2.26% |
1938 | $1,017,657.84 | -2.55% |
1939 | $1,002,301.43 | -1.51% |
1940 | $1,011,751.53 | 0.94% |
1941 | $1,056,639.51 | 4.44% |
1942 | $1,169,450.10 | 10.68% |
1943 | $1,230,875.76 | 5.25% |
1944 | $1,244,460.29 | 1.10% |
1945 | $1,269,857.43 | 2.04% |
1946 | $1,373,808.55 | 8.19% |
1947 | $1,563,991.85 | 13.84% |
1948 | $1,692,749.49 | 8.23% |
1949 | $1,672,077.39 | -1.22% |
1950 | $1,693,930.75 | 1.31% |
1951 | $1,807,331.98 | 6.69% |
1952 | $1,846,904.28 | 2.19% |
1953 | $1,851,629.33 | 0.26% |
1954 | $1,858,716.90 | 0.38% |
1955 | $1,867,576.37 | 0.48% |
1956 | $1,918,961.30 | 2.75% |
1957 | $1,986,293.28 | 3.51% |
1958 | $2,050,081.47 | 3.21% |
1959 | $2,066,028.51 | 0.78% |
1960 | $2,105,010.18 | 1.89% |
1961 | $2,136,904.28 | 1.52% |
1962 | $2,182,973.52 | 2.16% |
1963 | $2,227,270.88 | 2.03% |
1964 | $2,257,393.08 | 1.35% |
1965 | $2,299,918.53 | 1.88% |
1966 | $2,370,794.30 | 3.08% |
1967 | $2,432,810.59 | 2.62% |
1968 | $2,528,492.87 | 3.93% |
1969 | $2,668,472.51 | 5.54% |
1970 | $2,831,486.76 | 6.11% |
1971 | $2,982,097.76 | 5.32% |
1972 | $3,088,411.41 | 3.57% |
1973 | $3,260,285.13 | 5.57% |
1974 | $3,596,945.01 | 10.33% |
1975 | $3,921,201.63 | 9.01% |
1976 | $4,240,142.57 | 8.13% |
1977 | $4,456,313.65 | 5.10% |
1978 | $4,694,338.09 | 5.34% |
1979 | $5,166,843.18 | 10.07% |
1980 | $5,822,443.99 | 12.69% |
1981 | $6,483,951.12 | 11.36% |
1982 | $6,761,547.86 | 4.28% |
1983 | $7,060,407.33 | 4.42% |
1984 | $7,407,698.57 | 4.92% |
1985 | $7,736,089.61 | 4.43% |
1986 | $7,947,535.64 | 2.73% |
1987 | $8,286,558.04 | 4.27% |
1988 | $8,773,238.29 | 5.87% |
1989 | $9,284,725.05 | 5.83% |
1990 | $9,822,199.59 | 5.79% |
1991 | $10,267,535.64 | 4.53% |
1992 | $10,517,963.34 | 2.44% |
1993 | $10,830,997.96 | 2.98% |
1994 | $10,968,024.44 | 1.27% |
1995 | $11,231,446.03 | 2.40% |
1996 | $11,559,837.07 | 2.92% |
1997 | $11,892,953.16 | 2.88% |
1998 | $12,161,099.80 | 2.25% |
1999 | $12,455,234.22 | 2.42% |
2000 | $12,989,164.97 | 4.29% |
2001 | $13,564,439.92 | 4.43% |
2002 | $13,910,549.90 | 2.55% |
2003 | $14,425,580.45 | 3.70% |
2004 | $14,839,022.40 | 2.87% |
2005 | $15,309,164.97 | 3.17% |
2006 | $15,798,207.74 | 3.19% |
2007 | $16,095,578.82 | 1.88% |
2008 | $16,685,796.74 | 3.67% |
2009 | $16,550,140.53 | -0.81% |
2010 | $16,821,701.02 | 1.64% |
2011 | $17,267,356.01 | 2.65% |
2012 | $17,546,263.95 | 1.62% |
2013 | $17,790,324.64 | 1.39% |
2014 | $18,082,179.23 | 1.64% |
2015 | $18,196,844.40 | 0.63% |
2016 | $18,447,685.54 | 1.38% |
2017 | $18,918,229.74 | 2.55% |
2018 | $19,528,458.25 | 3.23% |
2019 | $19,920,554.79 | 2.01% |
2020 | $20,135,013.03 | 1.08% |
2021 | $20,757,621.18 | 3.09% |
2022 | $22,253,406.92 | 7.21% |
2023 | $23,085,523.83 | 3.74% |
2024 | $23,556,528.72 | 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 |