According to the U.S. Bureau of Labor Statistics, prices in Boston, Massachusetts are 1,516.69% higher in 2024 versus 1920 (a $4,428,722,691.53 difference in value).
Between 1920 and 2024: Boston experienced an average inflation rate of 2.71% per year. This rate of change indicates significant inflation. In other words, $292,000,000 in Boston in the year 1920 would cost $4,720,722,691.53 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.67% during this same period, inflation in Boston was higher.
In the year 1920: Pricing changed by 17.25%, which is significantly above the average yearly change in Boston during the 1920-2024 time period. Compared to inflation for all items in 1920 (15.62%), inflation in Boston was higher.
Below are calculations of equivalent buying power in Boston, over time, for $292,000,000 beginning in 1920. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1920 | $292,000,000.00 | 17.25% |
1921 | $265,841,913.25 | -8.96% |
1922 | $242,287,798.95 | -8.86% |
1923 | $245,957,032.83 | 1.51% |
1924 | $247,614,106.20 | 0.67% |
1925 | $250,336,441.02 | 1.10% |
1926 | $259,568,706.93 | 3.69% |
1927 | $256,846,372.11 | -1.05% |
1928 | $251,875,152.01 | -1.94% |
1929 | $250,691,528.17 | -0.47% |
1930 | $248,916,092.42 | -0.71% |
1931 | $229,623,023.92 | -7.75% |
1932 | $207,015,808.67 | -9.85% |
1933 | $193,285,772.19 | -6.63% |
1934 | $199,322,253.75 | 3.12% |
1935 | $203,464,937.17 | 2.08% |
1936 | $204,648,561.01 | 0.58% |
1937 | $209,264,693.96 | 2.26% |
1938 | $203,938,386.70 | -2.55% |
1939 | $200,860,964.73 | -1.51% |
1940 | $202,754,762.87 | 0.94% |
1941 | $211,750,304.01 | 4.44% |
1942 | $234,357,519.25 | 10.68% |
1943 | $246,667,207.13 | 5.25% |
1944 | $249,389,541.95 | 1.10% |
1945 | $254,479,124.44 | 2.04% |
1946 | $275,310,903.93 | 8.19% |
1947 | $313,423,591.41 | 13.84% |
1948 | $339,226,591.00 | 8.23% |
1949 | $335,083,907.58 | -1.22% |
1950 | $339,463,315.77 | 1.31% |
1951 | $362,188,893.39 | 6.69% |
1952 | $370,119,173.08 | 2.19% |
1953 | $371,066,072.15 | 0.26% |
1954 | $372,486,420.75 | 0.38% |
1955 | $374,261,856.51 | 0.48% |
1956 | $384,559,383.87 | 2.75% |
1957 | $398,052,695.58 | 3.51% |
1958 | $410,835,833.00 | 3.21% |
1959 | $414,031,617.35 | 0.78% |
1960 | $421,843,534.66 | 1.89% |
1961 | $428,235,103.36 | 1.52% |
1962 | $437,467,369.27 | 2.16% |
1963 | $446,344,548.03 | 2.03% |
1964 | $452,381,029.59 | 1.35% |
1965 | $460,903,121.20 | 1.88% |
1966 | $475,106,607.22 | 3.08% |
1967 | $487,534,657.48 | 2.62% |
1968 | $506,709,363.60 | 3.93% |
1969 | $534,761,248.48 | 5.54% |
1970 | $567,429,266.32 | 6.11% |
1971 | $597,611,674.10 | 5.32% |
1972 | $618,916,903.12 | 3.57% |
1973 | $653,360,356.71 | 5.57% |
1974 | $720,826,915.28 | 10.33% |
1975 | $785,807,863.80 | 9.01% |
1976 | $849,723,550.87 | 8.13% |
1977 | $893,044,183.22 | 5.10% |
1978 | $940,744,223.75 | 5.34% |
1979 | $1,035,434,130.52 | 10.07% |
1980 | $1,166,816,376.17 | 12.69% |
1981 | $1,299,382,245.64 | 11.36% |
1982 | $1,355,012,565.87 | 4.28% |
1983 | $1,414,903,931.90 | 4.42% |
1984 | $1,484,501,013.38 | 4.92% |
1985 | $1,550,310,498.58 | 4.43% |
1986 | $1,592,684,231.86 | 2.73% |
1987 | $1,660,624,239.97 | 4.27% |
1988 | $1,758,154,843.94 | 5.87% |
1989 | $1,860,656,668.02 | 5.83% |
1990 | $1,968,366,436.97 | 5.79% |
1991 | $2,057,611,674.10 | 4.53% |
1992 | $2,107,797,324.69 | 2.44% |
1993 | $2,170,529,387.92 | 2.98% |
1994 | $2,197,989,460.88 | 1.27% |
1995 | $2,250,779,083.91 | 2.40% |
1996 | $2,316,588,569.11 | 2.92% |
1997 | $2,383,344,953.38 | 2.88% |
1998 | $2,437,081,475.48 | 2.25% |
1999 | $2,496,025,942.44 | 2.42% |
2000 | $2,603,025,537.09 | 4.29% |
2001 | $2,718,310,498.58 | 4.43% |
2002 | $2,787,670,855.29 | 2.55% |
2003 | $2,890,882,853.67 | 3.70% |
2004 | $2,973,736,522.09 | 2.87% |
2005 | $3,067,952,979.33 | 3.17% |
2006 | $3,165,957,032.83 | 3.19% |
2007 | $3,225,550,125.66 | 1.88% |
2008 | $3,343,829,655.45 | 3.67% |
2009 | $3,316,644,183.22 | -0.81% |
2010 | $3,371,064,839.89 | 1.64% |
2011 | $3,460,373,992.70 | 2.65% |
2012 | $3,516,267,077.42 | 1.62% |
2013 | $3,565,176,781.52 | 1.39% |
2014 | $3,623,664,369.68 | 1.64% |
2015 | $3,646,643,242.81 | 0.63% |
2016 | $3,696,911,747.06 | 1.38% |
2017 | $3,791,208,690.72 | 2.55% |
2018 | $3,913,498,338.06 | 3.23% |
2019 | $3,992,074,389.95 | 2.01% |
2020 | $4,035,051,771.38 | 1.08% |
2021 | $4,159,822,294.28 | 3.09% |
2022 | $4,459,577,397.65 | 7.21% |
2023 | $4,626,333,425.21 | 3.74% |
2024 | $4,720,722,691.53 | 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 |