According to the U.S. Bureau of Labor Statistics, prices in Boston, Massachusetts are 1,675.76% higher in 2024 versus 1921 (a $8,881,544.61 difference in value).
Between 1921 and 2024: Boston experienced an average inflation rate of 2.83% per year. This rate of change indicates significant inflation. In other words, $530,000 in Boston in the year 1921 would cost $9,411,544.61 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.81% during this same period, inflation in Boston was higher.
In the year 1921: Pricing changed by -8.96%, which is significantly below the average yearly change in Boston during the 1921-2024 time period. Compared to inflation for all items in 1921 (-10.90%), inflation in Boston was higher.
Below are calculations of equivalent buying power in Boston, over time, for $530,000 beginning in 1921. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1921 | $530,000.00 | -8.96% |
1922 | $483,040.96 | -8.86% |
1923 | $490,356.19 | 1.51% |
1924 | $493,659.84 | 0.67% |
1925 | $499,087.27 | 1.10% |
1926 | $517,493.32 | 3.69% |
1927 | $512,065.89 | -1.05% |
1928 | $502,154.94 | -1.94% |
1929 | $499,795.19 | -0.47% |
1930 | $496,255.57 | -0.71% |
1931 | $457,791.63 | -7.75% |
1932 | $412,720.39 | -9.85% |
1933 | $385,347.28 | -6.63% |
1934 | $397,382.01 | 3.12% |
1935 | $405,641.14 | 2.08% |
1936 | $408,000.89 | 0.58% |
1937 | $417,203.92 | 2.26% |
1938 | $406,585.04 | -2.55% |
1939 | $400,449.69 | -1.51% |
1940 | $404,225.29 | 0.94% |
1941 | $422,159.39 | 4.44% |
1942 | $467,230.63 | 10.68% |
1943 | $491,772.04 | 5.25% |
1944 | $497,199.47 | 1.10% |
1945 | $507,346.39 | 2.04% |
1946 | $548,878.01 | 8.19% |
1947 | $624,861.98 | 13.84% |
1948 | $676,304.54 | 8.23% |
1949 | $668,045.41 | -1.22% |
1950 | $676,776.49 | 1.31% |
1951 | $722,083.70 | 6.69% |
1952 | $737,894.03 | 2.19% |
1953 | $739,781.83 | 0.26% |
1954 | $742,613.54 | 0.38% |
1955 | $746,153.16 | 0.48% |
1956 | $766,682.99 | 2.75% |
1957 | $793,584.15 | 3.51% |
1958 | $819,069.46 | 3.21% |
1959 | $825,440.78 | 0.78% |
1960 | $841,015.14 | 1.89% |
1961 | $853,757.79 | 1.52% |
1962 | $872,163.85 | 2.16% |
1963 | $889,861.98 | 2.03% |
1964 | $901,896.71 | 1.35% |
1965 | $918,886.91 | 1.88% |
1966 | $947,203.92 | 3.08% |
1967 | $971,981.30 | 2.62% |
1968 | $1,010,209.26 | 3.93% |
1969 | $1,066,135.35 | 5.54% |
1970 | $1,131,264.47 | 6.11% |
1971 | $1,191,438.11 | 5.32% |
1972 | $1,233,913.62 | 3.57% |
1973 | $1,302,582.37 | 5.57% |
1974 | $1,437,088.16 | 10.33% |
1975 | $1,566,638.47 | 9.01% |
1976 | $1,694,065.00 | 8.13% |
1977 | $1,780,431.88 | 5.10% |
1978 | $1,875,529.83 | 5.34% |
1979 | $2,064,309.88 | 10.07% |
1980 | $2,326,242.21 | 12.69% |
1981 | $2,590,534.28 | 11.36% |
1982 | $2,701,442.56 | 4.28% |
1983 | $2,820,845.95 | 4.42% |
1984 | $2,959,599.29 | 4.92% |
1985 | $3,090,801.42 | 4.43% |
1986 | $3,175,280.50 | 2.73% |
1987 | $3,310,730.19 | 4.27% |
1988 | $3,505,173.64 | 5.87% |
1989 | $3,709,528.05 | 5.83% |
1990 | $3,924,265.36 | 5.79% |
1991 | $4,102,190.56 | 4.53% |
1992 | $4,202,243.99 | 2.44% |
1993 | $4,327,310.77 | 2.98% |
1994 | $4,382,056.99 | 1.27% |
1995 | $4,487,301.87 | 2.40% |
1996 | $4,618,504.01 | 2.92% |
1997 | $4,751,593.94 | 2.88% |
1998 | $4,858,726.63 | 2.25% |
1999 | $4,976,242.21 | 2.42% |
2000 | $5,189,563.67 | 4.29% |
2001 | $5,419,403.38 | 4.43% |
2002 | $5,557,684.77 | 2.55% |
2003 | $5,763,455.03 | 3.70% |
2004 | $5,928,637.58 | 2.87% |
2005 | $6,116,473.73 | 3.17% |
2006 | $6,311,861.09 | 3.19% |
2007 | $6,430,669.81 | 1.88% |
2008 | $6,666,479.70 | 3.67% |
2009 | $6,612,280.94 | -0.81% |
2010 | $6,720,777.56 | 1.64% |
2011 | $6,898,830.19 | 2.65% |
2012 | $7,010,262.33 | 1.62% |
2013 | $7,107,771.95 | 1.39% |
2014 | $7,224,376.67 | 1.64% |
2015 | $7,270,188.87 | 0.63% |
2016 | $7,370,407.48 | 1.38% |
2017 | $7,558,404.10 | 2.55% |
2018 | $7,802,208.82 | 3.23% |
2019 | $7,958,863.22 | 2.01% |
2020 | $8,044,545.77 | 1.08% |
2021 | $8,293,296.53 | 3.09% |
2022 | $8,890,908.10 | 7.21% |
2023 | $9,223,363.94 | 3.74% |
2024 | $9,411,544.61 | 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 |