According to the U.S. Bureau of Labor Statistics, prices in Boston, Massachusetts are 1,675.76% higher in 2024 versus 1921 (a $117,303.42 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, $7,000 in Boston in the year 1921 would cost $124,303.42 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 $7,000 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 | $7,000.00 | -8.96% |
1922 | $6,379.79 | -8.86% |
1923 | $6,476.40 | 1.51% |
1924 | $6,520.04 | 0.67% |
1925 | $6,591.72 | 1.10% |
1926 | $6,834.82 | 3.69% |
1927 | $6,763.13 | -1.05% |
1928 | $6,632.24 | -1.94% |
1929 | $6,601.07 | -0.47% |
1930 | $6,554.32 | -0.71% |
1931 | $6,046.30 | -7.75% |
1932 | $5,451.02 | -9.85% |
1933 | $5,089.49 | -6.63% |
1934 | $5,248.44 | 3.12% |
1935 | $5,357.52 | 2.08% |
1936 | $5,388.69 | 0.58% |
1937 | $5,510.24 | 2.26% |
1938 | $5,369.99 | -2.55% |
1939 | $5,288.96 | -1.51% |
1940 | $5,338.82 | 0.94% |
1941 | $5,575.69 | 4.44% |
1942 | $6,170.97 | 10.68% |
1943 | $6,495.10 | 5.25% |
1944 | $6,566.79 | 1.10% |
1945 | $6,700.80 | 2.04% |
1946 | $7,249.33 | 8.19% |
1947 | $8,252.89 | 13.84% |
1948 | $8,932.32 | 8.23% |
1949 | $8,823.24 | -1.22% |
1950 | $8,938.56 | 1.31% |
1951 | $9,536.95 | 6.69% |
1952 | $9,745.77 | 2.19% |
1953 | $9,770.70 | 0.26% |
1954 | $9,808.10 | 0.38% |
1955 | $9,854.85 | 0.48% |
1956 | $10,126.00 | 2.75% |
1957 | $10,481.30 | 3.51% |
1958 | $10,817.90 | 3.21% |
1959 | $10,902.05 | 0.78% |
1960 | $11,107.75 | 1.89% |
1961 | $11,276.05 | 1.52% |
1962 | $11,519.15 | 2.16% |
1963 | $11,752.89 | 2.03% |
1964 | $11,911.84 | 1.35% |
1965 | $12,136.24 | 1.88% |
1966 | $12,510.24 | 3.08% |
1967 | $12,837.49 | 2.62% |
1968 | $13,342.39 | 3.93% |
1969 | $14,081.03 | 5.54% |
1970 | $14,941.23 | 6.11% |
1971 | $15,735.98 | 5.32% |
1972 | $16,296.97 | 3.57% |
1973 | $17,203.92 | 5.57% |
1974 | $18,980.41 | 10.33% |
1975 | $20,691.45 | 9.01% |
1976 | $22,374.44 | 8.13% |
1977 | $23,515.14 | 5.10% |
1978 | $24,771.15 | 5.34% |
1979 | $27,264.47 | 10.07% |
1980 | $30,723.95 | 12.69% |
1981 | $34,214.60 | 11.36% |
1982 | $35,679.43 | 4.28% |
1983 | $37,256.46 | 4.42% |
1984 | $39,089.05 | 4.92% |
1985 | $40,821.91 | 4.43% |
1986 | $41,937.67 | 2.73% |
1987 | $43,726.63 | 4.27% |
1988 | $46,294.75 | 5.87% |
1989 | $48,993.77 | 5.83% |
1990 | $51,829.92 | 5.79% |
1991 | $54,179.88 | 4.53% |
1992 | $55,501.34 | 2.44% |
1993 | $57,153.16 | 2.98% |
1994 | $57,876.22 | 1.27% |
1995 | $59,266.25 | 2.40% |
1996 | $60,999.11 | 2.92% |
1997 | $62,756.90 | 2.88% |
1998 | $64,171.86 | 2.25% |
1999 | $65,723.95 | 2.42% |
2000 | $68,541.41 | 4.29% |
2001 | $71,577.03 | 4.43% |
2002 | $73,403.38 | 2.55% |
2003 | $76,121.10 | 3.70% |
2004 | $78,302.76 | 2.87% |
2005 | $80,783.62 | 3.17% |
2006 | $83,364.20 | 3.19% |
2007 | $84,933.37 | 1.88% |
2008 | $88,047.85 | 3.67% |
2009 | $87,332.01 | -0.81% |
2010 | $88,764.99 | 1.64% |
2011 | $91,116.63 | 2.65% |
2012 | $92,588.37 | 1.62% |
2013 | $93,876.23 | 1.39% |
2014 | $95,416.30 | 1.64% |
2015 | $96,021.36 | 0.63% |
2016 | $97,345.00 | 1.38% |
2017 | $99,827.98 | 2.55% |
2018 | $103,048.04 | 3.23% |
2019 | $105,117.06 | 2.01% |
2020 | $106,248.72 | 1.08% |
2021 | $109,534.11 | 3.09% |
2022 | $117,427.09 | 7.21% |
2023 | $121,818.01 | 3.74% |
2024 | $124,303.42 | 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 |