According to the U.S. Bureau of Labor Statistics, prices in Boston, Massachusetts are 1,838.91% higher in 2024 versus 1922 (a $331,004.08 difference in value).
Between 1922 and 2024: Boston experienced an average inflation rate of 2.95% per year. This rate of change indicates significant inflation. In other words, $18,000 in Boston in the year 1922 would cost $349,004.08 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.90% during this same period, inflation in Boston was higher.
In the year 1922: Pricing changed by -8.86%, which is significantly below the average yearly change in Boston during the 1922-2024 time period. Compared to inflation for all items in 1922 (-6.16%), inflation in Boston was lower.
Below are calculations of equivalent buying power in Boston, over time, for $18,000 beginning in 1922. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1922 | $18,000.00 | -8.86% |
1923 | $18,272.59 | 1.51% |
1924 | $18,395.70 | 0.67% |
1925 | $18,597.95 | 1.10% |
1926 | $19,283.83 | 3.69% |
1927 | $19,081.58 | -1.05% |
1928 | $18,712.26 | -1.94% |
1929 | $18,624.33 | -0.47% |
1930 | $18,492.43 | -0.71% |
1931 | $17,059.11 | -7.75% |
1932 | $15,379.58 | -9.85% |
1933 | $14,359.55 | -6.63% |
1934 | $14,808.01 | 3.12% |
1935 | $15,115.78 | 2.08% |
1936 | $15,203.71 | 0.58% |
1937 | $15,546.65 | 2.26% |
1938 | $15,150.95 | -2.55% |
1939 | $14,922.33 | -1.51% |
1940 | $15,063.02 | 0.94% |
1941 | $15,731.31 | 4.44% |
1942 | $17,410.85 | 10.68% |
1943 | $18,325.35 | 5.25% |
1944 | $18,527.60 | 1.10% |
1945 | $18,905.72 | 2.04% |
1946 | $20,453.35 | 8.19% |
1947 | $23,284.81 | 13.84% |
1948 | $25,201.76 | 8.23% |
1949 | $24,893.99 | -1.22% |
1950 | $25,219.35 | 1.31% |
1951 | $26,907.67 | 6.69% |
1952 | $27,496.82 | 2.19% |
1953 | $27,567.17 | 0.26% |
1954 | $27,672.69 | 0.38% |
1955 | $27,804.59 | 0.48% |
1956 | $28,569.61 | 2.75% |
1957 | $29,572.06 | 3.51% |
1958 | $30,521.74 | 3.21% |
1959 | $30,759.16 | 0.78% |
1960 | $31,339.52 | 1.89% |
1961 | $31,814.36 | 1.52% |
1962 | $32,500.24 | 2.16% |
1963 | $33,159.75 | 2.03% |
1964 | $33,608.21 | 1.35% |
1965 | $34,241.33 | 1.88% |
1966 | $35,296.53 | 3.08% |
1967 | $36,219.83 | 2.62% |
1968 | $37,644.36 | 3.93% |
1969 | $39,728.38 | 5.54% |
1970 | $42,155.35 | 6.11% |
1971 | $44,397.66 | 5.32% |
1972 | $45,980.46 | 3.57% |
1973 | $48,539.33 | 5.57% |
1974 | $53,551.54 | 10.33% |
1975 | $58,379.09 | 9.01% |
1976 | $63,127.50 | 8.13% |
1977 | $66,345.87 | 5.10% |
1978 | $69,889.59 | 5.34% |
1979 | $76,924.28 | 10.07% |
1980 | $86,684.90 | 12.69% |
1981 | $96,533.46 | 11.36% |
1982 | $100,666.34 | 4.28% |
1983 | $105,115.78 | 4.42% |
1984 | $110,286.27 | 4.92% |
1985 | $115,175.38 | 4.43% |
1986 | $118,323.40 | 2.73% |
1987 | $123,370.79 | 4.27% |
1988 | $130,616.51 | 5.87% |
1989 | $138,231.56 | 5.83% |
1990 | $146,233.51 | 5.79% |
1991 | $152,863.70 | 4.53% |
1992 | $156,592.09 | 2.44% |
1993 | $161,252.56 | 2.98% |
1994 | $163,292.62 | 1.27% |
1995 | $167,214.46 | 2.40% |
1996 | $172,103.57 | 2.92% |
1997 | $177,063.02 | 2.88% |
1998 | $181,055.20 | 2.25% |
1999 | $185,434.29 | 2.42% |
2000 | $193,383.49 | 4.29% |
2001 | $201,948.22 | 4.43% |
2002 | $207,101.12 | 2.55% |
2003 | $214,768.93 | 3.70% |
2004 | $220,924.28 | 2.87% |
2005 | $227,923.79 | 3.17% |
2006 | $235,204.69 | 3.19% |
2007 | $239,631.97 | 1.88% |
2008 | $248,419.17 | 3.67% |
2009 | $246,399.51 | -0.81% |
2010 | $250,442.52 | 1.64% |
2011 | $257,077.46 | 2.65% |
2012 | $261,229.86 | 1.62% |
2013 | $264,863.45 | 1.39% |
2014 | $269,208.60 | 1.64% |
2015 | $270,915.74 | 0.63% |
2016 | $274,650.28 | 1.38% |
2017 | $281,655.77 | 2.55% |
2018 | $290,740.89 | 3.23% |
2019 | $296,578.45 | 2.01% |
2020 | $299,771.31 | 1.08% |
2021 | $309,040.74 | 3.09% |
2022 | $331,310.09 | 7.21% |
2023 | $343,698.70 | 3.74% |
2024 | $349,004.08 | 1.54%* |
* 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 | 330.746 |