According to the U.S. Bureau of Labor Statistics, prices in Boston, Massachusetts are 1,819.33% higher in 2024 versus 1923 (a $149,184.91 difference in value).
Between 1923 and 2024: Boston experienced an average inflation rate of 2.97% per year. This rate of change indicates significant inflation. In other words, $8,200 in Boston in the year 1923 would cost $157,384.91 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.91% during this same period, inflation in Boston was higher.
In the year 1923: Pricing changed by 1.51%, which is below the average yearly change in Boston during the 1923-2024 time period. Compared to inflation for all items in 1923 (1.79%), inflation in Boston was lower.
Below are calculations of equivalent buying power in Boston, over time, for $8,200 beginning in 1923. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1923 | $8,200.00 | 1.51% |
1924 | $8,255.25 | 0.67% |
1925 | $8,346.01 | 1.10% |
1926 | $8,653.80 | 3.69% |
1927 | $8,563.04 | -1.05% |
1928 | $8,397.31 | -1.94% |
1929 | $8,357.84 | -0.47% |
1930 | $8,298.65 | -0.71% |
1931 | $7,655.44 | -7.75% |
1932 | $6,901.73 | -9.85% |
1933 | $6,443.98 | -6.63% |
1934 | $6,645.24 | 3.12% |
1935 | $6,783.35 | 2.08% |
1936 | $6,822.81 | 0.58% |
1937 | $6,976.71 | 2.26% |
1938 | $6,799.13 | -2.55% |
1939 | $6,696.54 | -1.51% |
1940 | $6,759.67 | 0.94% |
1941 | $7,059.58 | 4.44% |
1942 | $7,813.28 | 10.68% |
1943 | $8,223.68 | 5.25% |
1944 | $8,314.44 | 1.10% |
1945 | $8,484.12 | 2.04% |
1946 | $9,178.63 | 8.19% |
1947 | $10,449.28 | 13.84% |
1948 | $11,309.53 | 8.23% |
1949 | $11,171.41 | -1.22% |
1950 | $11,317.42 | 1.31% |
1951 | $12,075.07 | 6.69% |
1952 | $12,339.46 | 2.19% |
1953 | $12,371.03 | 0.26% |
1954 | $12,418.38 | 0.38% |
1955 | $12,477.57 | 0.48% |
1956 | $12,820.89 | 2.75% |
1957 | $13,270.74 | 3.51% |
1958 | $13,696.92 | 3.21% |
1959 | $13,803.46 | 0.78% |
1960 | $14,063.91 | 1.89% |
1961 | $14,277.00 | 1.52% |
1962 | $14,584.79 | 2.16% |
1963 | $14,880.75 | 2.03% |
1964 | $15,082.00 | 1.35% |
1965 | $15,366.12 | 1.88% |
1966 | $15,839.65 | 3.08% |
1967 | $16,253.99 | 2.62% |
1968 | $16,893.26 | 3.93% |
1969 | $17,828.49 | 5.54% |
1970 | $18,917.61 | 6.11% |
1971 | $19,923.87 | 5.32% |
1972 | $20,634.17 | 3.57% |
1973 | $21,782.48 | 5.57% |
1974 | $24,031.76 | 10.33% |
1975 | $26,198.17 | 9.01% |
1976 | $28,329.07 | 8.13% |
1977 | $29,773.34 | 5.10% |
1978 | $31,363.62 | 5.34% |
1979 | $34,520.50 | 10.07% |
1980 | $38,900.67 | 12.69% |
1981 | $43,320.31 | 11.36% |
1982 | $45,174.98 | 4.28% |
1983 | $47,171.70 | 4.42% |
1984 | $49,492.01 | 4.92% |
1985 | $51,686.04 | 4.43% |
1986 | $53,098.75 | 2.73% |
1987 | $55,363.81 | 4.27% |
1988 | $58,615.40 | 5.87% |
1989 | $62,032.72 | 5.83% |
1990 | $65,623.68 | 5.79% |
1991 | $68,599.04 | 4.53% |
1992 | $70,272.18 | 2.44% |
1993 | $72,363.62 | 2.98% |
1994 | $73,279.11 | 1.27% |
1995 | $75,039.08 | 2.40% |
1996 | $77,233.11 | 2.92% |
1997 | $79,458.71 | 2.88% |
1998 | $81,250.24 | 2.25% |
1999 | $83,215.40 | 2.42% |
2000 | $86,782.68 | 4.29% |
2001 | $90,626.18 | 4.43% |
2002 | $92,938.59 | 2.55% |
2003 | $96,379.60 | 3.70% |
2004 | $99,141.87 | 2.87% |
2005 | $102,282.96 | 3.17% |
2006 | $105,550.34 | 3.19% |
2007 | $107,537.12 | 1.88% |
2008 | $111,480.46 | 3.67% |
2009 | $110,574.12 | -0.81% |
2010 | $112,388.46 | 1.64% |
2011 | $115,365.95 | 2.65% |
2012 | $117,229.38 | 1.62% |
2013 | $118,859.99 | 1.39% |
2014 | $120,809.91 | 1.64% |
2015 | $121,576.01 | 0.63% |
2016 | $123,251.92 | 1.38% |
2017 | $126,395.70 | 2.55% |
2018 | $130,472.73 | 3.23% |
2019 | $133,092.39 | 2.01% |
2020 | $134,525.22 | 1.08% |
2021 | $138,684.97 | 3.09% |
2022 | $148,678.55 | 7.21% |
2023 | $154,238.05 | 3.74% |
2024 | $157,384.91 | 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 |