According to the U.S. Bureau of Labor Statistics, prices in Boston, Massachusetts are 2,305.34% higher in 2025 versus 1938 (a $1,106,562.65 difference in value).
Between 1938 and 2025: Boston experienced an average inflation rate of 3.72% per year. This rate of change indicates significant inflation. In other words, $48,000 in Boston in the year 1938 would cost $1,154,562.65 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 3.66% during this same period, inflation in Boston was higher.
In the year 1938: Pricing changed by -2.55%, which is significantly below the average yearly change in Boston during the 1938-2025 time period. Compared to inflation for all items in 1938 (-2.03%), inflation in Boston was lower.
Below are calculations of equivalent buying power in Boston, over time, for $48,000 beginning in 1938. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1938 | $48,000.00 | -2.55% |
| 1939 | $47,275.68 | -1.51% |
| 1940 | $47,721.42 | 0.94% |
| 1941 | $49,838.65 | 4.44% |
| 1942 | $55,159.61 | 10.68% |
| 1943 | $58,056.88 | 5.25% |
| 1944 | $58,697.62 | 1.10% |
| 1945 | $59,895.53 | 2.04% |
| 1946 | $64,798.61 | 8.19% |
| 1947 | $73,769.01 | 13.84% |
| 1948 | $79,842.14 | 8.23% |
| 1949 | $78,867.09 | -1.22% |
| 1950 | $79,897.85 | 1.31% |
| 1951 | $85,246.66 | 6.69% |
| 1952 | $87,113.17 | 2.19% |
| 1953 | $87,336.04 | 0.26% |
| 1954 | $87,670.34 | 0.38% |
| 1955 | $88,088.22 | 0.48% |
| 1956 | $90,511.90 | 2.75% |
| 1957 | $93,687.75 | 3.51% |
| 1958 | $96,696.46 | 3.21% |
| 1959 | $97,448.64 | 0.78% |
| 1960 | $99,287.29 | 1.89% |
| 1961 | $100,791.64 | 1.52% |
| 1962 | $102,964.60 | 2.16% |
| 1963 | $105,053.98 | 2.03% |
| 1964 | $106,474.75 | 1.35% |
| 1965 | $108,480.56 | 1.88% |
| 1966 | $111,823.56 | 3.08% |
| 1967 | $114,748.69 | 2.62% |
| 1968 | $119,261.75 | 3.93% |
| 1969 | $125,864.19 | 5.54% |
| 1970 | $133,553.11 | 6.11% |
| 1971 | $140,656.99 | 5.32% |
| 1972 | $145,671.50 | 3.57% |
| 1973 | $153,778.29 | 5.57% |
| 1974 | $169,657.57 | 10.33% |
| 1975 | $184,951.83 | 9.01% |
| 1976 | $199,995.36 | 8.13% |
| 1977 | $210,191.53 | 5.10% |
| 1978 | $221,418.46 | 5.34% |
| 1979 | $243,705.17 | 10.07% |
| 1980 | $274,627.97 | 12.69% |
| 1981 | $305,829.37 | 11.36% |
| 1982 | $318,922.81 | 4.28% |
| 1983 | $333,019.15 | 4.42% |
| 1984 | $349,399.88 | 4.92% |
| 1985 | $364,889.15 | 4.43% |
| 1986 | $374,862.45 | 2.73% |
| 1987 | $390,853.16 | 4.27% |
| 1988 | $413,808.47 | 5.87% |
| 1989 | $437,933.84 | 5.83% |
| 1990 | $463,284.97 | 5.79% |
| 1991 | $484,290.19 | 4.53% |
| 1992 | $496,102.15 | 2.44% |
| 1993 | $510,867.09 | 2.98% |
| 1994 | $517,330.24 | 1.27% |
| 1995 | $529,755.08 | 2.40% |
| 1996 | $545,244.34 | 2.92% |
| 1997 | $560,956.47 | 2.88% |
| 1998 | $573,604.18 | 2.25% |
| 1999 | $587,477.66 | 2.42% |
| 2000 | $612,661.64 | 4.29% |
| 2001 | $639,795.71 | 4.43% |
| 2002 | $656,120.72 | 2.55% |
| 2003 | $680,413.23 | 3.70% |
| 2004 | $699,914.10 | 2.87% |
| 2005 | $722,089.38 | 3.17% |
| 2006 | $745,156.12 | 3.19% |
| 2007 | $759,182.26 | 1.88% |
| 2008 | $787,021.15 | 3.67% |
| 2009 | $780,622.63 | -0.81% |
| 2010 | $793,431.36 | 1.64% |
| 2011 | $814,451.63 | 2.65% |
| 2012 | $827,606.92 | 1.62% |
| 2013 | $839,118.56 | 1.39% |
| 2014 | $852,884.50 | 1.64% |
| 2015 | $858,292.93 | 0.63% |
| 2016 | $870,124.39 | 1.38% |
| 2017 | $892,318.61 | 2.55% |
| 2018 | $921,101.33 | 3.23% |
| 2019 | $939,595.40 | 2.01% |
| 2020 | $949,710.78 | 1.08% |
| 2021 | $979,077.42 | 3.09% |
| 2022 | $1,049,629.34 | 7.21% |
| 2023 | $1,088,877.91 | 3.74% |
| 2024 | $1,123,723.74 | 3.20% |
| 2025 | $1,154,562.65 | 2.74%* |
* 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 | 2025 |
| 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 | 336.142 | 345.367 |