According to the U.S. Bureau of Labor Statistics, prices in Boston, Massachusetts are 2,228.29% higher in 2024 versus 1940 (a $1,025,014,267,367.19 difference in value).
Between 1940 and 2024: Boston experienced an average inflation rate of 3.82% per year. This rate of change indicates significant inflation. In other words, $46,000,000,000 in Boston in the year 1940 would cost $1,071,014,267,367.19 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.76% during this same period, inflation in Boston was higher.
In the year 1940: Pricing changed by 0.94%, which is below the average yearly change in Boston during the 1940-2024 time period. Compared to inflation for all items in 1940 (0.72%), inflation in Boston was higher.
Below are calculations of equivalent buying power in Boston, over time, for $46,000,000,000 beginning in 1940. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1940 | $46,000,000,000.00 | 0.94% |
1941 | $48,040,863,981.32 | 4.44% |
1942 | $53,169,877,408.06 | 10.68% |
1943 | $55,962,638,645.65 | 5.25% |
1944 | $56,580,268,534.73 | 1.10% |
1945 | $57,734,967,892.59 | 2.04% |
1946 | $62,461,179,217.75 | 8.19% |
1947 | $71,107,997,664.92 | 13.84% |
1948 | $76,962,054,874.49 | 8.23% |
1949 | $76,022,183,304.14 | -1.22% |
1950 | $77,015,761,821.37 | 1.31% |
1951 | $82,171,628,721.54 | 6.69% |
1952 | $83,970,811,441.91 | 2.19% |
1953 | $84,185,639,229.42 | 0.26% |
1954 | $84,507,880,910.68 | 0.38% |
1955 | $84,910,683,012.26 | 0.48% |
1956 | $87,246,935,201.40 | 2.75% |
1957 | $90,308,231,173.38 | 3.51% |
1958 | $93,208,406,304.73 | 3.21% |
1959 | $93,933,450,087.57 | 0.78% |
1960 | $95,705,779,334.50 | 1.89% |
1961 | $97,155,866,900.18 | 1.52% |
1962 | $99,250,437,828.37 | 2.16% |
1963 | $101,264,448,336.25 | 2.03% |
1964 | $102,633,975,481.61 | 1.35% |
1965 | $104,567,425,569.18 | 1.88% |
1966 | $107,789,842,381.79 | 3.08% |
1967 | $110,609,457,092.82 | 2.62% |
1968 | $114,959,719,789.84 | 3.93% |
1969 | $121,323,992,994.75 | 5.54% |
1970 | $128,735,551,663.75 | 6.11% |
1971 | $135,583,187,390.54 | 5.32% |
1972 | $140,416,812,609.46 | 3.57% |
1973 | $148,231,173,380.04 | 5.57% |
1974 | $163,537,653,239.93 | 10.33% |
1975 | $178,280,210,157.62 | 9.01% |
1976 | $192,781,085,814.36 | 8.13% |
1977 | $202,609,457,092.82 | 5.10% |
1978 | $213,431,406,888.50 | 5.34% |
1979 | $234,914,185,639.23 | 10.07% |
1980 | $264,721,541,155.87 | 12.69% |
1981 | $294,797,431,406.89 | 11.36% |
1982 | $307,418,563,922.94 | 4.28% |
1983 | $321,006,421,482.78 | 4.42% |
1984 | $336,796,263,864.57 | 4.92% |
1985 | $351,726,795,096.32 | 4.43% |
1986 | $361,340,338,587.27 | 2.73% |
1987 | $376,754,232,340.92 | 4.27% |
1988 | $398,881,494,454.17 | 5.87% |
1989 | $422,136,602,451.84 | 5.83% |
1990 | $446,573,263,280.79 | 5.79% |
1991 | $466,820,782,253.36 | 4.53% |
1992 | $478,206,654,991.24 | 2.44% |
1993 | $492,438,995,913.60 | 2.98% |
1994 | $498,669,001,751.31 | 1.27% |
1995 | $510,645,650,904.85 | 2.40% |
1996 | $525,576,182,136.60 | 2.92% |
1997 | $540,721,541,155.87 | 2.88% |
1998 | $552,913,018,096.91 | 2.25% |
1999 | $566,286,047,869.24 | 2.42% |
2000 | $590,561,587,857.56 | 4.29% |
2001 | $616,716,870,986.57 | 4.43% |
2002 | $632,453,006,421.48 | 2.55% |
2003 | $655,869,235,259.78 | 3.70% |
2004 | $674,666,666,666.67 | 2.87% |
2005 | $696,042,031,523.64 | 3.17% |
2006 | $718,276,707,530.65 | 3.19% |
2007 | $731,796,894,337.42 | 1.88% |
2008 | $758,631,570,344.43 | 3.67% |
2009 | $752,463,864,565.09 | -0.81% |
2010 | $764,810,554,582.60 | 1.64% |
2011 | $785,072,574,430.82 | 2.65% |
2012 | $797,753,321,657.91 | 1.62% |
2013 | $808,849,713,952.13 | 1.39% |
2014 | $822,119,089,316.99 | 1.64% |
2015 | $827,332,422,650.32 | 0.63% |
2016 | $838,737,092,819.61 | 1.38% |
2017 | $860,130,718,038.53 | 2.55% |
2018 | $887,875,189,725.63 | 3.23% |
2019 | $905,702,136,602.45 | 2.01% |
2020 | $915,452,632,807.94 | 1.08% |
2021 | $943,759,953,298.31 | 3.09% |
2022 | $1,011,766,911,850.55 | 7.21% |
2023 | $1,049,599,696,439.00 | 3.74% |
2024 | $1,071,014,267,367.19 | 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 |