According to the U.S. Bureau of Labor Statistics, prices in Boston, Massachusetts are 1,308.82% higher in 2024 versus 1949 (a $196,322.71 difference in value).
Between 1949 and 2024: Boston experienced an average inflation rate of 3.59% per year. This rate of change indicates significant inflation. In other words, $15,000 in Boston in the year 1949 would cost $211,322.71 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.48% during this same period, inflation in Boston was higher.
In the year 1949: Pricing changed by -1.22%, which is significantly below the average yearly change in Boston during the 1949-2024 time period. Compared to inflation for all items in 1949 (-0.99%), inflation in Boston was lower.
Below are calculations of equivalent buying power in Boston, over time, for $15,000 beginning in 1949. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1949 | $15,000.00 | -1.22% |
1950 | $15,196.04 | 1.31% |
1951 | $16,213.35 | 6.69% |
1952 | $16,568.35 | 2.19% |
1953 | $16,610.74 | 0.26% |
1954 | $16,674.32 | 0.38% |
1955 | $16,753.80 | 0.48% |
1956 | $17,214.77 | 2.75% |
1957 | $17,818.79 | 3.51% |
1958 | $18,391.03 | 3.21% |
1959 | $18,534.09 | 0.78% |
1960 | $18,883.79 | 1.89% |
1961 | $19,169.90 | 1.52% |
1962 | $19,583.19 | 2.16% |
1963 | $19,980.57 | 2.03% |
1964 | $20,250.79 | 1.35% |
1965 | $20,632.29 | 1.88% |
1966 | $21,268.10 | 3.08% |
1967 | $21,824.44 | 2.62% |
1968 | $22,682.80 | 3.93% |
1969 | $23,938.54 | 5.54% |
1970 | $25,400.92 | 6.11% |
1971 | $26,752.03 | 5.32% |
1972 | $27,705.76 | 3.57% |
1973 | $29,247.62 | 5.57% |
1974 | $32,267.75 | 10.33% |
1975 | $35,176.62 | 9.01% |
1976 | $38,037.80 | 8.13% |
1977 | $39,977.04 | 5.10% |
1978 | $42,112.33 | 5.34% |
1979 | $46,351.11 | 10.07% |
1980 | $52,232.43 | 12.69% |
1981 | $58,166.73 | 11.36% |
1982 | $60,657.01 | 4.28% |
1983 | $63,338.04 | 4.42% |
1984 | $66,453.55 | 4.92% |
1985 | $69,399.51 | 4.43% |
1986 | $71,296.36 | 2.73% |
1987 | $74,337.69 | 4.27% |
1988 | $78,703.64 | 5.87% |
1989 | $83,292.12 | 5.83% |
1990 | $88,113.74 | 5.79% |
1991 | $92,108.80 | 4.53% |
1992 | $94,355.35 | 2.44% |
1993 | $97,163.55 | 2.98% |
1994 | $98,392.79 | 1.27% |
1995 | $100,755.92 | 2.40% |
1996 | $103,701.87 | 2.92% |
1997 | $106,690.22 | 2.88% |
1998 | $109,095.73 | 2.25% |
1999 | $111,734.37 | 2.42% |
2000 | $116,524.20 | 4.29% |
2001 | $121,684.92 | 4.43% |
2002 | $124,789.83 | 2.55% |
2003 | $129,410.10 | 3.70% |
2004 | $133,119.04 | 2.87% |
2005 | $137,336.63 | 3.17% |
2006 | $141,723.77 | 3.19% |
2007 | $144,391.45 | 1.88% |
2008 | $149,686.22 | 3.67% |
2009 | $148,469.27 | -0.81% |
2010 | $150,905.40 | 1.64% |
2011 | $154,903.32 | 2.65% |
2012 | $157,405.37 | 1.62% |
2013 | $159,594.81 | 1.39% |
2014 | $162,213.00 | 1.64% |
2015 | $163,241.65 | 0.63% |
2016 | $165,491.91 | 1.38% |
2017 | $169,713.10 | 2.55% |
2018 | $175,187.39 | 3.23% |
2019 | $178,704.84 | 2.01% |
2020 | $180,628.72 | 1.08% |
2021 | $186,214.06 | 3.09% |
2022 | $199,632.57 | 7.21% |
2023 | $207,097.39 | 3.74% |
2024 | $211,322.71 | 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 |