According to the U.S. Bureau of Labor Statistics, prices in Boston, Massachusetts are 863.57% higher in 2024 versus 1967 (a $77,721,456.66 difference in value).
Between 1967 and 2024: Boston experienced an average inflation rate of 4.05% per year. This rate of change indicates significant inflation. In other words, $9,000,000 in Boston in the year 1967 would cost $86,721,456.66 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.98% during this same period, inflation in Boston was higher.
In the year 1967: Pricing changed by 2.62%, which is below the average yearly change in Boston during the 1967-2024 time period. Compared to inflation for all items in 1967 (2.80%), inflation in Boston was lower.
Below are calculations of equivalent buying power in Boston, over time, for $9,000,000 beginning in 1967. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1967 | $9,000,000.00 | 2.62% |
1968 | $9,353,969.41 | 3.93% |
1969 | $9,871,813.55 | 5.54% |
1970 | $10,474,872.54 | 6.11% |
1971 | $11,032,046.61 | 5.32% |
1972 | $11,425,345.96 | 3.57% |
1973 | $12,061,179.90 | 5.57% |
1974 | $13,306,627.82 | 10.33% |
1975 | $14,506,190.82 | 9.01% |
1976 | $15,686,088.86 | 8.13% |
1977 | $16,485,797.52 | 5.10% |
1978 | $17,366,351.06 | 5.34% |
1979 | $19,114,348.14 | 10.07% |
1980 | $21,539,694.10 | 12.69% |
1981 | $23,986,890.02 | 11.36% |
1982 | $25,013,838.31 | 4.28% |
1983 | $26,119,446.47 | 4.42% |
1984 | $27,404,224.33 | 4.92% |
1985 | $28,619,082.30 | 4.43% |
1986 | $29,401,311.00 | 2.73% |
1987 | $30,655,498.91 | 4.27% |
1988 | $32,455,935.91 | 5.87% |
1989 | $34,348,142.75 | 5.83% |
1990 | $36,336,489.44 | 5.79% |
1991 | $37,983,976.69 | 4.53% |
1992 | $38,910,415.15 | 2.44% |
1993 | $40,068,463.22 | 2.98% |
1994 | $40,575,382.37 | 1.27% |
1995 | $41,549,890.75 | 2.40% |
1996 | $42,764,748.73 | 2.92% |
1997 | $43,997,086.67 | 2.88% |
1998 | $44,989,075.02 | 2.25% |
1999 | $46,077,203.20 | 2.42% |
2000 | $48,052,439.91 | 4.29% |
2001 | $50,180,626.37 | 4.43% |
2002 | $51,461,034.23 | 2.55% |
2003 | $53,366,351.06 | 3.70% |
2004 | $54,895,848.51 | 2.87% |
2005 | $56,635,105.61 | 3.17% |
2006 | $58,444,282.59 | 3.19% |
2007 | $59,544,384.56 | 1.88% |
2008 | $61,727,851.42 | 3.67% |
2009 | $61,226,001.46 | -0.81% |
2010 | $62,230,619.08 | 1.64% |
2011 | $63,879,286.23 | 2.65% |
2012 | $64,911,085.21 | 1.62% |
2013 | $65,813,969.41 | 1.39% |
2014 | $66,893,663.51 | 1.64% |
2015 | $67,317,858.70 | 0.63% |
2016 | $68,245,826.66 | 1.38% |
2017 | $69,986,569.56 | 2.55% |
2018 | $72,244,064.09 | 3.23% |
2019 | $73,694,595.78 | 2.01% |
2020 | $74,487,967.95 | 1.08% |
2021 | $76,791,260.01 | 3.09% |
2022 | $82,324,806.99 | 7.21% |
2023 | $85,403,160.96 | 3.74% |
2024 | $86,721,456.66 | 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 |