Boston, Massachusetts prices: $749 in 1995 $1,585.19 in 2024

Inflation in Massachusetts

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Prices in Boston, 1995-2024 ($749)

According to the U.S. Bureau of Labor Statistics, prices in Boston, Massachusetts are 111.64% higher in 2024 versus 1995 (a $836.19 difference in value).

Between 1995 and 2024: Boston experienced an average inflation rate of 2.62% per year. This rate of change indicates significant inflation. In other words, $749 in Boston in the year 1995 would cost $1,585.19 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.51% during this same period, inflation in Boston was higher.

In the year 1995: Pricing changed by 2.40%, which is below the average yearly change in Boston during the 1995-2024 time period. Compared to inflation for all items in 1995 (2.81%), inflation in Boston was lower.

Price Inflation in Boston, Massachusetts since 1914

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1919 (21.27%), 1918 (17.79%), and 1920 (17.25%).

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Buying power of $749.00 since 1995

Below are calculations of equivalent buying power in Boston, over time, for $749 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1995$749.002.40%
1996$770.902.92%
1997$793.112.88%
1998$811.002.25%
1999$830.612.42%
2000$866.224.29%
2001$904.584.43%
2002$927.662.55%
2003$962.013.70%
2004$989.582.87%
2005$1,020.933.17%
2006$1,053.553.19%
2007$1,073.381.88%
2008$1,112.743.67%
2009$1,103.69-0.81%
2010$1,121.801.64%
2011$1,151.522.65%
2012$1,170.121.62%
2013$1,186.401.39%
2014$1,205.861.64%
2015$1,213.510.63%
2016$1,230.231.38%
2017$1,261.612.55%
2018$1,302.313.23%
2019$1,328.462.01%
2020$1,342.761.08%
2021$1,384.283.09%
2022$1,484.037.21%
2023$1,539.523.74%
2024$1,585.192.97%*

* 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:

Year191419151916191719181919192019211922192319241925192619271928192919301931193219331934193519361937193819391940194119421943194419451946194719481949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI10.50010.51710.81712.27514.45817.53320.55818.71717.05817.31717.43317.62518.27518.08317.73317.65017.52516.16714.57513.60814.03314.32514.40814.73314.35814.14214.27514.90816.50017.36717.55817.91719.38322.06723.88323.59223.90025.50026.05826.12526.22526.35027.07528.02528.92529.15029.70030.15030.80031.42531.85032.45033.45034.32535.67537.65039.95042.07543.57546.00050.75055.32559.82562.87566.23372.90082.15091.48395.40099.617104.517109.150112.133116.917123.783131.000138.583144.867148.400152.817154.750158.467163.100167.800171.583175.733183.267191.383196.267203.533209.367216.000222.900227.096235.423233.509237.341243.629247.564251.007255.125256.743260.282266.921275.531281.063284.089292.873313.978325.718335.380

Adjust Boston prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1995 * 1995 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Boston, Massachusetts was 158.467 in the year 1995 and 335.380 in 2024:

335.380 / 158.467 * $749 = $1,585.19

Therefore, according to U.S. Bureau of Labor Statistics, $749 in 1995 has the same "purchasing power" as $1,585.19 in 2024 (in the CPI category of Boston, Massachusetts).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Boston, Massachusetts in 1914. In addition to Boston, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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