According to the U.S. Bureau of Labor Statistics, prices in New York are 1,611.21% higher in 2025 versus 1920 (a $651,877,404.49 difference in value).
Between 1920 and 2025: New York experienced an average inflation rate of 2.74% per year. This rate of change indicates significant inflation. In other words, $40,458,971 in New York in the year 1920 would cost $692,336,375.49 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.68% during this same period, inflation in New York was higher.
In the year 1920: Pricing changed by 17.24%, which is significantly above the average yearly change in New York during the 1920-2025 time period. Compared to inflation for all items in 1920 (15.62%), inflation in New York was higher.
Below are calculations of equivalent buying power in New York, over time, for $40,458,971 beginning in 1920. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1920 | $40,458,971.00 | 17.24% |
| 1921 | $37,023,142.89 | -8.49% |
| 1922 | $34,760,524.38 | -6.11% |
| 1923 | $35,112,487.26 | 1.01% |
| 1924 | $35,179,527.81 | 0.19% |
| 1925 | $35,732,612.33 | 1.57% |
| 1926 | $36,738,220.56 | 2.81% |
| 1927 | $36,302,457.00 | -1.19% |
| 1928 | $35,950,494.12 | -0.97% |
| 1929 | $35,816,413.02 | -0.37% |
| 1930 | $35,347,129.18 | -1.31% |
| 1931 | $32,916,909.30 | -6.88% |
| 1932 | $30,067,685.99 | -8.66% |
| 1933 | $28,022,949.26 | -6.80% |
| 1934 | $28,542,513.51 | 1.85% |
| 1935 | $28,911,236.53 | 1.29% |
| 1936 | $29,263,199.41 | 1.22% |
| 1937 | $29,900,084.62 | 2.18% |
| 1938 | $29,397,280.50 | -1.68% |
| 1939 | $29,263,199.41 | -0.46% |
| 1940 | $29,564,881.87 | 1.03% |
| 1941 | $30,671,050.92 | 3.74% |
| 1942 | $33,620,835.06 | 9.62% |
| 1943 | $36,134,855.62 | 7.48% |
| 1944 | $37,006,382.75 | 2.41% |
| 1945 | $37,861,149.75 | 2.31% |
| 1946 | $41,598,660.32 | 9.87% |
| 1947 | $46,593,181.18 | 12.01% |
| 1948 | $49,760,847.10 | 6.80% |
| 1949 | $49,207,762.57 | -1.11% |
| 1950 | $49,492,684.91 | 0.58% |
| 1951 | $53,179,915.07 | 7.45% |
| 1952 | $54,101,722.61 | 1.73% |
| 1953 | $54,386,644.94 | 0.53% |
| 1954 | $54,721,847.69 | 0.62% |
| 1955 | $54,470,445.63 | -0.46% |
| 1956 | $55,274,932.21 | 1.48% |
| 1957 | $57,034,746.61 | 3.18% |
| 1958 | $58,744,280.59 | 3.00% |
| 1959 | $59,632,567.86 | 1.51% |
| 1960 | $60,721,976.77 | 1.83% |
| 1961 | $61,258,301.16 | 0.88% |
| 1962 | $62,196,868.84 | 1.53% |
| 1963 | $63,554,439.95 | 2.18% |
| 1964 | $64,543,288.04 | 1.56% |
| 1965 | $65,582,416.54 | 1.61% |
| 1966 | $67,794,754.64 | 3.37% |
| 1967 | $69,554,569.03 | 2.60% |
| 1968 | $72,554,633.58 | 4.31% |
| 1969 | $77,046,350.33 | 6.19% |
| 1970 | $82,761,557.08 | 7.42% |
| 1971 | $87,554,956.30 | 5.79% |
| 1972 | $91,409,787.84 | 4.40% |
| 1973 | $97,225,555.41 | 6.36% |
| 1974 | $107,683,880.98 | 10.76% |
| 1975 | $115,862,827.89 | 7.60% |
| 1976 | $122,667,443.56 | 5.87% |
| 1977 | $129,053,055.80 | 5.21% |
| 1978 | $136,461,036.41 | 5.74% |
| 1979 | $148,276,933.07 | 8.66% |
| 1980 | $165,020,310.05 | 11.29% |
| 1981 | $181,260,882.92 | 9.84% |
| 1982 | $191,735,968.62 | 5.78% |
| 1983 | $200,786,442.66 | 4.72% |
| 1984 | $210,842,524.93 | 5.01% |
| 1985 | $218,635,988.69 | 3.70% |
| 1986 | $225,809,327.37 | 3.28% |
| 1987 | $237,222,980.75 | 5.05% |
| 1988 | $248,753,955.09 | 4.86% |
| 1989 | $262,581,068.21 | 5.56% |
| 1990 | $278,637,279.57 | 6.11% |
| 1991 | $291,224,142.54 | 4.52% |
| 1992 | $301,732,748.51 | 3.61% |
| 1993 | $310,749,702.28 | 2.99% |
| 1994 | $318,140,922.75 | 2.38% |
| 1995 | $326,135,508.16 | 2.51% |
| 1996 | $335,722,306.59 | 2.94% |
| 1997 | $343,549,290.62 | 2.33% |
| 1998 | $349,163,936.55 | 1.63% |
| 1999 | $355,951,792.09 | 1.94% |
| 2000 | $367,013,482.58 | 3.11% |
| 2001 | $376,365,639.10 | 2.55% |
| 2002 | $385,952,437.53 | 2.55% |
| 2003 | $397,801,854.47 | 3.07% |
| 2004 | $411,830,089.23 | 3.53% |
| 2005 | $427,802,499.91 | 3.88% |
| 2006 | $443,959,272.09 | 3.78% |
| 2007 | $456,425,629.68 | 2.81% |
| 2008 | $474,209,475.97 | 3.90% |
| 2009 | $476,305,498.72 | 0.44% |
| 2010 | $484,429,975.18 | 1.71% |
| 2011 | $498,213,679.55 | 2.85% |
| 2012 | $508,009,812.09 | 1.97% |
| 2013 | $516,546,923.14 | 1.68% |
| 2014 | $523,378,019.82 | 1.32% |
| 2015 | $524,038,872.03 | 0.13% |
| 2016 | $529,683,853.81 | 1.08% |
| 2017 | $540,052,680.24 | 1.96% |
| 2018 | $550,350,276.09 | 1.91% |
| 2019 | $559,448,348.92 | 1.65% |
| 2020 | $569,012,521.16 | 1.71% |
| 2021 | $587,883,765.15 | 3.32% |
| 2022 | $623,761,352.67 | 6.10% |
| 2023 | $647,607,508.16 | 3.82% |
| 2024 | $672,165,634.27 | 3.79% |
| 2025 | $692,336,375.49 | 3.00%* |
* 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 New York:
| 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 | 9.900 | 9.917 | 10.200 | 11.508 | 14.050 | 17.158 | 20.117 | 18.408 | 17.283 | 17.458 | 17.492 | 17.767 | 18.267 | 18.050 | 17.875 | 17.808 | 17.575 | 16.367 | 14.950 | 13.933 | 14.192 | 14.375 | 14.550 | 14.867 | 14.617 | 14.550 | 14.700 | 15.250 | 16.717 | 17.967 | 18.400 | 18.825 | 20.683 | 23.167 | 24.742 | 24.467 | 24.608 | 26.442 | 26.900 | 27.042 | 27.208 | 27.083 | 27.483 | 28.358 | 29.208 | 29.650 | 30.192 | 30.458 | 30.925 | 31.600 | 32.092 | 32.608 | 33.708 | 34.583 | 36.075 | 38.308 | 41.150 | 43.533 | 45.450 | 48.342 | 53.542 | 57.608 | 60.992 | 64.167 | 67.850 | 73.725 | 82.050 | 90.125 | 95.333 | 99.833 | 104.833 | 108.708 | 112.275 | 117.950 | 123.683 | 130.558 | 138.542 | 144.800 | 150.025 | 154.508 | 158.183 | 162.158 | 166.925 | 170.817 | 173.608 | 176.983 | 182.483 | 187.133 | 191.900 | 197.792 | 204.767 | 212.708 | 220.742 | 226.940 | 235.782 | 236.825 | 240.864 | 247.718 | 252.588 | 256.833 | 260.230 | 260.558 | 263.365 | 268.520 | 273.641 | 278.164 | 282.920 | 292.303 | 310.141 | 321.998 | 334.209 | 344.238 |