According to the U.S. Bureau of Labor Statistics, prices in New York are 1,780.51% higher in 2024 versus 1923 (a $3,204.92 difference in value).
Between 1923 and 2024: New York experienced an average inflation rate of 2.95% per year. This rate of change indicates significant inflation. In other words, $180 in New York in the year 1923 would cost $3,384.92 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.91% during this same period, inflation in New York was higher.
In the year 1923: Pricing changed by 1.01%, which is below the average yearly change in New York during the 1923-2024 time period. Compared to inflation for all items in 1923 (1.79%), inflation in New York was lower.
Below are calculations of equivalent buying power in New York, over time, for $180 beginning in 1923. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1923 | $180.00 | 1.01% |
1924 | $180.34 | 0.19% |
1925 | $183.18 | 1.57% |
1926 | $188.33 | 2.81% |
1927 | $186.10 | -1.19% |
1928 | $184.30 | -0.97% |
1929 | $183.61 | -0.37% |
1930 | $181.20 | -1.31% |
1931 | $168.74 | -6.88% |
1932 | $154.14 | -8.66% |
1933 | $143.66 | -6.80% |
1934 | $146.32 | 1.85% |
1935 | $148.21 | 1.29% |
1936 | $150.01 | 1.22% |
1937 | $153.28 | 2.18% |
1938 | $150.70 | -1.68% |
1939 | $150.01 | -0.46% |
1940 | $151.56 | 1.03% |
1941 | $157.23 | 3.74% |
1942 | $172.35 | 9.62% |
1943 | $185.24 | 7.48% |
1944 | $189.71 | 2.41% |
1945 | $194.09 | 2.31% |
1946 | $213.25 | 9.87% |
1947 | $238.85 | 12.01% |
1948 | $255.09 | 6.80% |
1949 | $252.26 | -1.11% |
1950 | $253.72 | 0.58% |
1951 | $272.62 | 7.45% |
1952 | $277.35 | 1.73% |
1953 | $278.81 | 0.53% |
1954 | $280.53 | 0.62% |
1955 | $279.24 | -0.46% |
1956 | $283.36 | 1.48% |
1957 | $292.38 | 3.18% |
1958 | $301.15 | 3.00% |
1959 | $305.70 | 1.51% |
1960 | $311.28 | 1.83% |
1961 | $314.03 | 0.88% |
1962 | $318.84 | 1.53% |
1963 | $325.80 | 2.18% |
1964 | $330.87 | 1.56% |
1965 | $336.20 | 1.61% |
1966 | $347.54 | 3.37% |
1967 | $356.56 | 2.60% |
1968 | $371.94 | 4.31% |
1969 | $394.97 | 6.19% |
1970 | $424.27 | 7.42% |
1971 | $448.84 | 5.79% |
1972 | $468.60 | 4.40% |
1973 | $498.42 | 6.36% |
1974 | $552.03 | 10.76% |
1975 | $593.96 | 7.60% |
1976 | $628.84 | 5.87% |
1977 | $661.58 | 5.21% |
1978 | $699.55 | 5.74% |
1979 | $760.12 | 8.66% |
1980 | $845.96 | 11.29% |
1981 | $929.21 | 9.84% |
1982 | $982.91 | 5.78% |
1983 | $1,029.31 | 4.72% |
1984 | $1,080.86 | 5.01% |
1985 | $1,120.81 | 3.70% |
1986 | $1,157.58 | 3.28% |
1987 | $1,216.10 | 5.05% |
1988 | $1,275.21 | 4.86% |
1989 | $1,346.09 | 5.56% |
1990 | $1,428.40 | 6.11% |
1991 | $1,492.93 | 4.52% |
1992 | $1,546.80 | 3.61% |
1993 | $1,593.02 | 2.99% |
1994 | $1,630.91 | 2.38% |
1995 | $1,671.89 | 2.51% |
1996 | $1,721.04 | 2.94% |
1997 | $1,761.16 | 2.33% |
1998 | $1,789.95 | 1.63% |
1999 | $1,824.74 | 1.94% |
2000 | $1,881.45 | 3.11% |
2001 | $1,929.39 | 2.55% |
2002 | $1,978.54 | 2.55% |
2003 | $2,039.28 | 3.07% |
2004 | $2,111.20 | 3.53% |
2005 | $2,193.08 | 3.88% |
2006 | $2,275.90 | 3.78% |
2007 | $2,339.81 | 2.81% |
2008 | $2,430.98 | 3.90% |
2009 | $2,441.72 | 0.44% |
2010 | $2,483.37 | 1.71% |
2011 | $2,554.03 | 2.85% |
2012 | $2,604.25 | 1.97% |
2013 | $2,648.02 | 1.68% |
2014 | $2,683.04 | 1.32% |
2015 | $2,686.42 | 0.13% |
2016 | $2,715.36 | 1.08% |
2017 | $2,768.52 | 1.96% |
2018 | $2,821.31 | 1.91% |
2019 | $2,867.95 | 1.65% |
2020 | $2,916.98 | 1.71% |
2021 | $3,013.72 | 3.32% |
2022 | $3,197.64 | 6.10% |
2023 | $3,319.88 | 3.82% |
2024 | $3,384.92 | 1.96%* |
* 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 |
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 | 328.306 |