According to the U.S. Bureau of Labor Statistics, prices in New York are 1,770.92% higher in 2024 versus 1930 (a $8,323,310 difference in value).
Between 1930 and 2024: New York experienced an average inflation rate of 3.17% per year. This rate of change indicates significant inflation. In other words, $470,000 in New York in the year 1930 would cost $8,793,310 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.16% during this same period, inflation in New York was higher.
In the year 1930: Pricing changed by -1.31%, which is significantly below the average yearly change in New York during the 1930-2024 time period. Compared to inflation for all items in 1930 (-2.65%), inflation in New York was higher.
Below are calculations of equivalent buying power in New York, over time, for $470,000 beginning in 1930. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1930 | $470,000.00 | -1.31% |
1931 | $437,686.11 | -6.88% |
1932 | $399,800.85 | -8.66% |
1933 | $372,612.61 | -6.80% |
1934 | $379,521.10 | 1.85% |
1935 | $384,423.90 | 1.29% |
1936 | $389,103.84 | 1.22% |
1937 | $397,572.31 | 2.18% |
1938 | $390,886.68 | -1.68% |
1939 | $389,103.84 | -0.46% |
1940 | $393,115.22 | 1.03% |
1941 | $407,823.61 | 3.74% |
1942 | $447,045.99 | 9.62% |
1943 | $480,474.16 | 7.48% |
1944 | $492,062.59 | 2.41% |
1945 | $503,428.17 | 2.31% |
1946 | $553,124.70 | 9.87% |
1947 | $619,535.32 | 12.01% |
1948 | $661,654.81 | 6.80% |
1949 | $654,300.62 | -1.11% |
1950 | $658,089.14 | 0.58% |
1951 | $707,117.12 | 7.45% |
1952 | $719,374.11 | 1.73% |
1953 | $723,162.64 | 0.53% |
1954 | $727,619.72 | 0.62% |
1955 | $724,276.91 | -0.46% |
1956 | $734,973.92 | 1.48% |
1957 | $758,373.64 | 3.18% |
1958 | $781,104.79 | 3.00% |
1959 | $792,916.07 | 1.51% |
1960 | $807,401.61 | 1.83% |
1961 | $814,532.95 | 0.88% |
1962 | $827,012.80 | 1.53% |
1963 | $845,064.01 | 2.18% |
1964 | $858,212.42 | 1.56% |
1965 | $872,029.40 | 1.61% |
1966 | $901,446.18 | 3.37% |
1967 | $924,845.90 | 2.60% |
1968 | $964,736.84 | 4.31% |
1969 | $1,024,461.83 | 6.19% |
1970 | $1,100,455.19 | 7.42% |
1971 | $1,164,191.56 | 5.79% |
1972 | $1,215,448.08 | 4.40% |
1973 | $1,292,778.57 | 6.36% |
1974 | $1,431,839.73 | 10.76% |
1975 | $1,540,592.70 | 7.60% |
1976 | $1,631,071.60 | 5.87% |
1977 | $1,715,979.14 | 5.21% |
1978 | $1,814,480.80 | 5.74% |
1979 | $1,971,593.17 | 8.66% |
1980 | $2,194,224.75 | 11.29% |
1981 | $2,410,170.70 | 9.84% |
1982 | $2,549,454.72 | 5.78% |
1983 | $2,669,796.11 | 4.72% |
1984 | $2,803,508.77 | 5.01% |
1985 | $2,907,136.08 | 3.70% |
1986 | $3,002,517.78 | 3.28% |
1987 | $3,154,281.65 | 5.05% |
1988 | $3,307,605.50 | 4.86% |
1989 | $3,491,460.41 | 5.56% |
1990 | $3,704,954.95 | 6.11% |
1991 | $3,872,318.63 | 4.52% |
1992 | $4,012,048.36 | 3.61% |
1993 | $4,131,944.05 | 2.99% |
1994 | $4,230,222.85 | 2.38% |
1995 | $4,336,524.42 | 2.51% |
1996 | $4,463,997.16 | 2.94% |
1997 | $4,568,070.18 | 2.33% |
1998 | $4,642,726.41 | 1.63% |
1999 | $4,732,982.46 | 1.94% |
2000 | $4,880,066.38 | 3.11% |
2001 | $5,004,419.16 | 2.55% |
2002 | $5,131,891.89 | 2.55% |
2003 | $5,289,449.98 | 3.07% |
2004 | $5,475,979.14 | 3.53% |
2005 | $5,688,359.41 | 3.88% |
2006 | $5,903,191.09 | 3.78% |
2007 | $6,068,952.44 | 2.81% |
2008 | $6,305,418.82 | 3.90% |
2009 | $6,333,289.00 | 0.44% |
2010 | $6,441,317.69 | 1.71% |
2011 | $6,624,595.40 | 2.85% |
2012 | $6,754,851.59 | 1.97% |
2013 | $6,868,366.95 | 1.68% |
2014 | $6,959,197.96 | 1.32% |
2015 | $6,967,985.11 | 0.13% |
2016 | $7,043,044.71 | 1.08% |
2017 | $7,180,915.84 | 1.96% |
2018 | $7,317,839.83 | 1.91% |
2019 | $7,438,814.13 | 1.65% |
2020 | $7,565,986.01 | 1.71% |
2021 | $7,816,911.19 | 3.32% |
2022 | $8,293,964.53 | 6.10% |
2023 | $8,611,039.59 | 3.82% |
2024 | $8,793,310.00 | 2.12%* |
* 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 | 328.814 |