According to the U.S. Bureau of Labor Statistics, prices in Philadelphia, Pennsylvania are 2,866.92% higher in 2024 versus 1916 (a $1,060,758.90 difference in value).
Between 1916 and 2024: Philadelphia experienced an average inflation rate of 3.19% per year. This rate of change indicates significant inflation. In other words, $37,000 in Philadelphia in the year 1916 would cost $1,097,758.90 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.15% during this same period, inflation in Philadelphia was higher.
In the year 1916: Pricing changed by 1.96%, which is below the average yearly change in Philadelphia during the 1916-2024 time period. Compared to inflation for all items in 1916 (7.69%), inflation in Philadelphia was much lower.
Below are calculations of equivalent buying power in Philadelphia, over time, for $37,000 beginning in 1916. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1916 | $37,000.00 | 1.96% |
1917 | $41,976.78 | 13.45% |
1918 | $50,982.39 | 21.45% |
1919 | $61,972.78 | 21.56% |
1920 | $72,192.95 | 16.49% |
1921 | $66,179.34 | -8.33% |
1922 | $61,380.30 | -7.25% |
1923 | $62,357.89 | 1.59% |
1924 | $62,891.11 | 0.86% |
1925 | $64,964.77 | 3.30% |
1926 | $66,949.56 | 3.06% |
1927 | $66,001.60 | -1.42% |
1928 | $64,550.04 | -2.20% |
1929 | $63,305.84 | -1.93% |
1930 | $62,594.88 | -1.12% |
1931 | $57,677.34 | -7.86% |
1932 | $51,900.72 | -10.02% |
1933 | $47,546.04 | -8.39% |
1934 | $49,827.06 | 4.80% |
1935 | $50,597.28 | 1.55% |
1936 | $51,574.86 | 1.93% |
1937 | $52,819.06 | 2.41% |
1938 | $51,722.98 | -2.08% |
1939 | $50,893.51 | -1.60% |
1940 | $50,952.76 | 0.12% |
1941 | $53,470.78 | 4.94% |
1942 | $59,484.39 | 11.25% |
1943 | $63,276.22 | 6.37% |
1944 | $64,135.31 | 1.36% |
1945 | $65,853.48 | 2.68% |
1946 | $71,481.99 | 8.55% |
1947 | $81,791.03 | 14.42% |
1948 | $88,278.62 | 7.93% |
1949 | $87,241.79 | -1.17% |
1950 | $87,775.02 | 0.61% |
1951 | $95,891.91 | 9.25% |
1952 | $97,728.58 | 1.92% |
1953 | $98,202.56 | 0.48% |
1954 | $99,209.77 | 1.03% |
1955 | $99,002.40 | -0.21% |
1956 | $100,365.09 | 1.38% |
1957 | $103,594.08 | 3.22% |
1958 | $105,638.11 | 1.97% |
1959 | $106,823.06 | 1.12% |
1960 | $108,718.98 | 1.77% |
1961 | $109,933.55 | 1.12% |
1962 | $110,911.13 | 0.89% |
1963 | $112,895.92 | 1.79% |
1964 | $114,673.34 | 1.57% |
1965 | $116,450.76 | 1.55% |
1966 | $119,798.24 | 2.87% |
1967 | $123,056.85 | 2.72% |
1968 | $128,951.96 | 4.79% |
1969 | $135,795.04 | 5.31% |
1970 | $144,919.14 | 6.72% |
1971 | $151,999.20 | 4.89% |
1972 | $156,205.76 | 2.77% |
1973 | $166,722.18 | 6.73% |
1974 | $186,510.81 | 11.87% |
1975 | $202,033.63 | 8.32% |
1976 | $212,016.81 | 4.94% |
1977 | $225,851.08 | 6.53% |
1978 | $239,033.63 | 5.84% |
1979 | $262,791.83 | 9.94% |
1980 | $297,096.08 | 13.05% |
1981 | $327,341.87 | 10.18% |
1982 | $343,249.80 | 4.86% |
1983 | $353,262.61 | 2.92% |
1984 | $369,851.88 | 4.70% |
1985 | $386,648.52 | 4.54% |
1986 | $396,246.60 | 2.48% |
1987 | $415,235.39 | 4.79% |
1988 | $435,112.89 | 4.79% |
1989 | $456,086.47 | 4.82% |
1990 | $482,895.92 | 5.88% |
1991 | $505,439.55 | 4.67% |
1992 | $521,080.86 | 3.09% |
1993 | $534,056.04 | 2.49% |
1994 | $549,726.98 | 2.93% |
1995 | $564,124.10 | 2.62% |
1996 | $578,876.70 | 2.62% |
1997 | $591,703.76 | 2.22% |
1998 | $597,628.50 | 1.00% |
1999 | $610,396.32 | 2.14% |
2000 | $626,718.98 | 2.67% |
2001 | $644,078.46 | 2.77% |
2002 | $656,520.42 | 1.93% |
2003 | $670,710.17 | 2.16% |
2004 | $697,282.63 | 3.96% |
2005 | $724,980.78 | 3.97% |
2006 | $752,886.31 | 3.85% |
2007 | $769,392.93 | 2.19% |
2008 | $796,889.65 | 3.57% |
2009 | $792,775.80 | -0.52% |
2010 | $809,015.22 | 2.05% |
2011 | $830,224.60 | 2.62% |
2012 | $845,780.30 | 1.87% |
2013 | $855,934.42 | 1.20% |
2014 | $867,336.58 | 1.33% |
2015 | $866,591.55 | -0.09% |
2016 | $871,661.64 | 0.59% |
2017 | $882,755.42 | 1.27% |
2018 | $894,523.43 | 1.33% |
2019 | $911,502.85 | 1.90% |
2020 | $919,855.25 | 0.92% |
2021 | $955,831.75 | 3.91% |
2022 | $1,030,514.88 | 7.81% |
2023 | $1,077,239.45 | 4.53% |
2024 | $1,097,758.90 | 1.90%* |
* 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 Philadelphia, Pennsylvania:
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 | 10.200 | 10.208 | 10.408 | 11.808 | 14.342 | 17.433 | 20.308 | 18.617 | 17.267 | 17.542 | 17.692 | 18.275 | 18.833 | 18.567 | 18.158 | 17.808 | 17.608 | 16.225 | 14.600 | 13.375 | 14.017 | 14.233 | 14.508 | 14.858 | 14.550 | 14.317 | 14.333 | 15.042 | 16.733 | 17.800 | 18.042 | 18.525 | 20.108 | 23.008 | 24.833 | 24.542 | 24.692 | 26.975 | 27.492 | 27.625 | 27.908 | 27.850 | 28.233 | 29.142 | 29.717 | 30.050 | 30.583 | 30.925 | 31.200 | 31.758 | 32.258 | 32.758 | 33.700 | 34.617 | 36.275 | 38.200 | 40.767 | 42.758 | 43.942 | 46.900 | 52.467 | 56.833 | 59.642 | 63.533 | 67.242 | 73.925 | 83.575 | 92.083 | 96.558 | 99.375 | 104.042 | 108.767 | 111.467 | 116.808 | 122.400 | 128.300 | 135.842 | 142.183 | 146.583 | 150.233 | 154.642 | 158.692 | 162.842 | 166.450 | 168.117 | 171.708 | 176.300 | 181.183 | 184.683 | 188.675 | 196.150 | 203.942 | 211.792 | 216.435 | 224.170 | 223.013 | 227.581 | 233.547 | 237.923 | 240.780 | 243.987 | 243.778 | 245.204 | 248.325 | 251.635 | 256.411 | 258.761 | 268.882 | 289.890 | 303.034 | 308.807 |