According to the U.S. Bureau of Labor Statistics, prices in Philadelphia, Pennsylvania are 1,671.36% higher in 2024 versus 1919 (a $1,002,813.96 difference in value).
Between 1919 and 2024: Philadelphia experienced an average inflation rate of 2.78% per year. This rate of change indicates significant inflation. In other words, $60,000 in Philadelphia in the year 1919 would cost $1,062,813.96 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.78% during this same period, inflation in Philadelphia was lower.
In the year 1919: Pricing changed by 21.56%, which is significantly above the average yearly change in Philadelphia during the 1919-2024 time period. Compared to inflation for all items in 1919 (15.18%), inflation in Philadelphia was much higher.
Below are calculations of equivalent buying power in Philadelphia, over time, for $60,000 beginning in 1919. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1919 | $60,000.00 | 21.56% |
1920 | $69,894.84 | 16.49% |
1921 | $64,072.66 | -8.33% |
1922 | $59,426.39 | -7.25% |
1923 | $60,372.85 | 1.59% |
1924 | $60,889.10 | 0.86% |
1925 | $62,896.75 | 3.30% |
1926 | $64,818.36 | 3.06% |
1927 | $63,900.57 | -1.42% |
1928 | $62,495.22 | -2.20% |
1929 | $61,290.63 | -1.93% |
1930 | $60,602.29 | -1.12% |
1931 | $55,841.30 | -7.86% |
1932 | $50,248.57 | -10.02% |
1933 | $46,032.50 | -8.39% |
1934 | $48,240.92 | 4.80% |
1935 | $48,986.62 | 1.55% |
1936 | $49,933.08 | 1.93% |
1937 | $51,137.67 | 2.41% |
1938 | $50,076.48 | -2.08% |
1939 | $49,273.42 | -1.60% |
1940 | $49,330.78 | 0.12% |
1941 | $51,768.64 | 4.94% |
1942 | $57,590.82 | 11.25% |
1943 | $61,261.95 | 6.37% |
1944 | $62,093.69 | 1.36% |
1945 | $63,757.17 | 2.68% |
1946 | $69,206.50 | 8.55% |
1947 | $79,187.38 | 14.42% |
1948 | $85,468.45 | 7.93% |
1949 | $84,464.63 | -1.17% |
1950 | $84,980.88 | 0.61% |
1951 | $92,839.39 | 9.25% |
1952 | $94,617.59 | 1.92% |
1953 | $95,076.48 | 0.48% |
1954 | $96,051.63 | 1.03% |
1955 | $95,850.86 | -0.21% |
1956 | $97,170.17 | 1.38% |
1957 | $100,296.37 | 3.22% |
1958 | $102,275.33 | 1.97% |
1959 | $103,422.56 | 1.12% |
1960 | $105,258.13 | 1.77% |
1961 | $106,434.03 | 1.12% |
1962 | $107,380.50 | 0.89% |
1963 | $109,302.10 | 1.79% |
1964 | $111,022.94 | 1.57% |
1965 | $112,743.79 | 1.55% |
1966 | $115,984.70 | 2.87% |
1967 | $119,139.58 | 2.72% |
1968 | $124,847.04 | 4.79% |
1969 | $131,472.28 | 5.31% |
1970 | $140,305.93 | 6.72% |
1971 | $147,160.61 | 4.89% |
1972 | $151,233.27 | 2.77% |
1973 | $161,414.91 | 6.73% |
1974 | $180,573.61 | 11.87% |
1975 | $195,602.29 | 8.32% |
1976 | $205,267.69 | 4.94% |
1977 | $218,661.57 | 6.53% |
1978 | $231,424.47 | 5.84% |
1979 | $254,426.39 | 9.94% |
1980 | $287,638.62 | 13.05% |
1981 | $316,921.61 | 10.18% |
1982 | $332,323.14 | 4.86% |
1983 | $342,017.21 | 2.92% |
1984 | $358,078.39 | 4.70% |
1985 | $374,340.34 | 4.54% |
1986 | $383,632.89 | 2.48% |
1987 | $402,017.21 | 4.79% |
1988 | $421,261.95 | 4.79% |
1989 | $441,567.88 | 4.82% |
1990 | $467,523.90 | 5.88% |
1991 | $489,349.90 | 4.67% |
1992 | $504,493.31 | 3.09% |
1993 | $517,055.45 | 2.49% |
1994 | $532,227.53 | 2.93% |
1995 | $546,166.35 | 2.62% |
1996 | $560,449.33 | 2.62% |
1997 | $572,868.07 | 2.22% |
1998 | $578,604.21 | 1.00% |
1999 | $590,965.58 | 2.14% |
2000 | $606,768.64 | 2.67% |
2001 | $623,575.53 | 2.77% |
2002 | $635,621.41 | 1.93% |
2003 | $649,359.46 | 2.16% |
2004 | $675,086.04 | 3.96% |
2005 | $701,902.49 | 3.97% |
2006 | $728,919.69 | 3.85% |
2007 | $744,900.86 | 2.19% |
2008 | $771,522.28 | 3.57% |
2009 | $767,539.39 | -0.52% |
2010 | $783,261.85 | 2.05% |
2011 | $803,796.08 | 2.62% |
2012 | $818,856.60 | 1.87% |
2013 | $828,687.48 | 1.20% |
2014 | $839,726.67 | 1.33% |
2015 | $839,005.35 | -0.09% |
2016 | $843,914.05 | 0.59% |
2017 | $854,654.68 | 1.27% |
2018 | $866,048.09 | 1.33% |
2019 | $882,487.00 | 1.90% |
2020 | $890,573.52 | 0.92% |
2021 | $925,404.78 | 3.91% |
2022 | $997,710.52 | 7.81% |
2023 | $1,042,947.71 | 4.53% |
2024 | $1,062,813.96 | 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 |