According to the U.S. Bureau of Labor Statistics, prices in Philadelphia, Pennsylvania are 1,420.59% higher in 2024 versus 1920 (a $156,264,907,673.37 difference in value).
Between 1920 and 2024: Philadelphia experienced an average inflation rate of 2.65% per year. This rate of change indicates significant inflation. In other words, $11,000,000,000 in Philadelphia in the year 1920 would cost $167,264,907,673.37 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.67% during this same period, inflation in Philadelphia was lower.
In the year 1920: Pricing changed by 16.49%, which is significantly above the average yearly change in Philadelphia during the 1920-2024 time period. Compared to inflation for all items in 1920 (15.62%), inflation in Philadelphia was higher.
Below are calculations of equivalent buying power in Philadelphia, over time, for $11,000,000,000 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 | $11,000,000,000.00 | 16.49% |
1921 | $10,083,709,478.87 | -8.33% |
1922 | $9,352,482,560.53 | -7.25% |
1923 | $9,501,436,192.04 | 1.59% |
1924 | $9,582,683,627.41 | 0.86% |
1925 | $9,898,645,876.08 | 3.30% |
1926 | $10,201,066,885.51 | 3.06% |
1927 | $10,056,627,000.41 | -1.42% |
1928 | $9,835,453,426.34 | -2.20% |
1929 | $9,645,876,077.14 | -1.93% |
1930 | $9,537,546,163.32 | -1.12% |
1931 | $8,788,264,259.34 | -7.86% |
1932 | $7,908,083,709.48 | -10.02% |
1933 | $7,244,562,987.28 | -8.39% |
1934 | $7,592,121,460.81 | 4.80% |
1935 | $7,709,478,867.46 | 1.55% |
1936 | $7,858,432,498.97 | 1.93% |
1937 | $8,048,009,848.17 | 2.41% |
1938 | $7,881,001,231.02 | -2.08% |
1939 | $7,754,616,331.56 | -1.60% |
1940 | $7,763,643,824.37 | 0.12% |
1941 | $8,147,312,269.18 | 4.94% |
1942 | $9,063,602,790.32 | 11.25% |
1943 | $9,641,362,330.73 | 6.37% |
1944 | $9,772,260,976.61 | 1.36% |
1945 | $10,034,058,268.36 | 2.68% |
1946 | $10,891,670,086.17 | 8.55% |
1947 | $12,462,453,836.68 | 14.42% |
1948 | $13,450,964,300.37 | 7.93% |
1949 | $13,292,983,176.04 | -1.17% |
1950 | $13,374,230,611.41 | 0.61% |
1951 | $14,610,997,127.62 | 9.25% |
1952 | $14,890,849,405.01 | 1.92% |
1953 | $14,963,069,347.56 | 0.48% |
1954 | $15,116,536,725.48 | 1.03% |
1955 | $15,084,940,500.62 | -0.21% |
1956 | $15,292,572,835.45 | 1.38% |
1957 | $15,784,571,194.09 | 3.22% |
1958 | $16,096,019,696.35 | 1.97% |
1959 | $16,276,569,552.73 | 1.12% |
1960 | $16,565,449,322.94 | 1.77% |
1961 | $16,750,512,925.73 | 1.12% |
1962 | $16,899,466,557.24 | 0.89% |
1963 | $17,201,887,566.68 | 1.79% |
1964 | $17,472,712,351.25 | 1.57% |
1965 | $17,743,537,135.82 | 1.55% |
1966 | $18,253,590,480.10 | 2.87% |
1967 | $18,750,102,585.15 | 2.72% |
1968 | $19,648,338,120.64 | 4.79% |
1969 | $20,691,013,541.24 | 5.31% |
1970 | $22,081,247,435.37 | 6.72% |
1971 | $23,160,032,827.25 | 4.89% |
1972 | $23,800,984,817.40 | 2.77% |
1973 | $25,403,364,792.78 | 6.73% |
1974 | $28,418,547,394.34 | 11.87% |
1975 | $30,783,750,512.93 | 8.32% |
1976 | $32,304,883,052.93 | 4.94% |
1977 | $34,412,802,626.18 | 6.53% |
1978 | $36,421,419,778.42 | 5.84% |
1979 | $40,041,444,398.85 | 9.94% |
1980 | $45,268,362,741.08 | 13.05% |
1981 | $49,876,897,825.19 | 10.18% |
1982 | $52,300,779,647.11 | 4.86% |
1983 | $53,826,425,933.52 | 2.92% |
1984 | $56,354,123,922.86 | 4.70% |
1985 | $58,913,418,137.05 | 4.54% |
1986 | $60,375,871,973.74 | 2.48% |
1987 | $63,269,183,422.24 | 4.79% |
1988 | $66,297,907,263.03 | 4.79% |
1989 | $69,493,639,720.97 | 4.82% |
1990 | $73,578,580,221.58 | 5.88% |
1991 | $77,013,541,239.23 | 4.67% |
1992 | $79,396,799,343.46 | 3.09% |
1993 | $81,373,820,270.82 | 2.49% |
1994 | $83,761,592,121.46 | 2.93% |
1995 | $85,955,272,876.49 | 2.62% |
1996 | $88,203,118,588.43 | 2.62% |
1997 | $90,157,570,783.75 | 2.22% |
1998 | $91,060,320,065.65 | 1.00% |
1999 | $93,005,744,768.16 | 2.14% |
2000 | $95,492,819,039.80 | 2.67% |
2001 | $98,137,874,435.78 | 2.77% |
2002 | $100,033,647,927.78 | 1.93% |
2003 | $102,195,732,457.94 | 2.16% |
2004 | $106,244,562,987.28 | 3.96% |
2005 | $110,464,915,880.18 | 3.97% |
2006 | $114,716,864,997.95 | 3.85% |
2007 | $117,231,969,634.80 | 2.19% |
2008 | $121,421,629,052.11 | 3.57% |
2009 | $120,794,805,088.22 | -0.52% |
2010 | $123,269,195,732.46 | 2.05% |
2011 | $126,500,857,611.82 | 2.62% |
2012 | $128,871,070,988.92 | 1.87% |
2013 | $130,418,247,845.71 | 1.20% |
2014 | $132,155,588,838.74 | 1.33% |
2015 | $132,042,068,116.54 | -0.09% |
2016 | $132,814,595,814.53 | 0.59% |
2017 | $134,504,948,707.43 | 1.27% |
2018 | $136,298,034,468.61 | 1.33% |
2019 | $138,885,178,498.15 | 1.90% |
2020 | $140,157,829,298.32 | 0.92% |
2021 | $145,639,548,625.36 | 3.91% |
2022 | $157,018,974,148.54 | 7.81% |
2023 | $164,138,370,947.89 | 4.53% |
2024 | $167,264,907,673.37 | 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 |