According to the U.S. Bureau of Labor Statistics, prices in Philadelphia, Pennsylvania are 1,429.35% higher in 2024 versus 1920 (a $571,741,485,432.91 difference in value).
Between 1920 and 2024: Philadelphia experienced an average inflation rate of 2.66% per year. This rate of change indicates significant inflation. In other words, $40,000,000,000 in Philadelphia in the year 1920 would cost $611,741,485,432.91 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 $40,000,000,000 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 | $40,000,000,000.00 | 16.49% |
1921 | $36,668,034,468.61 | -8.33% |
1922 | $34,009,027,492.82 | -7.25% |
1923 | $34,550,677,061.96 | 1.59% |
1924 | $34,846,122,281.49 | 0.86% |
1925 | $35,995,075,913.01 | 3.30% |
1926 | $37,094,788,674.60 | 3.06% |
1927 | $36,569,552,728.76 | -1.42% |
1928 | $35,765,285,186.70 | -2.20% |
1929 | $35,075,913,007.80 | -1.93% |
1930 | $34,681,986,048.42 | -1.12% |
1931 | $31,957,324,579.40 | -7.86% |
1932 | $28,756,668,034.47 | -10.02% |
1933 | $26,343,865,408.29 | -8.39% |
1934 | $27,607,714,402.95 | 4.80% |
1935 | $28,034,468,608.95 | 1.55% |
1936 | $28,576,118,178.09 | 1.93% |
1937 | $29,265,490,357.00 | 2.41% |
1938 | $28,658,186,294.62 | -2.08% |
1939 | $28,198,604,842.02 | -1.60% |
1940 | $28,231,432,088.63 | 0.12% |
1941 | $29,626,590,069.76 | 4.94% |
1942 | $32,958,555,601.15 | 11.25% |
1943 | $35,059,499,384.49 | 6.37% |
1944 | $35,535,494,460.40 | 1.36% |
1945 | $36,487,484,612.23 | 2.68% |
1946 | $39,606,073,040.62 | 8.55% |
1947 | $45,318,013,951.58 | 14.42% |
1948 | $48,912,597,455.89 | 7.93% |
1949 | $48,338,120,640.13 | -1.17% |
1950 | $48,633,565,859.66 | 0.61% |
1951 | $53,130,898,645.88 | 9.25% |
1952 | $54,148,543,290.93 | 1.92% |
1953 | $54,411,161,263.85 | 0.48% |
1954 | $54,969,224,456.30 | 1.03% |
1955 | $54,854,329,093.15 | -0.21% |
1956 | $55,609,355,765.29 | 1.38% |
1957 | $57,398,440,705.79 | 3.22% |
1958 | $58,530,980,713.99 | 1.97% |
1959 | $59,187,525,646.29 | 1.12% |
1960 | $60,237,997,537.96 | 1.77% |
1961 | $60,910,956,093.56 | 1.12% |
1962 | $61,452,605,662.70 | 0.89% |
1963 | $62,552,318,424.29 | 1.79% |
1964 | $63,537,135,822.73 | 1.57% |
1965 | $64,521,953,221.17 | 1.55% |
1966 | $66,376,692,654.90 | 2.87% |
1967 | $68,182,191,218.71 | 2.72% |
1968 | $71,448,502,256.87 | 4.79% |
1969 | $75,240,049,240.87 | 5.31% |
1970 | $80,295,445,219.53 | 6.72% |
1971 | $84,218,301,189.99 | 4.89% |
1972 | $86,549,035,699.63 | 2.77% |
1973 | $92,375,871,973.74 | 6.73% |
1974 | $103,340,172,343.04 | 11.87% |
1975 | $111,940,910,956.09 | 8.32% |
1976 | $117,472,302,010.67 | 4.94% |
1977 | $125,137,464,095.20 | 6.53% |
1978 | $132,441,526,466.97 | 5.84% |
1979 | $145,605,252,359.46 | 9.94% |
1980 | $164,612,228,149.36 | 13.05% |
1981 | $181,370,537,546.16 | 10.18% |
1982 | $190,184,653,262.21 | 4.86% |
1983 | $195,732,457,940.09 | 2.92% |
1984 | $204,924,086,992.20 | 4.70% |
1985 | $214,230,611,407.47 | 4.54% |
1986 | $219,548,625,359.05 | 2.48% |
1987 | $230,069,757,899.06 | 4.79% |
1988 | $241,083,299,138.28 | 4.79% |
1989 | $252,704,144,439.89 | 4.82% |
1990 | $267,558,473,533.03 | 5.88% |
1991 | $280,049,240,869.92 | 4.67% |
1992 | $288,715,633,976.20 | 3.09% |
1993 | $295,904,800,984.82 | 2.49% |
1994 | $304,587,607,714.40 | 2.93% |
1995 | $312,564,628,641.77 | 2.62% |
1996 | $320,738,613,048.83 | 2.62% |
1997 | $327,845,711,940.91 | 2.22% |
1998 | $331,128,436,602.38 | 1.00% |
1999 | $338,202,708,247.85 | 2.14% |
2000 | $347,246,614,690.19 | 2.67% |
2001 | $356,864,997,948.30 | 2.77% |
2002 | $363,758,719,737.38 | 1.93% |
2003 | $371,620,845,301.60 | 2.16% |
2004 | $386,343,865,408.29 | 3.96% |
2005 | $401,690,603,200.66 | 3.97% |
2006 | $417,152,236,356.18 | 3.85% |
2007 | $426,298,071,399.26 | 2.19% |
2008 | $441,533,196,553.14 | 3.57% |
2009 | $439,253,836,684.45 | -0.52% |
2010 | $448,251,620,845.30 | 2.05% |
2011 | $460,003,118,588.43 | 2.62% |
2012 | $468,622,076,323.35 | 1.87% |
2013 | $474,248,173,984.41 | 1.20% |
2014 | $480,565,777,595.40 | 1.33% |
2015 | $480,152,974,969.22 | -0.09% |
2016 | $482,962,166,598.28 | 0.59% |
2017 | $489,108,904,390.64 | 1.27% |
2018 | $495,629,216,249.49 | 1.33% |
2019 | $505,037,012,720.56 | 1.90% |
2020 | $509,664,833,812.06 | 0.92% |
2021 | $529,598,358,637.67 | 3.91% |
2022 | $570,978,087,812.88 | 7.81% |
2023 | $596,866,803,446.86 | 4.53% |
2024 | $611,741,485,432.91 | 2.49%* |
* 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 | 310.586 |