According to the U.S. Bureau of Labor Statistics, prices in Philadelphia, Pennsylvania are 1,558.76% higher in 2024 versus 1921 (a $7,949,694.63 difference in value).
Between 1921 and 2024: Philadelphia experienced an average inflation rate of 2.76% per year. This rate of change indicates significant inflation. In other words, $510,000 in Philadelphia in the year 1921 would cost $8,459,694.63 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.81% during this same period, inflation in Philadelphia was lower.
In the year 1921: Pricing changed by -8.33%, which is significantly below the average yearly change in Philadelphia during the 1921-2024 time period. Compared to inflation for all items in 1921 (-10.90%), inflation in Philadelphia was higher.
Below are calculations of equivalent buying power in Philadelphia, over time, for $510,000 beginning in 1921. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1921 | $510,000.00 | -8.33% |
1922 | $473,017.01 | -7.25% |
1923 | $480,550.58 | 1.59% |
1924 | $484,659.80 | 0.86% |
1925 | $500,640.11 | 3.30% |
1926 | $515,935.54 | 3.06% |
1927 | $508,630.26 | -1.42% |
1928 | $497,444.05 | -2.20% |
1929 | $487,855.86 | -1.93% |
1930 | $482,376.90 | -1.12% |
1931 | $444,480.75 | -7.86% |
1932 | $399,964.19 | -10.02% |
1933 | $366,405.55 | -8.39% |
1934 | $383,983.89 | 4.80% |
1935 | $389,919.43 | 1.55% |
1936 | $397,453.00 | 1.93% |
1937 | $407,041.18 | 2.41% |
1938 | $398,594.45 | -2.08% |
1939 | $392,202.33 | -1.60% |
1940 | $392,658.91 | 0.12% |
1941 | $412,063.56 | 4.94% |
1942 | $458,406.45 | 11.25% |
1943 | $487,627.57 | 6.37% |
1944 | $494,247.99 | 1.36% |
1945 | $507,488.81 | 2.68% |
1946 | $550,863.92 | 8.55% |
1947 | $630,308.86 | 14.42% |
1948 | $680,304.39 | 7.93% |
1949 | $672,314.23 | -1.17% |
1950 | $676,423.46 | 0.61% |
1951 | $738,974.93 | 9.25% |
1952 | $753,128.92 | 1.92% |
1953 | $756,781.56 | 0.48% |
1954 | $764,543.42 | 1.03% |
1955 | $762,945.39 | -0.21% |
1956 | $773,446.73 | 1.38% |
1957 | $798,330.35 | 3.22% |
1958 | $814,082.36 | 1.97% |
1959 | $823,213.97 | 1.12% |
1960 | $837,824.53 | 1.77% |
1961 | $847,184.42 | 1.12% |
1962 | $854,717.99 | 0.89% |
1963 | $870,013.43 | 1.79% |
1964 | $883,710.83 | 1.57% |
1965 | $897,408.24 | 1.55% |
1966 | $923,205.01 | 2.87% |
1967 | $948,316.92 | 2.72% |
1968 | $993,746.64 | 4.79% |
1969 | $1,046,481.65 | 5.31% |
1970 | $1,116,794.99 | 6.72% |
1971 | $1,171,356.31 | 4.89% |
1972 | $1,203,773.50 | 2.77% |
1973 | $1,284,816.47 | 6.73% |
1974 | $1,437,314.23 | 11.87% |
1975 | $1,556,938.23 | 8.32% |
1976 | $1,633,871.98 | 4.94% |
1977 | $1,740,483.44 | 6.53% |
1978 | $1,842,072.52 | 5.84% |
1979 | $2,025,161.15 | 9.94% |
1980 | $2,289,521.04 | 13.05% |
1981 | $2,522,605.19 | 10.18% |
1982 | $2,645,196.96 | 4.86% |
1983 | $2,722,359.00 | 2.92% |
1984 | $2,850,201.43 | 4.70% |
1985 | $2,979,641.90 | 4.54% |
1986 | $3,053,607.88 | 2.48% |
1987 | $3,199,941.81 | 4.79% |
1988 | $3,353,124.44 | 4.79% |
1989 | $3,514,753.80 | 4.82% |
1990 | $3,721,356.31 | 5.88% |
1991 | $3,895,085.05 | 4.67% |
1992 | $4,015,622.20 | 3.09% |
1993 | $4,115,613.25 | 2.49% |
1994 | $4,236,378.69 | 2.93% |
1995 | $4,347,327.66 | 2.62% |
1996 | $4,461,016.11 | 2.62% |
1997 | $4,559,865.71 | 2.22% |
1998 | $4,605,523.72 | 1.00% |
1999 | $4,703,916.74 | 2.14% |
2000 | $4,829,704.57 | 2.67% |
2001 | $4,963,482.54 | 2.77% |
2002 | $5,059,364.37 | 1.93% |
2003 | $5,168,715.31 | 2.16% |
2004 | $5,373,491.50 | 3.96% |
2005 | $5,586,942.70 | 3.97% |
2006 | $5,801,991.94 | 3.85% |
2007 | $5,929,197.45 | 2.19% |
2008 | $6,141,096.28 | 3.57% |
2009 | $6,109,393.64 | -0.52% |
2010 | $6,234,539.97 | 2.05% |
2011 | $6,397,986.53 | 2.62% |
2012 | $6,517,863.92 | 1.87% |
2013 | $6,596,114.91 | 1.20% |
2014 | $6,683,983.75 | 1.33% |
2015 | $6,678,242.26 | -0.09% |
2016 | $6,717,314.10 | 0.59% |
2017 | $6,802,806.45 | 1.27% |
2018 | $6,893,494.67 | 1.33% |
2019 | $7,024,343.69 | 1.90% |
2020 | $7,088,710.07 | 0.92% |
2021 | $7,365,956.94 | 3.91% |
2022 | $7,941,489.88 | 7.81% |
2023 | $8,301,564.95 | 4.53% |
2024 | $8,459,694.63 | 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 |