According to the U.S. Bureau of Labor Statistics, prices in Philadelphia, Pennsylvania are 1,645.49% higher in 2024 versus 1924 (a $14,644,872.44 difference in value).
Between 1924 and 2024: Philadelphia experienced an average inflation rate of 2.90% per year. This rate of change indicates significant inflation. In other words, $890,000 in Philadelphia in the year 1924 would cost $15,534,872.44 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.94% during this same period, inflation in Philadelphia was lower.
In the year 1924: Pricing changed by 0.86%, which is below the average yearly change in Philadelphia during the 1924-2024 time period. Compared to inflation for all items in 1924 (0.41%), inflation in Philadelphia was higher.
Below are calculations of equivalent buying power in Philadelphia, over time, for $890,000 beginning in 1924. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1924 | $890,000.00 | 0.86% |
1925 | $919,345.27 | 3.30% |
1926 | $947,432.88 | 3.06% |
1927 | $934,017.90 | -1.42% |
1928 | $913,476.21 | -2.20% |
1929 | $895,869.05 | -1.93% |
1930 | $885,807.82 | -1.12% |
1931 | $816,217.62 | -7.86% |
1932 | $734,470.09 | -10.02% |
1933 | $672,845.03 | -8.39% |
1934 | $705,124.82 | 4.80% |
1935 | $716,024.49 | 1.55% |
1936 | $729,858.69 | 1.93% |
1937 | $747,465.85 | 2.41% |
1938 | $731,954.78 | -2.08% |
1939 | $720,216.67 | -1.60% |
1940 | $721,055.11 | 0.12% |
1941 | $756,688.65 | 4.94% |
1942 | $841,789.92 | 11.25% |
1943 | $895,449.84 | 6.37% |
1944 | $907,607.16 | 1.36% |
1945 | $931,921.81 | 2.68% |
1946 | $1,011,573.25 | 8.55% |
1947 | $1,157,461.14 | 14.42% |
1948 | $1,249,269.90 | 7.93% |
1949 | $1,234,597.27 | -1.17% |
1950 | $1,242,143.19 | 0.61% |
1951 | $1,357,008.95 | 9.25% |
1952 | $1,383,000.47 | 1.92% |
1953 | $1,389,707.96 | 0.48% |
1954 | $1,403,961.38 | 1.03% |
1955 | $1,401,026.85 | -0.21% |
1956 | $1,420,310.88 | 1.38% |
1957 | $1,466,005.65 | 3.22% |
1958 | $1,494,931.70 | 1.97% |
1959 | $1,511,700.42 | 1.12% |
1960 | $1,538,530.38 | 1.77% |
1961 | $1,555,718.32 | 1.12% |
1962 | $1,569,552.52 | 0.89% |
1963 | $1,597,640.13 | 1.79% |
1964 | $1,622,793.22 | 1.57% |
1965 | $1,647,946.30 | 1.55% |
1966 | $1,695,317.95 | 2.87% |
1967 | $1,741,431.94 | 2.72% |
1968 | $1,824,856.34 | 4.79% |
1969 | $1,921,695.71 | 5.31% |
1970 | $2,050,814.88 | 6.72% |
1971 | $2,151,008.01 | 4.89% |
1972 | $2,210,536.98 | 2.77% |
1973 | $2,359,359.40 | 6.73% |
1974 | $2,639,397.08 | 11.87% |
1975 | $2,859,067.36 | 8.32% |
1976 | $3,000,343.85 | 4.94% |
1977 | $3,196,118.70 | 6.53% |
1978 | $3,382,670.75 | 5.84% |
1979 | $3,718,883.66 | 9.94% |
1980 | $4,204,338.20 | 13.05% |
1981 | $4,632,359.87 | 10.18% |
1982 | $4,857,479.98 | 4.86% |
1983 | $4,999,175.69 | 2.92% |
1984 | $5,233,937.82 | 4.70% |
1985 | $5,471,634.48 | 4.54% |
1986 | $5,607,461.14 | 2.48% |
1987 | $5,876,179.93 | 4.79% |
1988 | $6,157,475.27 | 4.79% |
1989 | $6,454,281.68 | 4.82% |
1990 | $6,833,674.05 | 5.88% |
1991 | $7,152,699.01 | 4.67% |
1992 | $7,374,046.16 | 3.09% |
1993 | $7,557,663.68 | 2.49% |
1994 | $7,779,430.05 | 2.93% |
1995 | $7,983,170.04 | 2.62% |
1996 | $8,191,940.65 | 2.62% |
1997 | $8,373,462.08 | 2.22% |
1998 | $8,457,305.70 | 1.00% |
1999 | $8,637,988.70 | 2.14% |
2000 | $8,868,977.86 | 2.67% |
2001 | $9,114,639.66 | 2.77% |
2002 | $9,290,711.26 | 1.93% |
2003 | $9,491,516.72 | 2.16% |
2004 | $9,867,555.35 | 3.96% |
2005 | $10,259,524.26 | 3.97% |
2006 | $10,654,427.70 | 3.85% |
2007 | $10,888,020.21 | 2.19% |
2008 | $11,277,138.44 | 3.57% |
2009 | $11,218,921.62 | -0.52% |
2010 | $11,448,732.78 | 2.05% |
2011 | $11,748,876.17 | 2.62% |
2012 | $11,969,011.78 | 1.87% |
2013 | $12,112,707.16 | 1.20% |
2014 | $12,274,064.20 | 1.33% |
2015 | $12,263,520.87 | -0.09% |
2016 | $12,335,270.04 | 0.59% |
2017 | $12,492,263.02 | 1.27% |
2018 | $12,658,797.41 | 1.33% |
2019 | $12,899,080.64 | 1.90% |
2020 | $13,017,279.18 | 0.92% |
2021 | $13,526,398.59 | 3.91% |
2022 | $14,583,272.54 | 7.81% |
2023 | $15,244,492.65 | 4.53% |
2024 | $15,534,872.44 | 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 |