Philadelphia, Pennsylvania prices: $710 in 2014 → $949.63 in 2026

Inflation in Pennsylvania

$

Prices in Philadelphia, 2014-2026 ($710)

According to the U.S. Bureau of Labor Statistics, prices in Philadelphia, Pennsylvania are 33.75% higher in 2026 versus 2014 (a $239.63 difference in value).

Between 2014 and 2026: Philadelphia experienced an average inflation rate of 2.45% per year. This rate of change indicates significant inflation. In other words, $710 in Philadelphia in the year 2014 would cost $949.63 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.65% during this same period, inflation in Philadelphia was lower.

In the year 2014: Pricing changed by 1.33%, which is below the average yearly change in Philadelphia during the 2014-2026 time period. Compared to inflation for all items in 2014 (1.62%), inflation in Philadelphia was lower.

Price Inflation in Philadelphia, Pennsylvania since 1914

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1919 (21.56%), 1918 (21.45%), and 1920 (16.49%).
View price changes for other categories
Admission to sporting events · Gasoline (all types) · Film and photographic supplies · Fish and seafood · More

Buying power of $710.00 since 2014

Below are calculations of equivalent buying power in Philadelphia, over time, for $710 beginning in 2014. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2014$710.001.33%
2015$709.39-0.09%
2016$713.540.59%
2017$722.621.27%
2018$732.261.33%
2019$746.151.90%
2020$752.990.92%
2021$782.443.91%
2022$843.587.81%
2023$881.834.53%
2024$913.353.57%
2025$938.152.72%
2026$949.631.22%*

* 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:

Year19141915191619171918191919201921192219231924192519261927192819291930193119321933193419351936193719381939194019411942194319441945194619471948194919501951195219531954195519561957195819591960196119621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CPI10.20010.20810.40811.80814.34217.43320.30818.61717.26717.54217.69218.27518.83318.56718.15817.80817.60816.22514.60013.37514.01714.23314.50814.85814.55014.31714.33315.04216.73317.80018.04218.52520.10823.00824.83324.54224.69226.97527.49227.62527.90827.85028.23329.14229.71730.05030.58330.92531.20031.75832.25832.75833.70034.61736.27538.20040.76742.75843.94246.90052.46756.83359.64263.53367.24273.92583.57592.08396.55899.375104.042108.767111.467116.808122.400128.300135.842142.183146.583150.233154.642158.692162.842166.450168.117171.708176.300181.183184.683188.675196.150203.942211.792216.435224.170223.013227.581233.547237.923240.780243.987243.778245.204248.325251.635256.411258.761268.882289.890303.034313.867322.389326.334

Adjust Philadelphia prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 2014 * 2014 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Philadelphia, Pennsylvania was 243.987 in the year 2014 and 326.334 in 2026:

326.334 / 243.987 * $710 = $949.63

Therefore, according to U.S. Bureau of Labor Statistics, $710 in 2014 has the same "purchasing power" as $949.63 in 2026 (in the CPI category of Philadelphia, Pennsylvania).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Philadelphia, Pennsylvania in 1914. In addition to Philadelphia, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.