According to the U.S. Bureau of Labor Statistics, prices in Seattle, Washington are 2,547.62% higher in 2024 versus 1940 (a $178,333.42 difference in value).
Between 1940 and 2024: Seattle experienced an average inflation rate of 3.98% per year. This rate of change indicates significant inflation. In other words, $7,000 in Seattle in the year 1940 would cost $185,333.42 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.76% during this same period, inflation in Seattle was higher.
In the year 1940: Pricing changed by 0.19%, which is significantly below the average yearly change in Seattle during the 1940-2024 time period. Compared to inflation for all items in 1940 (0.72%), inflation in Seattle was lower.
Below are calculations of equivalent buying power in Seattle, over time, for $7,000 beginning in 1940. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1940 | $7,000.00 | 0.19% |
1941 | $7,433.35 | 6.19% |
1942 | $8,357.55 | 12.43% |
1943 | $8,835.12 | 5.71% |
1944 | $8,989.89 | 1.75% |
1945 | $9,188.88 | 2.21% |
1946 | $9,891.98 | 7.65% |
1947 | $11,125.71 | 12.47% |
1948 | $12,076.44 | 8.55% |
1949 | $12,080.86 | 0.04% |
1950 | $12,156.03 | 0.62% |
1951 | $13,133.29 | 8.04% |
1952 | $13,526.85 | 3.00% |
1953 | $13,659.51 | 0.98% |
1954 | $13,681.62 | 0.16% |
1955 | $13,739.10 | 0.42% |
1956 | $13,889.45 | 1.09% |
1957 | $14,477.57 | 4.23% |
1958 | $14,809.22 | 2.29% |
1959 | $15,078.96 | 1.82% |
1960 | $15,269.11 | 1.26% |
1961 | $15,525.58 | 1.68% |
1962 | $15,768.79 | 1.57% |
1963 | $16,012.00 | 1.54% |
1964 | $16,241.95 | 1.44% |
1965 | $16,401.14 | 0.98% |
1966 | $16,865.45 | 2.83% |
1967 | $17,360.71 | 2.94% |
1968 | $18,054.96 | 4.00% |
1969 | $18,930.51 | 4.85% |
1970 | $19,783.95 | 4.51% |
1971 | $20,217.31 | 2.19% |
1972 | $20,787.74 | 2.82% |
1973 | $22,034.74 | 6.00% |
1974 | $24,382.82 | 10.66% |
1975 | $26,956.41 | 10.55% |
1976 | $28,508.53 | 5.76% |
1977 | $30,697.41 | 7.68% |
1978 | $33,775.11 | 10.03% |
1979 | $37,401.14 | 10.74% |
1980 | $43,671.51 | 16.77% |
1981 | $48,473.78 | 11.00% |
1982 | $51,834.49 | 6.93% |
1983 | $52,612.76 | 1.50% |
1984 | $54,576.12 | 3.73% |
1985 | $55,982.31 | 2.58% |
1986 | $56,605.81 | 1.11% |
1987 | $56,672.14 | 0.12% |
1988 | $56,672.14 | 0.00% ** |
1989 | $56,672.14 | 0.00% ** |
1990 | $56,672.14 | 0.00% ** |
1991 | $56,672.14 | 0.00% ** |
1992 | $56,672.14 | 0.00% ** |
1993 | $56,672.14 | 0.00% ** |
1994 | $56,672.14 | 0.00% ** |
1995 | $56,672.14 | 0.00% ** |
1996 | $56,672.14 | 0.00% ** |
1997 | $59,245.74 | 4.54% |
1998 | $88,917.25 | 50.08% |
1999 | $91,579.28 | 2.99% |
2000 | $94,935.57 | 3.66% |
2001 | $98,433.35 | 3.68% |
2002 | $100,383.45 | 1.98% |
2003 | $102,050.54 | 1.66% |
2004 | $103,231.21 | 1.16% |
2005 | $106,118.76 | 2.80% |
2006 | $109,992.42 | 3.65% |
2007 | $114,221.52 | 3.84% |
2008 | $119,165.82 | 4.33% |
2009 | $119,872.46 | 0.59% |
2010 | $120,263.89 | 0.33% |
2011 | $123,338.76 | 2.56% |
2012 | $126,573.58 | 2.62% |
2013 | $128,115.39 | 1.22% |
2014 | $130,459.08 | 1.83% |
2015 | $132,207.98 | 1.34% |
2016 | $135,162.88 | 2.24% |
2017 | $139,216.47 | 3.00% |
2018 | $143,691.16 | 3.21% |
2019 | $147,342.70 | 2.54% |
2020 | $149,859.17 | 1.71% |
2021 | $156,584.78 | 4.49% |
2022 | $170,502.89 | 8.89% |
2023 | $180,716.25 | 5.99% |
2024 | $185,333.42 | 2.55%* |
* 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 Seattle, Washington:
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 | 9.200 | 9.192 | 9.150 | 9.875 | 12.100 | 15.933 | 18.875 | 16.975 | 15.658 | 15.433 | 15.550 | 15.833 | 15.875 | 15.725 | 15.350 | 15.458 | 15.408 | 14.067 | 12.892 | 12.050 | 12.192 | 12.550 | 12.717 | 13.292 | 13.258 | 13.167 | 13.192 | 14.008 | 15.750 | 16.650 | 16.942 | 17.317 | 18.642 | 20.967 | 22.758 | 22.767 | 22.908 | 24.750 | 25.492 | 25.742 | 25.783 | 25.892 | 26.175 | 27.283 | 27.908 | 28.417 | 28.775 | 29.258 | 29.717 | 30.175 | 30.608 | 30.908 | 31.783 | 32.717 | 34.025 | 35.675 | 37.283 | 38.100 | 39.175 | 41.525 | 45.950 | 50.800 | 53.725 | 57.850 | 63.650 | 70.483 | 82.300 | 91.350 | 97.683 | 99.150 | 102.850 | 105.500 | 106.675 | 106.800 | 106.800 | 106.800 | 106.800 | 106.800 | 106.800 | 106.800 | 106.800 | 106.800 | 106.800 | 111.650 | 167.567 | 172.583 | 178.908 | 185.500 | 189.175 | 192.317 | 194.542 | 199.983 | 207.283 | 215.253 | 224.571 | 225.903 | 226.640 | 232.435 | 238.531 | 241.436 | 245.853 | 249.149 | 254.718 | 262.357 | 270.789 | 277.671 | 282.413 | 295.088 | 321.317 | 340.564 | 349.265 |