Seattle, Washington prices: $1,200,000 in 2010 $1,790,517.13 in 2023

Inflation in Washington


Prices in Seattle, 2010-2023 ($1,200,000)

According to the U.S. Bureau of Labor Statistics, prices in Seattle, Washington are 49.21% higher in 2023 versus 2010 (a $590,517.13 difference in value).

Between 2010 and 2023: Seattle experienced an average inflation rate of 3.13% per year. This rate of change indicates significant inflation. In other words, $1,200,000 in Seattle in the year 2010 would cost $1,790,517.13 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.57% during this same period, inflation in Seattle was higher.

In the year 2010: Pricing changed by 0.33%, which is below the average yearly change in Seattle during the 2010-2023 time period. Compared to inflation for all items in 2010 (1.64%), inflation in Seattle was lower.

Price Inflation in Seattle, Washington since 1914

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1998 (50.08%), 1919 (31.68%), and 1918 (22.53%).

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Buying power of $1,200,000.00 since 2010

Below are calculations of equivalent buying power in Seattle, over time, for $1,200,000 beginning in 2010. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate

* 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:


Adjust Seattle prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2010 * 2010 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Seattle, Washington was 226.640 in the year 2010 and 338.169 in 2023:

338.169 / 226.640 * $1,200,000 = $1,790,517.13

Therefore, according to U.S. Bureau of Labor Statistics, $1,200,000 in 2010 has the same "purchasing power" as $1,790,517.13 in 2023 (in the CPI category of Seattle, Washington).

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

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