All items less food priced at $20 in 2000 $28.98 in 2018

Historical Price Inflation for All items less food

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Prices for All Items Less Food, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for all items less food were 44.92% higher in 2018 versus 2000 (a $8.98 difference in value).

Between 2000 and 2018: All items less food experienced an average inflation rate of 2.08% per year. This rate of change indicates significant inflation. In other words, all items less food costing $20 in the year 2000 would cost $28.98 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for all items less food was lower.

In the year 2000: Pricing changed by 3.57%, which is above the average yearly change for all items less food during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.37%), inflation for all items less food was higher.

Price Inflation for All items less food since 1984

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1990 (5.34%), 1989 (4.56%), and 1991 (4.48%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for All items less food:

Year 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
CPI 104.033 108.000 109.767 113.633 118.300 123.700 130.300 136.133 140.767 145.133 149.000 153.100 157.500 161.100 163.433 167.033 173.000 177.800 180.533 184.667 189.367 196.033 202.700 208.098 215.528 214.008 217.829 224.503 228.962 232.343 235.818 235.433 238.773 244.345 250.710

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Buying power of $20 since 2000

Below are calculations of equivalent buying power for All items less food, over time, for $20 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2000 $20.00 3.57%
2001 $20.55 2.77%
2002 $20.87 1.54%
2003 $21.35 2.29%
2004 $21.89 2.55%
2005 $22.66 3.52%
2006 $23.43 3.40%
2007 $24.06 2.66%
2008 $24.92 3.57%
2009 $24.74 -0.71%
2010 $25.18 1.79%
2011 $25.95 3.06%
2012 $26.47 1.99%
2013 $26.86 1.48%
2014 $27.26 1.50%
2015 $27.22 -0.16%
2016 $27.60 1.42%
2017 $28.25 2.33%
2018 $28.98 2.60%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for all items less food, 2000-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2000 * 2000 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for All items less food was 173.000 in the year 2000 and 250.710 in 2018:

250.710 / 173.000 * $20 = $28.98

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $28.98 in 2018 (in the CPI category of All items less food).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for All items less food in 1984. In addition to all items less food, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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