According to the U.S. Bureau of Labor Statistics, prices for other goods and services are 1,477.89% higher in 2024 versus 1967 (a $502,481,985.96 difference in value).
Between 1967 and 2024: Other goods and services experienced an average inflation rate of 4.96% per year. This rate of change indicates significant inflation. In other words, other goods and services costing $34,000,000 in the year 1967 would cost $536,481,985.96 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.00% during this same period, inflation for other goods and services was higher.
Below are calculations of equivalent buying power for Other goods and services, over time, for $34,000,000 beginning in 1967. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1967 | $34,000,000.00 | - |
1968 | $35,775,729.65 | 5.22% |
1969 | $37,536,537.20 | 4.92% |
1970 | $39,715,163.48 | 5.80% |
1971 | $41,595,347.82 | 4.73% |
1972 | $43,363,616.41 | 4.25% |
1973 | $45,042,352.42 | 3.87% |
1974 | $48,287,908.71 | 7.21% |
1975 | $52,301,953.04 | 8.31% |
1976 | $55,316,216.81 | 5.76% |
1977 | $58,561,773.10 | 5.87% |
1978 | $62,307,219.66 | 6.40% |
1979 | $66,865,920.56 | 7.32% |
1980 | $72,916,831.25 | 9.05% |
1981 | $80,154,048.72 | 9.93% |
1982 | $88,391,046.74 | 10.28% |
1983 | $98,008,338.82 | 10.88% |
1984 | $104,596,445.03 | 6.72% |
1985 | $111,035,330.26 | 6.16% |
1986 | $117,757,735.35 | 6.05% |
1987 | $124,614,439.32 | 5.82% |
1988 | $132,918,586.79 | 6.66% |
1989 | $143,237,217.47 | 7.76% |
1990 | $154,190,037.31 | 7.65% |
1991 | $166,441,079.66 | 7.95% |
1992 | $177,752,029.84 | 6.80% |
1993 | $187,100,724.16 | 5.26% |
1994 | $192,554,750.93 | 2.92% |
1995 | $200,635,066.93 | 4.20% |
1996 | $208,931,753.35 | 4.14% |
1997 | $218,049,155.15 | 4.36% |
1998 | $230,591,178.41 | 5.75% |
1999 | $250,504,718.02 | 8.64% |
2000 | $262,919,903.45 | 4.96% |
2001 | $274,133,860.00 | 4.27% |
2002 | $284,422,646.48 | 3.75% |
2003 | $289,742,374.37 | 1.87% |
2004 | $295,569,453.59 | 2.01% |
2005 | $303,933,289.44 | 2.83% |
2006 | $312,035,988.59 | 2.67% |
2007 | $323,307,246.00 | 3.61% |
2008 | $334,997,888.96 | 3.62% |
2009 | $357,504,665.35 | 6.72% |
2010 | $369,828,378.32 | 3.45% |
2011 | $375,583,010.75 | 1.56% |
2012 | $382,537,827.52 | 1.85% |
2013 | $388,946,122.45 | 1.68% |
2014 | $395,828,268.60 | 1.77% |
2015 | $402,424,208.91 | 1.67% |
2016 | $410,353,587.89 | 1.97% |
2017 | $419,579,025.67 | 2.25% |
2018 | $429,015,984.20 | 2.25% |
2019 | $437,715,791.09 | 2.03% |
2020 | $448,500,588.11 | 2.46% |
2021 | $462,493,785.39 | 3.12% |
2022 | $491,172,938.34 | 6.20% |
2023 | $521,111,665.57 | 6.10% |
2024 | $536,481,985.96 | 2.95%* |
* 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 Other goods and services:
Year | 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 | 35.054 | 36.885 | 38.700 | 40.946 | 42.885 | 44.708 | 46.438 | 49.785 | 53.923 | 57.031 | 60.377 | 64.238 | 68.938 | 75.177 | 82.638 | 91.131 | 101.046 | 107.838 | 114.477 | 121.408 | 128.477 | 137.038 | 147.677 | 158.969 | 171.600 | 183.262 | 192.900 | 198.523 | 206.854 | 215.408 | 224.808 | 237.738 | 258.269 | 271.069 | 282.631 | 293.238 | 298.723 | 304.731 | 313.354 | 321.708 | 333.328 | 345.381 | 368.586 | 381.291 | 387.224 | 394.395 | 401.002 | 408.097 | 414.898 | 423.073 | 432.584 | 442.314 | 451.283 | 462.402 | 476.829 | 506.397 | 537.264 | 553.111 |