According to the U.S. Bureau of Labor Statistics, prices for other goods and services are 1,474.68% higher in 2024 versus 1967 (a $884,807,022,163,704.38 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 $60,000,000,000,000 in the year 1967 would cost $944,807,022,163,704.38 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.99% 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 $60,000,000,000,000 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 | $60,000,000,000,000.00 | - |
1968 | $63,133,640,552,995.40 | 5.22% |
1969 | $66,240,947,992,100.07 | 4.92% |
1970 | $70,085,582,620,144.83 | 5.80% |
1971 | $73,403,554,970,375.25 | 4.73% |
1972 | $76,524,028,966,425.28 | 4.25% |
1973 | $79,486,504,279,131.02 | 3.87% |
1974 | $85,213,956,550,362.08 | 7.21% |
1975 | $92,297,564,186,965.13 | 8.31% |
1976 | $97,616,853,192,890.06 | 5.76% |
1977 | $103,344,305,464,121.14 | 5.87% |
1978 | $109,953,917,050,691.23 | 6.40% |
1979 | $117,998,683,344,305.48 | 7.32% |
1980 | $128,676,761,026,991.44 | 9.05% |
1981 | $141,448,321,263,989.47 | 9.93% |
1982 | $155,984,200,131,665.59 | 10.28% |
1983 | $172,955,892,034,233.06 | 10.88% |
1984 | $184,581,961,816,984.88 | 6.72% |
1985 | $195,944,700,460,829.53 | 6.16% |
1986 | $207,807,768,268,597.75 | 6.05% |
1987 | $219,907,834,101,382.47 | 5.82% |
1988 | $234,562,211,981,566.84 | 6.66% |
1989 | $252,771,560,236,998.03 | 7.76% |
1990 | $272,100,065,832,784.75 | 7.65% |
1991 | $293,719,552,337,063.94 | 7.95% |
1992 | $313,680,052,666,227.81 | 6.80% |
1993 | $330,177,748,518,762.31 | 5.26% |
1994 | $339,802,501,645,819.63 | 2.92% |
1995 | $354,061,882,817,643.19 | 4.20% |
1996 | $368,703,094,140,882.25 | 4.14% |
1997 | $384,792,626,728,110.75 | 4.36% |
1998 | $406,925,608,953,258.75 | 5.75% |
1999 | $442,067,149,440,421.44 | 8.64% |
2000 | $463,976,300,197,498.38 | 4.96% |
2001 | $483,765,635,286,372.56 | 4.27% |
2002 | $501,922,317,314,022.38 | 3.75% |
2003 | $511,310,072,416,063.25 | 1.87% |
2004 | $521,593,153,390,388.38 | 2.01% |
2005 | $536,352,863,726,135.63 | 2.83% |
2006 | $550,651,744,568,795.25 | 2.67% |
2007 | $570,542,198,815,010.00 | 3.61% |
2008 | $591,172,745,227,123.25 | 3.62% |
2009 | $630,890,585,911,784.13 | 6.72% |
2010 | $652,638,314,680,711.00 | 3.45% |
2011 | $662,793,548,387,096.75 | 1.56% |
2012 | $675,066,754,443,713.00 | 1.85% |
2013 | $686,375,510,204,081.63 | 1.68% |
2014 | $698,520,473,996,050.13 | 1.77% |
2015 | $710,160,368,663,594.38 | 1.67% |
2016 | $724,153,390,388,413.50 | 1.97% |
2017 | $740,433,574,720,210.88 | 2.25% |
2018 | $757,087,030,941,409.00 | 2.25% |
2019 | $772,439,631,336,405.63 | 2.03% |
2020 | $791,471,626,069,782.75 | 2.46% |
2021 | $816,165,503,620,803.25 | 3.12% |
2022 | $866,775,773,535,220.63 | 6.20% |
2023 | $919,608,821,593,153.50 | 6.10% |
2024 | $944,807,022,163,704.38 | 2.74%* |
* 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 | 551.985 |