Other goods priced at $20 in 2016 $20.85 in 2019

Historical Price Inflation for Other goods

$

Prices for Other Goods, 2016-2019 ($20)

According to the U.S. Bureau of Labor Statistics, prices for other goods were 4.26% higher in 2019 versus 2016 (a $0.85 difference in value).

Between 2016 and 2019: Other goods experienced an average inflation rate of 1.40% per year. In other words, other goods costing $20 in the year 2016 would cost $20.85 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 2.00% during this same period, inflation for other goods was lower.

In the year 2016: Pricing changed by 1.09%, which is below the average yearly change for other goods during the 2016-2019 time period. Compared to inflation for all items in 2016 (1.26%), inflation for other goods was lower.

Price Inflation for Other goods since 2010

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2017 (1.98%), 2014 (1.75%), and 2012 (1.45%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Other goods:

Year 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
CPI 100.942 102.339 103.822 104.909 106.745 107.740 108.914 111.067 112.347 113.557

View price changes for other categories
Philadelphia, Pennsylvania · Public transportation · Tampa, Florida · Alcoholic beverages · More

Buying power of $20 since 2016

Below are calculations of equivalent buying power for Other goods, over time, for $20 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2016 $20.00 1.09%
2017 $20.40 1.98%
2018 $20.63 1.15%
2019 $20.85 1.08%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for other goods, 2016-2019

Start with the inflation rate formula:

CPI in 2019 / CPI in 2016 * 2016 USD value = 2019 USD value

Then plug in historical CPI values from above. The CPI for Other goods was 108.914 in the year 2016 and 113.557 in 2019:

113.557 / 108.914 * $20 = $20.85

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2016 has the same "purchasing power" as $20.85 in 2019 (in the CPI category of Other goods).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Other goods in 2010. In addition to other goods, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.