According to the U.S. Bureau of Labor Statistics, prices for all items (chained) are 61.76% higher in 2024 versus 2003 (a $12.35 difference in value).
Between 2003 and 2024: All items (chained) experienced an average inflation rate of 2.32% per year. This rate of change indicates significant inflation. In other words, all items (chained) costing $20 in the year 2003 would cost $32.35 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.57% during this same period, inflation for all items (chained) was lower.
In the year 2003: Pricing changed by 2.04%, which is below the average yearly change for all items (chained) during the 2003-2024 time period. Compared to inflation for all items in 2003 (2.27%), inflation for all items (chained) was lower.
Below are calculations of equivalent buying power for All items (chained), over time, for $20 beginning in 2003. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2003 | $20.00 | 2.04% |
| 2004 | $20.50 | 2.51% |
| 2005 | $21.10 | 2.92% |
| 2006 | $21.71 | 2.90% |
| 2007 | $22.26 | 2.53% |
| 2008 | $23.09 | 3.73% |
| 2009 | $22.99 | -0.47% |
| 2010 | $23.31 | 1.42% |
| 2011 | $24.03 | 3.06% |
| 2012 | $24.49 | 1.95% |
| 2013 | $24.79 | 1.22% |
| 2014 | $25.15 | 1.45% |
| 2015 | $25.12 | -0.12% |
| 2016 | $25.36 | 0.93% |
| 2017 | $25.80 | 1.76% |
| 2018 | $26.33 | 2.02% |
| 2019 | $26.71 | 1.45% |
| 2020 | $26.99 | 1.07% |
| 2021 | $28.20 | 4.47% |
| 2022 | $30.37 | 7.68% |
| 2023 | $31.54 | 3.87% |
| 2024 | $32.35 | 2.57%* |
* 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 All items (chained):
| Year | 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 | 100.000 | 101.992 | 104.292 | 105.608 | 107.762 | 110.462 | 113.692 | 116.992 | 119.957 | 124.433 | 123.850 | 125.615 | 129.453 | 131.976 | 133.592 | 135.524 | 135.362 | 136.625 | 139.036 | 141.842 | 143.904 | 145.449 | 151.950 | 163.616 | 169.954 | 174.320 |