According to the U.S. Bureau of Labor Statistics, prices for all items (chained) are 22.96% higher in 2024 versus 2018 (a $4.59 difference in value).
Between 2018 and 2024: All items (chained) experienced an average inflation rate of 3.51% per year. This rate of change indicates significant inflation. In other words, all items (chained) costing $20 in the year 2018 would cost $24.59 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.77% during this same period, inflation for all items (chained) was lower.
In the year 2018: Pricing changed by 2.02%, which is below the average yearly change for all items (chained) during the 2018-2024 time period. Compared to inflation for all items in 2018 (2.44%), inflation for all items (chained) was lower.
Below are calculations of equivalent buying power for All items (chained), over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2018 | $20.00 | 2.02% |
| 2019 | $20.29 | 1.45% |
| 2020 | $20.51 | 1.07% |
| 2021 | $21.43 | 4.47% |
| 2022 | $23.07 | 7.68% |
| 2023 | $23.96 | 3.87% |
| 2024 | $24.59 | 2.62%* |
* 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 | 174.411 |