All items less medical care priced at $20 in 1967 $166.13 in 2022

All Items Less Medical Care Inflation Calculator

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Prices for All Items Less Medical Care, 1967-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for all items less medical care are 730.65% higher in 2022 versus 1967 (a $146.13 difference in value).

Between 1967 and 2022: All items less medical care experienced an average inflation rate of 3.92% per year. This rate of change indicates significant inflation. In other words, all items less medical care costing $20 in the year 1967 would cost $166.13 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 4.03% during this same period, inflation for all items less medical care was lower.

In the year 1967: Pricing changed by 2.50%, which is below the average yearly change for all items less medical care during the 1967-2022 time period. Compared to inflation for all items in 1967 (2.80%), inflation for all items less medical care was lower.

Price Inflation for All items less medical care since 1957

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (13.63%), 1979 (11.38%), and 1974 (11.14%).

View price changes for other categories
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Buying power of $20.00 since 1967

Below are calculations of equivalent buying power for All items less medical care, over time, for $20 beginning in 1967. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1967$20.002.50%
1968$20.814.06%
1969$21.915.30%
1970$23.215.91%
1971$24.164.10%
1972$24.953.28%
1973$26.546.37%
1974$29.5011.14%
1975$32.158.99%
1976$33.915.47%
1977$36.036.23%
1978$38.777.60%
1979$43.1811.38%
1980$49.0613.63%
1981$54.1310.34%
1982$57.325.89%
1983$58.982.90%
1984$61.424.13%
1985$63.493.37%
1986$64.471.56%
1987$66.693.44%
1988$69.323.94%
1989$72.524.61%
1990$76.285.18%
1991$79.273.92%
1992$81.442.73%
1993$83.652.73%
1994$85.712.46%
1995$88.012.67%
1996$90.532.86%
1997$92.612.31%
1998$93.941.44%
1999$95.952.13%
2000$99.133.31%
2001$101.832.72%
2002$103.241.39%
2003$105.492.18%
2004$108.212.57%
2005$111.793.31%
2006$115.363.19%
2007$118.532.75%
2008$123.093.85%
2009$122.36-0.59%
2010$124.221.52%
2011$128.153.16%
2012$130.651.95%
2013$132.471.39%
2014$134.541.56%
2015$134.42-0.09%
2016$135.821.04%
2017$138.662.09%
2018$142.112.49%
2019$144.551.72%
2020$145.940.96%
2021$153.295.04%
2022$166.138.38%*

* 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 less medical care:

Year195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI28.74629.53129.76930.16230.44630.76931.13131.52332.00032.93833.76235.13136.99239.17740.78542.12344.80849.80054.27757.24660.81565.43872.88582.81591.37796.76299.569103.677107.169108.838112.585117.023122.423128.762133.815137.469141.215144.692148.562152.815156.338158.585161.969167.338171.892174.285178.077182.662188.715194.731200.080207.777206.555209.689216.325220.553223.616227.107226.909229.271234.073239.895244.012246.354258.763280.439

Adjust all items less medical care prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1967 * 1967 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for All items less medical care was 33.762 in the year 1967 and 280.439 in 2022:

280.439 / 33.762 * $20 = $166.13

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1967 has the same "purchasing power" as $166.13 in 2022 (in the CPI category of All items less medical care).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for All items less medical care in 1957. In addition to all items less medical care, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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