All items less medical care priced at $20 in 1971 $136 in 2022

All Items Less Medical Care Inflation Calculator

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Prices for All Items Less Medical Care, 1971-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for all items less medical care are 579.98% higher in 2022 versus 1971 (a $116 difference in value).

Between 1971 and 2022: All items less medical care experienced an average inflation rate of 3.83% per year. This rate of change indicates significant inflation. In other words, all items less medical care costing $20 in the year 1971 would cost $136 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.93% during this same period, inflation for all items less medical care was lower.

In the year 1971: Pricing changed by 4.11%, which is above the average yearly change for all items less medical care during the 1971-2022 time period. Compared to inflation for all items in 1971 (4.30%), 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 (13.64%), 1979 (11.37%), and 1974 (11.16%).

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Buying power of $20.00 since 1971

Below are calculations of equivalent buying power for All items less medical care, over time, for $20 beginning in 1971. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1971$20.004.11%
1972$20.673.33%
1973$21.986.35%
1974$24.4311.16%
1975$26.628.94%
1976$28.075.45%
1977$29.846.29%
1978$32.107.58%
1979$35.7511.37%
1980$40.6213.64%
1981$44.8310.36%
1982$47.465.87%
1983$48.842.91%
1984$50.854.10%
1985$52.693.63%
1986$53.371.28%
1987$55.263.55%
1988$57.443.94%
1989$60.094.62%
1990$63.205.17%
1991$65.673.92%
1992$67.472.73%
1993$69.332.75%
1994$71.012.44%
1995$72.902.66%
1996$75.012.90%
1997$76.742.31%
1998$77.851.44%
1999$79.502.12%
2000$82.133.32%
2001$84.362.71%
2002$85.541.40%
2003$87.402.17%
2004$89.652.58%
2005$92.633.32%
2006$95.563.17%
2007$98.202.76%
2008$101.953.82%
2009$101.39-0.55%
2010$102.931.51%
2011$106.163.15%
2012$108.241.96%
2013$109.751.39%
2014$111.451.55%
2015$111.36-0.08%
2016$112.521.05%
2017$114.882.10%
2018$117.742.48%
2019$119.751.71%
2020$120.920.98%
2021$127.005.02%
2022$136.007.09%*
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for All items less medical care:

Year195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI28.75029.53329.75030.14230.45030.76731.13331.50032.00832.94233.73335.10036.97539.14240.75042.10844.78349.78354.23357.19260.79265.40072.83382.76791.34296.70099.517103.600107.358108.733112.592117.025122.433128.767133.808137.467141.250144.692148.533152.842156.367158.617161.975167.350171.883174.292178.075182.667188.725194.700200.081207.727206.583209.711216.309220.545223.610227.085226.893229.269234.075239.886244.000246.381258.759277.092

Adjust all items less medical care prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1971 * 1971 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for All items less medical care was 40.750 in the year 1971 and 277.092 in 2022:

277.092 / 40.750 * $20 = $136

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1971 has the same "purchasing power" as $136 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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