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.
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:
Year | USD Value | Inflation Rate |
---|---|---|
1971 | $20.00 | 4.11% |
1972 | $20.67 | 3.33% |
1973 | $21.98 | 6.35% |
1974 | $24.43 | 11.16% |
1975 | $26.62 | 8.94% |
1976 | $28.07 | 5.45% |
1977 | $29.84 | 6.29% |
1978 | $32.10 | 7.58% |
1979 | $35.75 | 11.37% |
1980 | $40.62 | 13.64% |
1981 | $44.83 | 10.36% |
1982 | $47.46 | 5.87% |
1983 | $48.84 | 2.91% |
1984 | $50.85 | 4.10% |
1985 | $52.69 | 3.63% |
1986 | $53.37 | 1.28% |
1987 | $55.26 | 3.55% |
1988 | $57.44 | 3.94% |
1989 | $60.09 | 4.62% |
1990 | $63.20 | 5.17% |
1991 | $65.67 | 3.92% |
1992 | $67.47 | 2.73% |
1993 | $69.33 | 2.75% |
1994 | $71.01 | 2.44% |
1995 | $72.90 | 2.66% |
1996 | $75.01 | 2.90% |
1997 | $76.74 | 2.31% |
1998 | $77.85 | 1.44% |
1999 | $79.50 | 2.12% |
2000 | $82.13 | 3.32% |
2001 | $84.36 | 2.71% |
2002 | $85.54 | 1.40% |
2003 | $87.40 | 2.17% |
2004 | $89.65 | 2.58% |
2005 | $92.63 | 3.32% |
2006 | $95.56 | 3.17% |
2007 | $98.20 | 2.76% |
2008 | $101.95 | 3.82% |
2009 | $101.39 | -0.55% |
2010 | $102.93 | 1.51% |
2011 | $106.16 | 3.15% |
2012 | $108.24 | 1.96% |
2013 | $109.75 | 1.39% |
2014 | $111.45 | 1.55% |
2015 | $111.36 | -0.08% |
2016 | $112.52 | 1.05% |
2017 | $114.88 | 2.10% |
2018 | $117.74 | 2.48% |
2019 | $119.75 | 1.71% |
2020 | $120.92 | 0.98% |
2021 | $127.00 | 5.02% |
2022 | $136.00 | 7.09%* |
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for All items less medical care:
Year | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
CPI | 28.750 | 29.533 | 29.750 | 30.142 | 30.450 | 30.767 | 31.133 | 31.500 | 32.008 | 32.942 | 33.733 | 35.100 | 36.975 | 39.142 | 40.750 | 42.108 | 44.783 | 49.783 | 54.233 | 57.192 | 60.792 | 65.400 | 72.833 | 82.767 | 91.342 | 96.700 | 99.517 | 103.600 | 107.358 | 108.733 | 112.592 | 117.025 | 122.433 | 128.767 | 133.808 | 137.467 | 141.250 | 144.692 | 148.533 | 152.842 | 156.367 | 158.617 | 161.975 | 167.350 | 171.883 | 174.292 | 178.075 | 182.667 | 188.725 | 194.700 | 200.081 | 207.727 | 206.583 | 209.711 | 216.309 | 220.545 | 223.610 | 227.085 | 226.893 | 229.269 | 234.075 | 239.886 | 244.000 | 246.381 | 258.759 | 277.092 |