All items less medical care priced at $20 in 2002 $28.13 in 2020

All Items Less Medical Care Inflation Calculator

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Prices for All Items Less Medical Care, 2002-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for all items less medical care were 40.65% higher in 2020 versus 2002 (a $8.13 difference in value).

Between 2002 and 2020: All items less medical care experienced an average inflation rate of 1.91% per year. In other words, all items less medical care costing $20 in the year 2002 would cost $28.13 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 2.04% during this same period, inflation for all items less medical care was lower.

In the year 2002: Pricing changed by 1.40%, which is below the average yearly change for all items less medical care during the 2002-2020 time period. Compared to inflation for all items in 2002 (1.59%), inflation for all items less medical care was lower.

Price Inflation for All items less medical care since 1984

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1990 (5.20%), 1989 (4.64%), and 1988 (3.91%).

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

Year 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
CPI 103.700 107.200 108.800 112.600 117.000 122.433 128.800 133.800 137.500 141.233 144.700 148.600 152.833 156.333 158.600 162.000 167.333 171.900 174.300 178.067 182.700 188.700 194.733 200.080 207.777 206.555 209.689 216.325 220.553 223.616 227.107 226.909 229.271 234.073 239.895 244.012 245.156

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Buying power of $20 since 2002

Below are calculations of equivalent buying power for All items less medical care, over time, for $20 beginning in 2002. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2002 $20.00 1.40%
2003 $20.43 2.16%
2004 $20.96 2.60%
2005 $21.65 3.28%
2006 $22.34 3.20%
2007 $22.96 2.75%
2008 $23.84 3.85%
2009 $23.70 -0.59%
2010 $24.06 1.52%
2011 $24.82 3.16%
2012 $25.31 1.95%
2013 $25.66 1.39%
2014 $26.06 1.56%
2015 $26.04 -0.09%
2016 $26.31 1.04%
2017 $26.86 2.09%
2018 $27.53 2.49%
2019 $28.00 1.72%
2020 $28.13 0.47%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for all items less medical care, 2002-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2002 * 2002 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for All items less medical care was 174.300 in the year 2002 and 245.156 in 2020:

245.156 / 174.300 * $20 = $28.13

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2002 has the same "purchasing power" as $28.13 in 2020 (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 1984. 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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