All items less medical care price history from 2002 through 2020

All Items Less Medical Care Inflation Calculator

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.