All items less medical care priced at $20 in 2021 $22.61 in 2023

All Items Less Medical Care Inflation Calculator

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Prices for All Items Less Medical Care, 2021-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for all items less medical care are 13.03% higher in 2023 versus 2021 (a $2.61 difference in value).

Between 2021 and 2023: All items less medical care experienced an average inflation rate of 6.31% per year. This rate of change indicates significant inflation. In other words, all items less medical care costing $20 in the year 2021 would cost $22.61 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 5.97% during this same period, inflation for all items less medical care was higher.

In the year 2021: Pricing changed by 5.04%, which is below the average yearly change for all items less medical care during the 2021-2023 time period. Compared to inflation for all items in 2021 (4.70%), inflation for all items less medical care was higher.

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%).

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Buying power of $20.00 since 2021

Below are calculations of equivalent buying power for All items less medical care, over time, for $20 beginning in 2021. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2021$20.005.04%
2022$21.688.38%
2023$22.614.29%*

* 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:

Year1957195819591960196119621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
CPI28.74629.53129.76930.16230.44630.76931.13131.52332.00032.93833.76235.13136.99239.17740.78542.12344.80849.80054.27757.24660.81565.43872.88582.81591.37796.76299.569103.677107.169108.838112.585117.023122.423128.762133.815137.469141.215144.692148.562152.815156.338158.585161.969167.338171.892174.285178.077182.662188.715194.731200.080207.777206.555209.689216.325220.553223.616227.107226.909229.271234.073239.895244.012246.354258.763280.439292.470

Adjust all items less medical care prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2021 * 2021 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for All items less medical care was 258.763 in the year 2021 and 292.470 in 2023:

292.470 / 258.763 * $20 = $22.61

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2021 has the same "purchasing power" as $22.61 in 2023 (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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