All items less energy priced at $20 in 1971 $138.32 in 2022

All Items Less Energy Inflation Calculator

$

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

According to the U.S. Bureau of Labor Statistics, prices for all items less energy are 591.62% higher in 2022 versus 1971 (a $118.32 difference in value).

Between 1971 and 2022: All items less energy experienced an average inflation rate of 3.86% per year. This rate of change indicates significant inflation. In other words, all items less energy costing $20 in the year 1971 would cost $138.32 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.92% during this same period, inflation for all items less energy was lower.

In the year 1971: Pricing changed by 4.28%, which is above the average yearly change for all items less energy during the 1971-2022 time period. Compared to inflation for all items in 1971 (4.30%), inflation for all items less energy was lower.

Price Inflation for All items less energy since 1957

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (11.66%), 1979 (9.97%), and 1981 (9.96%).

View price changes for other categories
Tampa, Florida · Fish and seafood · Denver, Colorado · Admission to sporting events · More

Buying power of $20.00 since 1971

Below are calculations of equivalent buying power for All items less energy, 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$20.004.28%
1972$20.683.39%
1973$21.936.04%
1974$24.099.86%
1975$26.269.02%
1976$27.745.64%
1977$29.486.26%
1978$31.777.77%
1979$34.939.97%
1980$39.0111.66%
1981$42.899.96%
1982$45.786.74%
1983$47.423.58%
1984$49.654.70%
1985$51.603.93%
1986$53.603.88%
1987$55.814.11%
1988$58.244.35%
1989$61.004.75%
1990$64.155.16%
1991$67.094.57%
1992$69.253.23%
1993$71.413.11%
1994$73.382.76%
1995$75.562.97%
1996$77.682.80%
1997$79.562.42%
1998$81.372.28%
1999$83.062.08%
2000$85.062.41%
2001$87.402.74%
2002$89.362.25%
2003$90.751.55%
2004$92.592.03%
2005$94.642.21%
2006$96.992.48%
2007$99.492.58%
2008$102.262.79%
2009$104.021.71%
2010$104.980.93%
2011$107.051.97%
2012$109.392.18%
2013$111.251.70%
2014$113.311.85%
2015$115.391.83%
2016$117.601.92%
2017$119.601.70%
2018$122.032.03%
2019$124.652.15%
2020$127.091.96%
2021$131.703.63%
2022$138.325.03%*
* Not final. See inflation summary for latest details.

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

Year195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI28.86929.69229.96230.39230.72331.12331.52331.96932.47733.47734.41535.93137.96940.27742.00043.42346.04650.58555.14658.25461.90066.70873.36281.91590.07796.14699.585104.269108.369112.569117.200122.300128.108134.723140.885145.431149.954154.100158.677163.123167.069170.877174.431178.631183.531187.654190.569194.438198.738203.677208.925214.751218.433220.458224.806229.717233.633237.952242.313246.963251.157256.261261.762266.894276.576290.479

Adjust all items less energy 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 energy was 42.000 in the year 1971 and 290.479 in 2022:

290.479 / 42.000 * $20 = $138.32

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1971 has the same "purchasing power" as $138.32 in 2022 (in the CPI category of All items less energy).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for All items less energy in 1957. In addition to all items less energy, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.