All items less energy price inflation, 2008→2022

All Items Less Energy Inflation Calculator

Prices for All Items Less Energy, 2008-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for all items less energy are 35.59% higher in 2022 versus 2008 (a $7.12 difference in value).

Between 2008 and 2022: All items less energy experienced an average inflation rate of 2.20% per year. This rate of change indicates significant inflation. In other words, all items less energy costing $20 in the year 2008 would cost $27.12 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.14% during this same period, inflation for all items less energy was higher.

In the year 2008: Pricing changed by 2.79%, which is above the average yearly change for all items less energy during the 2008-2022 time period. Compared to inflation for all items in 2008 (3.84%), 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 (11.67%), 1979 (9.98%), and 1981 (9.94%).

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Buying power of $20.00 since 2008

Below are calculations of equivalent buying power for All items less energy, over time, for $20 beginning in 2008. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
2008	$20.00	2.79%
2009	$20.34	1.72%
2010	$20.53	0.93%
2011	$20.94	1.97%
2012	$21.39	2.19%
2013	$21.76	1.71%
2014	$22.16	1.85%
2015	$22.57	1.84%
2016	$23.00	1.92%
2017	$23.39	1.69%
2018	$23.87	2.04%
2019	$24.38	2.15%
2020	$24.86	1.96%
2021	$25.76	3.63%
2022	$27.12	5.28%*

* 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:

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	28.867	29.675	29.958	30.408	30.717	31.133	31.525	31.975	32.475	33.483	34.433	35.942	37.958	40.275	41.992	43.400	46.042	50.567	55.133	58.250	61.875	66.708	73.367	81.925	90.067	96.150	99.600	104.392	108.475	112.683	117.258	122.317	128.100	134.733	140.875	145.425	149.942	154.100	158.667	163.117	167.067	170.867	174.433	178.633	183.550	187.625	190.575	194.442	198.725	203.675	208.922	214.746	218.434	220.457	224.805	229.717	233.636	237.956	242.323	246.965	251.144	256.258	261.757	266.898	276.575	291.168

Adjust all items less energy prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2008 * 2008 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for All items less energy was 214.746 in the year 2008 and 291.168 in 2022:

291.168 / 214.746 * $20 = $27.12

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2008 has the same "purchasing power" as $27.12 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.