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.
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%* |
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 |