According to the U.S. Bureau of Labor Statistics, prices for all items less food, shelter, and energy are 453.63% higher in 2024 versus 1973 (a $90.73 difference in value).
Between 1973 and 2024: All items less food, shelter, and energy experienced an average inflation rate of 3.41% per year. This rate of change indicates significant inflation. In other words, all items less food, shelter, and energy costing $20 in the year 1973 would cost $110.73 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.90% during this same period, inflation for all items less food, shelter, and energy was lower.
In the year 1973: Pricing changed by 2.97%, which is below the average yearly change for all items less food, shelter, and energy during the 1973-2024 time period. Compared to inflation for all items in 1973 (6.18%), inflation for all items less food, shelter, and energy was much lower.
Below are calculations of equivalent buying power for All items less food, shelter, and energy, over time, for $20 beginning in 1973. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1973 | $20.00 | 2.97% |
1974 | $21.52 | 7.61% |
1975 | $23.44 | 8.92% |
1976 | $25.09 | 7.04% |
1977 | $26.60 | 6.00% |
1978 | $28.10 | 5.65% |
1979 | $30.05 | 6.92% |
1980 | $32.68 | 8.78% |
1981 | $35.79 | 9.50% |
1982 | $38.53 | 7.64% |
1983 | $40.53 | 5.21% |
1984 | $42.55 | 4.97% |
1985 | $44.18 | 3.84% |
1986 | $45.68 | 3.39% |
1987 | $47.42 | 3.80% |
1988 | $49.40 | 4.18% |
1989 | $51.61 | 4.48% |
1990 | $54.11 | 4.85% |
1991 | $56.90 | 5.15% |
1992 | $59.09 | 3.85% |
1993 | $61.12 | 3.45% |
1994 | $62.79 | 2.73% |
1995 | $64.58 | 2.85% |
1996 | $66.15 | 2.43% |
1997 | $67.45 | 1.98% |
1998 | $68.57 | 1.66% |
1999 | $69.69 | 1.62% |
2000 | $71.01 | 1.90% |
2001 | $72.43 | 2.00% |
2002 | $73.42 | 1.36% |
2003 | $74.02 | 0.81% |
2004 | $74.84 | 1.11% |
2005 | $76.25 | 1.88% |
2006 | $77.66 | 1.85% |
2007 | $78.72 | 1.37% |
2008 | $80.40 | 2.14% |
2009 | $82.14 | 2.15% |
2010 | $83.73 | 1.94% |
2011 | $85.33 | 1.91% |
2012 | $87.10 | 2.07% |
2013 | $88.29 | 1.37% |
2014 | $89.15 | 0.98% |
2015 | $89.99 | 0.94% |
2016 | $91.22 | 1.36% |
2017 | $91.92 | 0.77% |
2018 | $93.10 | 1.28% |
2019 | $94.36 | 1.35% |
2020 | $95.45 | 1.15% |
2021 | $99.48 | 4.22% |
2022 | $105.78 | 6.34% |
2023 | $108.80 | 2.85% |
2024 | $110.73 | 1.77%* |
* 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 food, shelter, and energy:
Year | 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 | 2023 | 2024 |
CPI | 38.692 | 40.492 | 42.431 | 44.600 | 46.785 | 47.915 | 49.338 | 53.092 | 57.831 | 61.900 | 65.615 | 69.323 | 74.123 | 80.631 | 88.292 | 95.038 | 99.992 | 104.962 | 108.992 | 112.692 | 116.969 | 121.862 | 127.323 | 133.492 | 140.362 | 145.762 | 150.785 | 154.900 | 159.308 | 163.177 | 166.400 | 169.169 | 171.915 | 175.185 | 178.685 | 181.123 | 182.592 | 184.623 | 188.100 | 191.585 | 194.205 | 198.353 | 202.626 | 206.565 | 210.502 | 214.869 | 217.804 | 219.936 | 222.007 | 225.035 | 226.771 | 229.676 | 232.769 | 235.456 | 245.397 | 260.963 | 268.390 | 273.153 |