All items less food, shelter, and energy priced at $20 in 1974 $88.70 in 2020

All Items Less Food, Shelter, And Energy Inflation Calculator

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Prices for All Items Less Food, Shelter, And Energy, 1974-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for all items less food, shelter, and energy were 343.48% higher in 2020 versus 1974 (a $68.70 difference in value).

Between 1974 and 2020: All items less food, shelter, and energy experienced an average inflation rate of 3.29% per year. This rate of change indicates significant inflation. In other words, all items less food, shelter, and energy costing $20 in the year 1974 would cost $88.70 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 3.67% during this same period, inflation for all items less food, shelter, and energy was lower.

In the year 1974: Pricing changed by 7.61%, which is significantly above the average yearly change for all items less food, shelter, and energy during the 1974-2020 time period. Compared to inflation for all items in 1974 (11.05%), inflation for all items less food, shelter, and energy was much lower.

Price Inflation for All items less food, shelter, and energy since 1967

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1981 (9.50%), 1975 (8.92%), and 1980 (8.78%).

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
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

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Buying power of $20 since 1974

Below are calculations of equivalent buying power for All items less food, shelter, and energy, over time, for $20 beginning in 1974. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1974 $20.00 7.61%
1975 $21.78 8.92%
1976 $23.32 7.04%
1977 $24.72 6.00%
1978 $26.11 5.65%
1979 $27.92 6.92%
1980 $30.37 8.78%
1981 $33.26 9.50%
1982 $35.80 7.64%
1983 $37.67 5.21%
1984 $39.54 4.97%
1985 $41.06 3.84%
1986 $42.45 3.39%
1987 $44.06 3.80%
1988 $45.91 4.18%
1989 $47.96 4.48%
1990 $50.29 4.85%
1991 $52.87 5.15%
1992 $54.91 3.85%
1993 $56.80 3.45%
1994 $58.35 2.73%
1995 $60.01 2.85%
1996 $61.47 2.43%
1997 $62.68 1.98%
1998 $63.73 1.66%
1999 $64.76 1.62%
2000 $65.99 1.90%
2001 $67.31 2.00%
2002 $68.23 1.36%
2003 $68.78 0.81%
2004 $69.55 1.11%
2005 $70.86 1.88%
2006 $72.17 1.85%
2007 $73.16 1.37%
2008 $74.72 2.14%
2009 $76.33 2.15%
2010 $77.81 1.94%
2011 $79.30 1.91%
2012 $80.94 2.07%
2013 $82.05 1.37%
2014 $82.85 0.98%
2015 $83.63 0.94%
2016 $84.77 1.36%
2017 $85.43 0.77%
2018 $86.52 1.28%
2019 $87.68 1.35%
2020 $88.70 1.15%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for all items less food, shelter, and energy, 1974-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 1974 * 1974 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for All items less food, shelter, and energy was 53.092 in the year 1974 and 235.456 in 2020:

235.456 / 53.092 * $20 = $88.70

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1974 has the same "purchasing power" as $88.70 in 2020 (in the CPI category of All items less food, shelter, and energy).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for All items less food, shelter, and energy in 1967. In addition to all items less food, shelter, and energy, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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