All items less food, shelter, and energy priced at $20 in 1998 $31.96 in 2024

All Items Less Food, Shelter, And Energy Inflation Calculator

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Prices for All Items Less Food, Shelter, And Energy, 1998-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for all items less food, shelter, and energy are 59.80% higher in 2024 versus 1998 (a $11.96 difference in value).

Between 1998 and 2024: All items less food, shelter, and energy experienced an average inflation rate of 1.82% per year. In other words, all items less food, shelter, and energy costing $20 in the year 1998 would cost $31.96 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.48% during this same period, inflation for all items less food, shelter, and energy was lower.

In the year 1998: Pricing changed by 1.66%, which is below the average yearly change for all items less food, shelter, and energy during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for all items less food, shelter, and energy was higher.

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%).

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Buying power of $20.00 since 1998

Below are calculations of equivalent buying power for All items less food, shelter, and energy, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1998$20.001.66%
1999$20.321.62%
2000$20.711.90%
2001$21.122.00%
2002$21.411.36%
2003$21.590.81%
2004$21.831.11%
2005$22.241.88%
2006$22.651.85%
2007$22.961.37%
2008$23.452.14%
2009$23.962.15%
2010$24.421.94%
2011$24.891.91%
2012$25.402.07%
2013$25.751.37%
2014$26.000.98%
2015$26.250.94%
2016$26.601.36%
2017$26.810.77%
2018$27.151.28%
2019$27.521.35%
2020$27.841.15%
2021$29.014.22%
2022$30.856.34%
2023$31.732.85%
2024$31.960.72%*

* 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:

Year1967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI38.69240.49242.43144.60046.78547.91549.33853.09257.83161.90065.61569.32374.12380.63188.29295.03899.992104.962108.992112.692116.969121.862127.323133.492140.362145.762150.785154.900159.308163.177166.400169.169171.915175.185178.685181.123182.592184.623188.100191.585194.205198.353202.626206.565210.502214.869217.804219.936222.007225.035226.771229.676232.769235.456245.397260.963268.390270.329

Adjust all items less food, shelter, and energy prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1998 * 1998 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for All items less food, shelter, and energy was 169.169 in the year 1998 and 270.329 in 2024:

270.329 / 169.169 * $20 = $31.96

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1998 has the same "purchasing power" as $31.96 in 2024 (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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