According to the U.S. Bureau of Labor Statistics, prices for all items less food, shelter, and energy are 19.69% higher in 2022 versus 2012 (a $3.94 difference in value).
Between 2012 and 2022: All items less food, shelter, and energy experienced an average inflation rate of 1.81% per year. In other words, all items less food, shelter, and energy costing $20 in the year 2012 would cost $23.94 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.25% during this same period, inflation for all items less food, shelter, and energy was lower.
In the year 2012: Pricing changed by 2.08%, which is above the average yearly change for all items less food, shelter, and energy during the 2012-2022 time period. Compared to inflation for all items in 2012 (2.07%), inflation for all items less food, shelter, and energy was higher.
Below are calculations of equivalent buying power for All items less food, shelter, and energy, over time, for $20 beginning in 2012. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for All items less food, shelter, and energy: