All items less food, shelter, energy, and used cars and trucks priced at $20 in 2003 $28.37 in 2022

All Items Less Food, Shelter, Energy, And Used Cars And Trucks Inflation Calculator

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Prices for All Items Less Food, Shelter, Energy, And Used Cars And Trucks, 2003-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for all items less food, shelter, energy, and used cars and trucks are 41.86% higher in 2022 versus 2003 (a $8.37 difference in value).

Between 2003 and 2022: All items less food, shelter, energy, and used cars and trucks experienced an average inflation rate of 1.86% per year. In other words, all items less food, shelter, energy, and used cars and trucks costing $20 in the year 2003 would cost $28.37 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.47% during this same period, inflation for all items less food, shelter, energy, and used cars and trucks was lower.

In the year 2003: Pricing changed by 1.12%, which is below the average yearly change for all items less food, shelter, energy, and used cars and trucks during the 2003-2022 time period. Compared to inflation for all items in 2003 (2.27%), inflation for all items less food, shelter, energy, and used cars and trucks was lower.

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

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (9.18%), 1981 (8.48%), and 1975 (8.46%).

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Buying power of $20.00 since 2003

Below are calculations of equivalent buying power for All items less food, shelter, energy, and used cars and trucks, over time, for $20 beginning in 2003. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2003$20.001.12%
2004$20.291.45%
2005$20.651.76%
2006$21.041.92%
2007$21.371.55%
2008$21.862.28%
2009$22.392.45%
2010$22.731.52%
2011$23.141.80%
2012$23.642.13%
2013$23.981.44%
2014$24.231.04%
2015$24.481.03%
2016$24.851.51%
2017$25.090.98%
2018$25.421.33%
2019$25.771.37%
2020$26.041.02%
2021$26.782.87%
2022$28.375.93%*

* 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, energy, and used cars and trucks:

Year19671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI39.56941.40843.50045.80048.04649.23150.63154.56259.17763.12366.83870.62375.47782.40889.39295.631100.131104.223108.538113.085117.623122.577128.138134.585141.685147.092152.000156.015160.169164.138167.654170.500173.300176.562180.100183.031185.085187.769191.069194.731197.752202.263207.226210.374214.162218.730221.881224.198226.504229.933232.190235.284238.497240.940247.853262.555

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

Start with the inflation rate formula:

CPI in 2022 / CPI in 2003 * 2003 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for All items less food, shelter, energy, and used cars and trucks was 185.085 in the year 2003 and 262.555 in 2022:

262.555 / 185.085 * $20 = $28.37

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2003 has the same "purchasing power" as $28.37 in 2022 (in the CPI category of All items less food, shelter, energy, and used cars and trucks).


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

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