All items less food and shelter priced at $20 in 1977 $83.68 in 2022

All Items Less Food And Shelter Inflation Calculator

$

Prices for All Items Less Food And Shelter, 1977-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for all items less food and shelter are 318.38% higher in 2022 versus 1977 (a $63.68 difference in value).

Between 1977 and 2022: All items less food and shelter experienced an average inflation rate of 3.23% per year. This rate of change indicates significant inflation. In other words, all items less food and shelter costing $20 in the year 1977 would cost $83.68 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.53% during this same period, inflation for all items less food and shelter was lower.

In the year 1977: Pricing changed by 6.45%, which is significantly above the average yearly change for all items less food and shelter during the 1977-2022 time period. Compared to inflation for all items in 1977 (6.50%), inflation for all items less food and shelter was lower.

Price Inflation for All items less food and shelter since 1967

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (12.88%), 1981 (10.37%), and 1974 (9.99%).

View price changes for other categories
College tuition and fees · Public transportation · Admission to sporting events · Jewelry · More

Buying power of $20.00 since 1977

Below are calculations of equivalent buying power for All items less food and shelter, over time, for $20 beginning in 1977. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1977$20.006.45%
1978$21.165.79%
1979$23.259.88%
1980$26.2412.88%
1981$28.9610.37%
1982$30.786.27%
1983$32.104.29%
1984$33.444.17%
1985$34.513.22%
1986$34.590.21%
1987$35.643.06%
1988$36.973.71%
1989$38.694.66%
1990$40.745.29%
1991$42.574.49%
1992$44.013.39%
1993$45.393.14%
1994$46.502.43%
1995$47.702.59%
1996$48.982.69%
1997$49.901.88%
1998$50.140.47%
1999$51.061.84%
2000$52.973.75%
2001$54.162.25%
2002$54.320.29%
2003$55.522.22%
2004$56.902.48%
2005$59.264.14%
2006$61.243.36%
2007$62.522.08%
2008$65.154.22%
2009$63.99-1.79%
2010$65.993.13%
2011$68.704.10%
2012$69.991.89%
2013$70.680.99%
2014$71.190.71%
2015$69.70-2.08%
2016$69.840.20%
2017$71.041.71%
2018$72.562.15%
2019$73.170.84%
2020$73.10-0.10%
2021$77.626.19%
2022$83.687.80%*
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for All items less food and shelter:

Year19671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI35.81537.32339.05440.93142.88543.96945.50850.05454.66958.51562.29265.90072.40881.73190.20895.86299.977104.146107.500107.723111.015115.138120.500126.877132.577137.077141.385144.823148.569152.562155.431156.162159.031164.992168.700169.185172.938177.231184.562190.754194.722202.931199.303205.531213.961217.997220.151221.720217.103217.528221.248225.999227.903227.673241.760260.621

Adjust all items less food and shelter prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1977 * 1977 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for All items less food and shelter was 62.292 in the year 1977 and 260.621 in 2022:

260.621 / 62.292 * $20 = $83.68

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1977 has the same "purchasing power" as $83.68 in 2022 (in the CPI category of All items less food and shelter).


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

» Read more about inflation and investment.