All items less food and shelter priced at $20 in 1977 $85.28 in 2023

All Items Less Food And Shelter Inflation Calculator

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Prices for All Items Less Food And Shelter, 1977-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for all items less food and shelter are 326.38% higher in 2023 versus 1977 (a $65.28 difference in value).

Between 1977 and 2023: All items less food and shelter experienced an average inflation rate of 3.20% 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 $85.28 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 3.55% 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 1977-2023 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%).

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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$84.478.83%
2023$85.280.95%*

* 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 and shelter:

Year196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
CPI35.81537.32339.05440.93142.88543.96945.50850.05454.66958.51562.29265.90072.40881.73190.20895.86299.977104.146107.500107.723111.015115.138120.500126.877132.577137.077141.385144.823148.569152.562155.431156.162159.031164.992168.700169.185172.938177.231184.562190.754194.722202.931199.303205.531213.961217.997220.151221.720217.103217.528221.248225.999227.903227.673241.760263.098265.602

Adjust all items less food and shelter prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 1977 * 1977 USD value = 2023 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 265.602 in 2023:

265.602 / 62.292 * $20 = $85.28

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1977 has the same "purchasing power" as $85.28 in 2023 (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.

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