All items less food priced at $20 in 1935 $411.40 in 2024

All Items Less Food Inflation Calculator

$

Prices for All Items Less Food, 1935-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for all items less food are 1,956.99% higher in 2024 versus 1935 (a $391.40 difference in value).

Between 1935 and 2024: All items less food experienced an average inflation rate of 3.46% per year. This rate of change indicates significant inflation. In other words, all items less food costing $20 in the year 1935 would cost $411.40 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.57% during this same period, inflation for all items less food was lower.

Price Inflation for All items less food since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (14.55%), 1979 (11.38%), and 1981 (10.89%).

View price changes for other categories
Televisions · Fresh fruits · Jewelry · Food · More

Buying power of $20.00 since 1935

Below are calculations of equivalent buying power for All items less food, over time, for $20 beginning in 1935. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1935$20.00-
1936$20.241.22%
1937$21.013.80%
1938$21.150.63%
1939$21.04-0.50%
1940$21.120.40%
1941$21.702.74%
1942$23.247.09%
1943$23.842.56%
1944$24.783.96%
1945$25.372.40%
1946$26.434.16%
1947$28.909.35%
1948$30.997.24%
1949$31.341.13%
1950$31.711.18%
1951$33.726.34%
1952$34.552.46%
1953$35.201.87%
1954$35.410.58%
1955$35.520.32%
1956$36.131.73%
1957$37.333.32%
1958$38.152.20%
1959$38.881.91%
1960$39.551.71%
1961$39.981.09%
1962$40.451.18%
1963$40.951.24%
1964$41.511.35%
1965$42.071.36%
1966$43.092.41%
1967$44.523.33%
1968$46.504.45%
1969$49.055.47%
1970$52.026.06%
1971$54.394.55%
1972$56.033.02%
1973$58.193.86%
1974$63.979.92%
1975$69.989.40%
1976$74.616.61%
1977$79.486.53%
1978$85.187.18%
1979$94.8711.38%
1980$108.6814.55%
1981$120.5110.89%
1982$128.436.57%
1983$132.893.47%
1984$138.674.35%
1985$144.023.86%
1986$146.351.62%
1987$151.523.53%
1988$157.684.07%
1989$164.944.61%
1990$173.715.32%
1991$181.524.49%
1992$187.673.39%
1993$193.513.11%
1994$198.612.63%
1995$204.132.78%
1996$209.992.87%
1997$214.802.29%
1998$217.901.44%
1999$222.702.20%
2000$230.653.57%
2001$237.052.77%
2002$240.691.54%
2003$246.212.29%
2004$252.482.55%
2005$261.383.53%
2006$270.253.39%
2007$277.462.67%
2008$287.373.57%
2009$285.34-0.71%
2010$290.441.79%
2011$299.343.06%
2012$305.281.99%
2013$309.791.48%
2014$314.421.50%
2015$313.91-0.16%
2016$318.361.42%
2017$325.792.33%
2018$334.282.60%
2019$340.301.80%
2020$343.300.88%
2021$359.854.82%
2022$387.567.70%
2023$402.513.86%
2024$411.402.21%*

* 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:

Year193519361937193819391940194119421943194419451946194719481949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI15.00015.18315.76015.86015.78015.84316.27717.43117.87718.58519.03119.82321.67723.24623.50823.78525.29225.91526.40026.55426.63827.10028.00028.61529.16229.66229.98530.33830.71531.13131.55432.31533.39234.87736.78539.01540.79242.02343.64647.97752.48555.95459.60863.88571.15481.50890.38596.32399.669104.000108.015109.762113.638118.262123.708130.285136.138140.754145.131148.954153.100157.492161.100163.423167.023172.985177.785180.515184.654189.362196.038202.685208.098215.528214.008217.828224.503228.962232.343235.818235.433238.773244.345250.710255.228257.477269.891290.672301.881308.548

Adjust all items less food prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1935 * 1935 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for All items less food was 15.000 in the year 1935 and 308.548 in 2024:

308.548 / 15.000 * $20 = $411.40

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1935 has the same "purchasing power" as $411.40 in 2024 (in the CPI category of All items less food).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for All items less food in 1935. In addition to all items less food, 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.