All items less food priced at $20 in 1939 $365 in 2022

All Items Less Food Inflation Calculator

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Prices for All Items Less Food, 1939-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for all items less food are 1,725.01% higher in 2022 versus 1939 (a $345 difference in value).

Between 1939 and 2022: All items less food experienced an average inflation rate of 3.56% per year. This rate of change indicates significant inflation. In other words, all items less food costing $20 in the year 1939 would cost $365 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.73% during this same period, inflation for all items less food was lower.

In the year 1939: Pricing changed by -0.50%, which is significantly below the average yearly change for all items less food during the 1939-2022 time period. Compared to inflation for all items in 1939 (-1.31%), inflation for all items less food was higher.

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%).

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Buying power of $20.00 since 1939

Below are calculations of equivalent buying power for All items less food, over time, for $20 beginning in 1939. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1939$20.00-0.50%
1940$20.080.40%
1941$20.632.74%
1942$22.097.09%
1943$22.662.56%
1944$23.553.96%
1945$24.122.40%
1946$25.124.16%
1947$27.479.35%
1948$29.467.24%
1949$29.791.13%
1950$30.151.18%
1951$32.066.34%
1952$32.852.46%
1953$33.461.87%
1954$33.660.58%
1955$33.760.32%
1956$34.351.73%
1957$35.493.32%
1958$36.272.20%
1959$36.961.91%
1960$37.591.71%
1961$38.001.09%
1962$38.451.18%
1963$38.931.24%
1964$39.461.35%
1965$39.991.36%
1966$40.962.41%
1967$42.323.33%
1968$44.204.45%
1969$46.625.47%
1970$49.456.06%
1971$51.704.55%
1972$53.263.02%
1973$55.323.86%
1974$60.819.92%
1975$66.529.40%
1976$70.926.61%
1977$75.556.53%
1978$80.977.18%
1979$90.1811.38%
1980$103.3114.55%
1981$114.5610.89%
1982$122.086.57%
1983$126.323.47%
1984$131.814.35%
1985$136.903.86%
1986$139.111.62%
1987$144.033.53%
1988$149.894.07%
1989$156.794.61%
1990$165.135.32%
1991$172.554.49%
1992$178.403.39%
1993$183.943.11%
1994$188.792.63%
1995$194.042.78%
1996$199.612.87%
1997$204.182.29%
1998$207.131.44%
1999$211.692.20%
2000$219.253.57%
2001$225.332.77%
2002$228.791.54%
2003$234.042.29%
2004$240.002.55%
2005$248.463.53%
2006$256.893.39%
2007$263.752.67%
2008$273.173.57%
2009$271.24-0.71%
2010$276.081.79%
2011$284.543.06%
2012$290.191.99%
2013$294.481.48%
2014$298.881.50%
2015$298.39-0.16%
2016$302.631.42%
2017$309.692.33%
2018$317.762.60%
2019$323.481.80%
2020$326.330.88%
2021$342.074.82%
2022$365.006.70%*
* 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:

Year1935193619371938193919401941194219431944194519461947194819491950195119521953195419551956195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI15.00015.18315.76015.86015.78015.84316.27717.43117.87718.58519.03119.82321.67723.24623.50823.78525.29225.91526.40026.55426.63827.10028.00028.61529.16229.66229.98530.33830.71531.13131.55432.31533.39234.87736.78539.01540.79242.02343.64647.97752.48555.95459.60863.88571.15481.50890.38596.32399.669104.000108.015109.762113.638118.262123.708130.285136.138140.754145.131148.954153.100157.492161.100163.423167.023172.985177.785180.515184.654189.362196.038202.685208.098215.528214.008217.828224.503228.962232.343235.818235.433238.773244.345250.710255.228257.477269.891287.986

Adjust all items less food prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1939 * 1939 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for All items less food was 15.780 in the year 1939 and 287.986 in 2022:

287.986 / 15.780 * $20 = $365

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1939 has the same "purchasing power" as $365 in 2022 (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.

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