All items less food priced at $20 in 2011 $26.85 in 2023

All Items Less Food Inflation Calculator

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Prices for All Items Less Food, 2011-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for all items less food are 34.27% higher in 2023 versus 2011 (a $6.85 difference in value).

Between 2011 and 2023: All items less food experienced an average inflation rate of 2.49% per year. This rate of change indicates significant inflation. In other words, all items less food costing $20 in the year 2011 would cost $26.85 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.55% during this same period, inflation for all items less food was lower.

In the year 2011: Pricing changed by 3.06%, which is above the average yearly change for all items less food during the 2011-2023 time period. Compared to inflation for all items in 2011 (3.16%), 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
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Buying power of $20.00 since 2011

Below are calculations of equivalent buying power for All items less food, over time, for $20 beginning in 2011. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2011$20.003.06%
2012$20.401.99%
2013$20.701.48%
2014$21.011.50%
2015$20.97-0.16%
2016$21.271.42%
2017$21.772.33%
2018$22.332.60%
2019$22.741.80%
2020$22.940.88%
2021$24.044.82%
2022$25.897.70%
2023$26.853.71%*

* 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:

Year19351936193719381939194019411942194319441945194619471948194919501951195219531954195519561957195819591960196119621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
CPI15.00015.18315.76015.86015.78015.84316.27717.43117.87718.58519.03119.82321.67723.24623.50823.78525.29225.91526.40026.55426.63827.10028.00028.61529.16229.66229.98530.33830.71531.13131.55432.31533.39234.87736.78539.01540.79242.02343.64647.97752.48555.95459.60863.88571.15481.50890.38596.32399.669104.000108.015109.762113.638118.262123.708130.285136.138140.754145.131148.954153.100157.492161.100163.423167.023172.985177.785180.515184.654189.362196.038202.685208.098215.528214.008217.828224.503228.962232.343235.818235.433238.773244.345250.710255.228257.477269.891290.672301.445

Adjust all items less food prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2011 * 2011 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for All items less food was 224.503 in the year 2011 and 301.445 in 2023:

301.445 / 224.503 * $20 = $26.85

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2011 has the same "purchasing power" as $26.85 in 2023 (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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