According to the U.S. Bureau of Labor Statistics, prices for all items less food were 4.92% higher in 2020 versus 2017 (a $0.98 difference in value).
Between 2017 and 2020: All items less food experienced an average inflation rate of 1.61% per year. In other words, all items less food costing $20 in the year 2017 would cost $20.98 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.73% during this same period, inflation for all items less food was lower.
In the year 2017: Pricing changed by 2.33%, which is above the average yearly change for all items less food during the 2017-2020 time period. Compared to inflation for all items in 2017 (2.13%), inflation for all items less food was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for All items less food:
Below are calculations of equivalent buying power for All items less food, over time, for $20 beginning in 2017. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|