All items less shelter priced at $20 in 1950 $188.91 in 2021

All Items Less Shelter Inflation Calculator

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Prices for All Items Less Shelter, 1950-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for all items less shelter were 844.56% higher in 2021 versus 1950 (a $168.91 difference in value).

Between 1950 and 2021: All items less shelter experienced an average inflation rate of 3.21% per year. This rate of change indicates significant inflation. In other words, all items less shelter costing $20 in the year 1950 would cost $188.91 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 3.44% during this same period, inflation for all items less shelter was lower.

In the year 1950: Pricing changed by 0.57%, which is below the average yearly change for all items less shelter during the 1950-2021 time period. Compared to inflation for all items in 1950 (1.10%), inflation for all items less shelter was lower.

Price Inflation for All items less shelter since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1947 (16.11%), 1942 (12.69%), and 1980 (11.74%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for All items less shelter:

Year 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
CPI 14.000 14.167 14.640 14.180 13.980 14.114 14.915 16.808 18.054 18.408 18.908 20.777 24.123 26.023 25.554 25.700 27.892 28.454 28.538 28.523 28.369 28.769 29.738 30.585 30.854 31.292 31.662 32.015 32.408 32.823 33.308 34.315 35.208 36.623 38.369 40.292 42.031 43.285 46.169 51.423 56.023 59.269 63.062 67.369 74.231 82.946 91.023 96.231 99.838 103.908 107.023 108.008 111.631 115.877 121.585 128.154 133.469 137.338 141.354 144.808 148.615 152.808 155.938 157.223 160.223 165.723 169.738 170.815 174.585 179.277 186.054 191.915 196.639 205.453 203.301 208.643 217.048 221.446 223.820 226.192 223.313 223.807 227.241 231.789 234.215 235.676 242.751

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Buying power of $20 since 1950

Below are calculations of equivalent buying power for All items less shelter, over time, for $20 beginning in 1950. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1950 $20.00 0.57%
1951 $21.71 8.53%
1952 $22.14 2.01%
1953 $22.21 0.30%
1954 $22.20 -0.05%
1955 $22.08 -0.54%
1956 $22.39 1.41%
1957 $23.14 3.37%
1958 $23.80 2.85%
1959 $24.01 0.88%
1960 $24.35 1.42%
1961 $24.64 1.18%
1962 $24.91 1.12%
1963 $25.22 1.23%
1964 $25.54 1.28%
1965 $25.92 1.48%
1966 $26.70 3.03%
1967 $27.40 2.60%
1968 $28.50 4.02%
1969 $29.86 4.77%
1970 $31.36 5.01%
1971 $32.71 4.31%
1972 $33.68 2.98%
1973 $35.93 6.66%
1974 $40.02 11.38%
1975 $43.60 8.95%
1976 $46.12 5.79%
1977 $49.08 6.40%
1978 $52.43 6.83%
1979 $57.77 10.18%
1980 $64.55 11.74%
1981 $70.84 9.74%
1982 $74.89 5.72%
1983 $77.70 3.75%
1984 $80.86 4.08%
1985 $83.29 3.00%
1986 $84.05 0.92%
1987 $86.87 3.35%
1988 $90.18 3.80%
1989 $94.62 4.93%
1990 $99.73 5.40%
1991 $103.87 4.15%
1992 $106.88 2.90%
1993 $110.00 2.92%
1994 $112.69 2.44%
1995 $115.65 2.63%
1996 $118.92 2.82%
1997 $121.35 2.05%
1998 $122.35 0.82%
1999 $124.69 1.91%
2000 $128.97 3.43%
2001 $132.09 2.42%
2002 $132.93 0.63%
2003 $135.86 2.21%
2004 $139.52 2.69%
2005 $144.79 3.78%
2006 $149.35 3.15%
2007 $153.03 2.46%
2008 $159.89 4.48%
2009 $158.21 -1.05%
2010 $162.37 2.63%
2011 $168.91 4.03%
2012 $172.33 2.03%
2013 $174.18 1.07%
2014 $176.02 1.06%
2015 $173.78 -1.27%
2016 $174.17 0.22%
2017 $176.84 1.53%
2018 $180.38 2.00%
2019 $182.27 1.05%
2020 $183.41 0.62%
2021 $188.91 3.00%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for all items less shelter, 1950-2021

Start with the inflation rate formula:

CPI in 2021 / CPI in 1950 * 1950 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for All items less shelter was 25.700 in the year 1950 and 242.751 in 2021:

242.751 / 25.700 * $20 = $188.91

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1950 has the same "purchasing power" as $188.91 in 2021 (in the CPI category of All items less shelter).


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