All items less shelter priced at $20 in 1991 $41.64 in 2023

All Items Less Shelter Inflation Calculator

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Prices for All Items Less Shelter, 1991-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for all items less shelter are 108.20% higher in 2023 versus 1991 (a $21.64 difference in value).

Between 1991 and 2023: All items less shelter experienced an average inflation rate of 2.32% per year. This rate of change indicates significant inflation. In other words, all items less shelter costing $20 in the year 1991 would cost $41.64 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.53% during this same period, inflation for all items less shelter was lower.

In the year 1991: Pricing changed by 4.15%, which is above the average yearly change for all items less shelter during the 1991-2023 time period. Compared to inflation for all items in 1991 (4.23%), 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%).

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Buying power of $20.00 since 1991

Below are calculations of equivalent buying power for All items less shelter, over time, for $20 beginning in 1991. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1991$20.004.15%
1992$20.582.90%
1993$21.182.92%
1994$21.702.44%
1995$22.272.63%
1996$22.902.82%
1997$23.372.05%
1998$23.560.82%
1999$24.011.91%
2000$24.833.43%
2001$25.432.42%
2002$25.600.63%
2003$26.162.21%
2004$26.862.69%
2005$27.883.78%
2006$28.763.15%
2007$29.472.46%
2008$30.794.48%
2009$30.46-1.05%
2010$31.262.63%
2011$32.524.03%
2012$33.182.03%
2013$33.541.07%
2014$33.891.06%
2015$33.46-1.27%
2016$33.540.22%
2017$34.051.53%
2018$34.732.00%
2019$35.101.05%
2020$35.320.62%
2021$37.335.71%
2022$40.719.05%
2023$41.642.28%*

* 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 shelter:

Year19351936193719381939194019411942194319441945194619471948194919501951195219531954195519561957195819591960196119621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
CPI14.00014.16714.64014.18013.98014.11414.91516.80818.05418.40818.90820.77724.12326.02325.55425.70027.89228.45428.53828.52328.36928.76929.73830.58530.85431.29231.66232.01532.40832.82333.30834.31535.20836.62338.36940.29242.03143.28546.16951.42356.02359.26963.06267.36974.23182.94691.02396.23199.838103.908107.023108.008111.631115.877121.585128.154133.469137.338141.354144.808148.615152.808155.938157.223160.223165.723169.738170.815174.585179.277186.054191.915196.639205.453203.301208.643217.048221.446223.820226.192223.313223.807227.241231.789234.215235.676249.142271.690277.880

Adjust all items less shelter prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 1991 * 1991 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for All items less shelter was 133.469 in the year 1991 and 277.880 in 2023:

277.880 / 133.469 * $20 = $41.64

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1991 has the same "purchasing power" as $41.64 in 2023 (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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