All items less shelter priced at $20 in 2004 $30.31 in 2022

All Items Less Shelter Inflation Calculator


Prices for All Items Less Shelter, 2004-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for all items less shelter are 51.55% higher in 2022 versus 2004 (a $10.31 difference in value).

Between 2004 and 2022: All items less shelter experienced an average inflation rate of 2.34% per year. This rate of change indicates significant inflation. In other words, all items less shelter costing $20 in the year 2004 would cost $30.31 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.46% during this same period, inflation for all items less shelter was lower.

In the year 2004: Pricing changed by 2.69%, which is above the average yearly change for all items less shelter during the 2004-2022 time period. Compared to inflation for all items in 2004 (2.68%), inflation for all items less shelter was higher.

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 2004

Below are calculations of equivalent buying power for All items less shelter, over time, for $20 beginning in 2004. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate

* 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:


Adjust all items less shelter prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2004 * 2004 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for All items less shelter was 179.277 in the year 2004 and 271.690 in 2022:

271.690 / 179.277 * $20 = $30.31

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2004 has the same "purchasing power" as $30.31 in 2022 (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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