All items priced at $20 in 2016 $24.12 in 2022

All Items Inflation Calculator


Prices for All Items, 2016-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for all items are 20.61% higher in 2022 versus 2016 (a $4.12 difference in value).

Between 2016 and 2022: All items experienced an average inflation rate of 3.17% per year. This rate of change indicates significant inflation. In other words, all items costing $20 in the year 2016 would cost $24.12 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.17% during this same period, inflation for all items was similar.

In the year 2016: Pricing changed by 1.26%, which is below the average yearly change for all items during the 2016-2022 time period. Compared to inflation for all items in 2016 (1.26%), inflation for all items was similar.

Price Inflation for All items since 1913

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1917 (17.81%), 1918 (17.34%), and 1920 (15.62%).

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Buying power of $20.00 since 2016

Below are calculations of equivalent buying power for All items, over time, for $20 beginning in 2016. 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.

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


Adjust all items prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2016 * 2016 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for All items was 240.007 in the year 2016 and 289.480 in 2022:

289.480 / 240.007 * $20 = $24.12

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2016 has the same "purchasing power" as $24.12 in 2022 (in the CPI category of All items).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for All items in 1913. In addition to all items, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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