College tuition priced at $2,275 in 1977 $35,298.92 in 2022

College Tuition Inflation Calculator

$

Prices for College Tuition, 1977-2022 ($2,275)

According to the U.S. Bureau of Labor Statistics, prices for college tuition and fees are 1,451.60% higher in 2022 versus 1977 (a $33,023.92 difference in value).

Between 1977 and 2022: College tuition experienced an average inflation rate of 6.28% per year. This rate of change indicates significant inflation. In other words, college tuition costing $2,275 in the year 1977 would cost $35,298.92 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.54% during this same period, inflation for college tuition was higher.

Price Inflation for College tuition and fees since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1982 (13.44%), 1981 (12.41%), and 1992 (10.75%).

View price changes for other categories
Electricity · Fresh fruits · New trucks · Hospital services · More

Buying power of $2,275.00 since 1977

Below are calculations of equivalent buying power for College tuition, over time, for $2,275 beginning in 1977. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1977$2,275.00-
1978$2,353.893.47%
1979$2,540.987.95%
1980$2,783.079.53%
1981$3,128.5412.41%
1982$3,548.9613.44%
1983$3,918.3110.41%
1984$4,319.6910.24%
1985$4,712.009.08%
1986$5,093.448.09%
1987$5,476.687.52%
1988$5,893.787.62%
1989$6,361.367.93%
1990$6,874.878.07%
1991$7,574.8710.18%
1992$8,389.4210.75%
1993$9,174.359.36%
1994$9,814.816.98%
1995$10,405.096.01%
1996$10,993.875.66%
1997$11,555.745.11%
1998$12,043.874.22%
1999$12,522.023.97%
2000$13,039.774.13%
2001$13,706.225.11%
2002$14,641.366.82%
2003$15,868.188.38%
2004$17,371.559.47%
2005$18,668.487.47%
2006$19,919.786.70%
2007$21,166.046.26%
2008$22,486.076.24%
2009$23,837.356.01%
2010$25,075.605.19%
2011$26,335.415.02%
2012$27,612.674.85%
2013$28,778.934.22%
2014$29,841.983.69%
2015$30,877.523.47%
2016$31,708.562.69%
2017$32,342.302.00%
2018$33,057.512.21%
2019$34,001.392.86%
2020$34,469.301.38%
2021$34,768.790.87%
2022$35,298.921.52%*

* 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 College tuition and fees:

Year1977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI57.90059.90864.66970.83179.62390.32399.723109.938119.923129.631139.385150.000161.900174.969192.785213.515233.492249.792264.815279.800294.100306.523318.692331.869348.831372.631403.854442.115475.123506.969538.687572.283606.674638.188670.251702.758732.440759.495785.850807.000823.129841.332865.354877.263884.885898.377

Adjust college tuition prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1977 * 1977 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for College tuition and fees was 57.900 in the year 1977 and 898.377 in 2022:

898.377 / 57.900 * $2,275 = $35,298.92

Therefore, according to U.S. Bureau of Labor Statistics, $2,275 in 1977 has the same "purchasing power" as $35,298.92 in 2022 (in the CPI category of College tuition and fees).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for College tuition and fees in 1977. In addition to college tuition, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.