Commodities less food, energy, and used cars and trucks priced at $20 in 1968 $65.26 in 2020

Commodities Less Food, Energy, And Used Cars And Trucks Inflation Calculator

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Prices for Commodities Less Food, Energy, And Used Cars And Trucks, 1968-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for commodities less food, energy, and used cars and trucks were 226.28% higher in 2020 versus 1968 (a $45.26 difference in value).

Between 1968 and 2020: Commodities less food, energy, and used cars and trucks experienced an average inflation rate of 2.30% per year. This rate of change indicates significant inflation. In other words, commodities less food, energy, and used cars and trucks costing $20 in the year 1968 would cost $65.26 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 3.93% during this same period, inflation for commodities less food, energy, and used cars and trucks was lower.

In the year 1968: Pricing changed by 3.84%, which is above the average yearly change for commodities less food, energy, and used cars and trucks during the 1968-2020 time period. Compared to inflation for all items in 1968 (4.27%), inflation for commodities less food, energy, and used cars and trucks was lower.

Price Inflation for Commodities less food, energy, and used cars and trucks since 1967

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (10.03%), 1975 (8.82%), and 1979 (8.40%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Commodities less food, energy, and used cars and trucks:

Year 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
CPI 42.758 44.400 46.475 48.642 50.517 51.758 53.083 57.258 62.308 65.100 68.308 72.492 78.583 86.467 91.875 96.492 100.575 102.792 105.767 108.442 112.200 116.125 120.083 124.517 129.900 133.525 135.883 137.500 139.008 141.067 142.500 143.333 144.275 144.775 144.992 143.850 141.600 141.025 141.167 141.517 141.247 141.632 144.242 144.352 145.836 147.738 147.735 147.263 146.691 146.269 145.758 145.350 145.507 144.871

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Buying power of $20 since 1968

Below are calculations of equivalent buying power for Commodities less food, energy, and used cars and trucks, over time, for $20 beginning in 1968. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1968 $20.00 3.84%
1969 $20.93 4.67%
1970 $21.91 4.66%
1971 $22.76 3.85%
1972 $23.31 2.46%
1973 $23.91 2.56%
1974 $25.79 7.86%
1975 $28.07 8.82%
1976 $29.32 4.48%
1977 $30.77 4.93%
1978 $32.65 6.12%
1979 $35.40 8.40%
1980 $38.95 10.03%
1981 $41.39 6.25%
1982 $43.46 5.02%
1983 $45.30 4.23%
1984 $46.30 2.20%
1985 $47.64 2.89%
1986 $48.85 2.53%
1987 $50.54 3.47%
1988 $52.31 3.50%
1989 $54.09 3.41%
1990 $56.09 3.69%
1991 $58.51 4.32%
1992 $60.15 2.79%
1993 $61.21 1.77%
1994 $61.94 1.19%
1995 $62.62 1.10%
1996 $63.54 1.48%
1997 $64.19 1.02%
1998 $64.56 0.58%
1999 $64.99 0.66%
2000 $65.21 0.35%
2001 $65.31 0.15%
2002 $64.80 -0.79%
2003 $63.78 -1.56%
2004 $63.52 -0.41%
2005 $63.59 0.10%
2006 $63.75 0.25%
2007 $63.62 -0.19%
2008 $63.80 0.27%
2009 $64.97 1.84%
2010 $65.02 0.08%
2011 $65.69 1.03%
2012 $66.55 1.30%
2013 $66.55 0.00%
2014 $66.33 -0.32%
2015 $66.08 -0.39%
2016 $65.89 -0.29%
2017 $65.66 -0.35%
2018 $65.47 -0.28%
2019 $65.54 0.11%
2020 $65.26 -0.44%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for commodities less food, energy, and used cars and trucks, 1968-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 1968 * 1968 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Commodities less food, energy, and used cars and trucks was 44.400 in the year 1968 and 144.871 in 2020:

144.871 / 44.400 * $20 = $65.26

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1968 has the same "purchasing power" as $65.26 in 2020 (in the CPI category of Commodities less food, energy, and used cars and trucks).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Commodities less food, energy, and used cars and trucks in 1967. In addition to commodities less food, energy, and used cars and trucks, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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