Commodities less food and beverages priced at $20 in 1967 $76.45 in 2020

Commodities Less Food And Beverages Inflation Calculator

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Prices for Commodities Less Food And Beverages, 1967-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for commodities less food and beverages were 282.26% higher in 2020 versus 1967 (a $56.45 difference in value).

Between 1967 and 2020: Commodities less food and beverages experienced an average inflation rate of 2.56% per year. This rate of change indicates significant inflation. In other words, commodities less food and beverages costing $20 in the year 1967 would cost $76.45 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 3.93% during this same period, inflation for commodities less food and beverages was lower.

Price Inflation for Commodities less food and beverages since 1967

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (13.92%), 1979 (11.77%), and 1974 (10.74%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Commodities less food and beverages:

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 38.300 39.708 41.408 43.115 44.738 45.762 47.354 52.438 57.292 60.231 63.585 67.308 75.231 85.700 93.138 96.885 99.992 103.115 105.200 101.385 104.038 107.300 111.577 117.031 120.392 123.192 125.292 126.885 128.854 131.477 132.177 130.515 132.515 137.669 137.192 134.162 134.508 136.738 142.454 145.885 147.515 153.034 144.395 150.392 159.943 162.745 161.484 159.568 149.153 145.373 147.234 150.338 149.490 146.406

View price changes for other categories
Bananas · New trucks · Milk · Rent of primary residence · More

Buying power of $20 since 1967

Below are calculations of equivalent buying power for Commodities less food and beverages, over time, for $20 beginning in 1967. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1967 $20.00 -
1968 $20.74 3.68%
1969 $21.62 4.28%
1970 $22.51 4.12%
1971 $23.36 3.76%
1972 $23.90 2.29%
1973 $24.73 3.48%
1974 $27.38 10.74%
1975 $29.92 9.26%
1976 $31.45 5.13%
1977 $33.20 5.57%
1978 $35.15 5.86%
1979 $39.28 11.77%
1980 $44.75 13.92%
1981 $48.64 8.68%
1982 $50.59 4.02%
1983 $52.22 3.21%
1984 $53.85 3.12%
1985 $54.93 2.02%
1986 $52.94 -3.63%
1987 $54.33 2.62%
1988 $56.03 3.13%
1989 $58.26 3.99%
1990 $61.11 4.89%
1991 $62.87 2.87%
1992 $64.33 2.33%
1993 $65.43 1.70%
1994 $66.26 1.27%
1995 $67.29 1.55%
1996 $68.66 2.04%
1997 $69.02 0.53%
1998 $68.15 -1.26%
1999 $69.20 1.53%
2000 $71.89 3.89%
2001 $71.64 -0.35%
2002 $70.06 -2.21%
2003 $70.24 0.26%
2004 $71.40 1.66%
2005 $74.39 4.18%
2006 $76.18 2.41%
2007 $77.03 1.12%
2008 $79.91 3.74%
2009 $75.40 -5.65%
2010 $78.53 4.15%
2011 $83.52 6.35%
2012 $84.98 1.75%
2013 $84.33 -0.77%
2014 $83.33 -1.19%
2015 $77.89 -6.53%
2016 $75.91 -2.53%
2017 $76.88 1.28%
2018 $78.51 2.11%
2019 $78.06 -0.56%
2020 $76.45 -2.06%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for commodities less food and beverages, 1967-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 1967 * 1967 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Commodities less food and beverages was 38.300 in the year 1967 and 146.406 in 2020:

146.406 / 38.300 * $20 = $76.45

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1967 has the same "purchasing power" as $76.45 in 2020 (in the CPI category of Commodities less food and beverages).


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

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