Commodities less food priced at $20 in 2001 $26.41 in 2022

Commodities Less Food Inflation Calculator

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Prices for Commodities Less Food, 2001-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for commodities less food are 32.06% higher in 2022 versus 2001 (a $6.41 difference in value).

Between 2001 and 2022: Commodities less food experienced an average inflation rate of 1.33% per year. In other words, commodities less food costing $20 in the year 2001 would cost $26.41 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.35% during this same period, inflation for commodities less food was lower.

In the year 2001: Pricing changed by -0.23%, which is below the average yearly change for commodities less food during the 2001-2022 time period. Compared to inflation for all items in 2001 (2.83%), inflation for commodities less food was much lower.

Price Inflation for Commodities less food since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (13.81%), 1947 (12.59%), and 1979 (11.64%).

View price changes for other categories
Medical care · Jewelry · Alcoholic beverages · Bread · More

Buying power of $20.00 since 2001

Below are calculations of equivalent buying power for Commodities less food, over time, for $20 beginning in 2001. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2001$20.00-0.23%
2002$19.59-2.04%
2003$19.650.32%
2004$19.991.71%
2005$20.814.09%
2006$21.312.41%
2007$21.561.19%
2008$22.373.73%
2009$21.18-5.30%
2010$22.034.02%
2011$23.396.16%
2012$23.801.76%
2013$23.64-0.69%
2014$23.38-1.10%
2015$21.92-6.23%
2016$21.40-2.37%
2017$21.681.28%
2018$22.132.09%
2019$22.02-0.49%
2020$21.50-2.35%
2021$23.6810.14%
2022$26.4111.52%*
* Not final. See inflation summary for latest details.

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

Year1935193619371938193919401941194219431944194519461947194819491950195119521953195419551956195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI17.77517.96718.78018.68018.44018.56019.60021.74022.68023.86024.82026.52029.86032.02031.38031.54033.94034.06034.16033.78033.56033.92334.93835.32335.78535.98536.07736.34636.59236.92337.15437.66238.60040.01541.72343.44645.08546.10847.70052.73157.56960.46963.74667.46275.31585.71593.12396.877100.015103.115105.238101.723104.331107.677111.969117.431121.285124.162126.262127.869129.815132.577133.438131.954134.000139.177138.862136.031136.462138.800144.477147.954149.720155.310147.071152.990162.409165.264164.129162.323152.217148.608150.505153.646152.898149.298164.441183.382

Adjust commodities less food prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2001 * 2001 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Commodities less food was 138.862 in the year 2001 and 183.382 in 2022:

183.382 / 138.862 * $20 = $26.41

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2001 has the same "purchasing power" as $26.41 in 2022 (in the CPI category of Commodities less food).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Commodities less food in 1935. In addition to commodities less food, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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