According to the U.S. Bureau of Labor Statistics, prices for durables are 286.09% higher in 2024 versus 1947 (a $57.22 difference in value).
Between 1947 and 2024: Durables experienced an average inflation rate of 1.77% per year. In other words, durables costing $20 in the year 1947 would cost $77.22 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.49% during this same period, inflation for durables was lower.
In the year 1947: Pricing changed by 8.45%, which is significantly above the average yearly change for durables during the 1947-2024 time period. Compared to inflation for all items in 1947 (14.39%), inflation for durables was much lower.
Below are calculations of equivalent buying power for Durables, over time, for $20 beginning in 1947. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1947 | $20.00 | 8.45% |
| 1948 | $21.46 | 7.29% |
| 1949 | $21.63 | 0.82% |
| 1950 | $21.98 | 1.63% |
| 1951 | $23.66 | 7.60% |
| 1952 | $23.87 | 0.90% |
| 1953 | $23.68 | -0.79% |
| 1954 | $23.08 | -2.55% |
| 1955 | $22.63 | -1.96% |
| 1956 | $22.67 | 0.18% |
| 1957 | $23.40 | 3.22% |
| 1958 | $23.75 | 1.51% |
| 1959 | $24.09 | 1.44% |
| 1960 | $23.96 | -0.56% |
| 1961 | $23.96 | 0.00% ** |
| 1962 | $24.19 | 0.99% |
| 1963 | $24.26 | 0.26% |
| 1964 | $24.46 | 0.86% |
| 1965 | $24.37 | -0.38% |
| 1966 | $24.40 | 0.10% |
| 1967 | $24.78 | 1.56% |
| 1968 | $25.53 | 3.02% |
| 1969 | $26.51 | 3.86% |
| 1970 | $27.69 | 4.43% |
| 1971 | $28.85 | 4.21% |
| 1972 | $29.47 | 2.14% |
| 1973 | $30.19 | 2.46% |
| 1974 | $32.35 | 7.14% |
| 1975 | $36.04 | 11.41% |
| 1976 | $38.24 | 6.10% |
| 1977 | $40.44 | 5.75% |
| 1978 | $43.08 | 6.52% |
| 1979 | $47.34 | 9.90% |
| 1980 | $52.12 | 10.09% |
| 1981 | $56.28 | 7.98% |
| 1982 | $59.73 | 6.12% |
| 1983 | $62.69 | 4.96% |
| 1984 | $66.02 | 5.31% |
| 1985 | $67.06 | 1.58% |
| 1986 | $66.95 | -0.17% |
| 1987 | $67.96 | 1.52% |
| 1988 | $69.33 | 2.01% |
| 1989 | $70.45 | 1.62% |
| 1990 | $71.24 | 1.12% |
| 1991 | $72.86 | 2.28% |
| 1992 | $74.48 | 2.22% |
| 1993 | $76.17 | 2.27% |
| 1994 | $78.39 | 2.91% |
| 1995 | $80.40 | 2.56% |
| 1996 | $81.26 | 1.07% |
| 1997 | $80.86 | -0.49% |
| 1998 | $80.13 | -0.90% |
| 1999 | $79.13 | -1.25% |
| 2000 | $78.75 | -0.47% |
| 2001 | $78.28 | -0.61% |
| 2002 | $76.27 | -2.57% |
| 2003 | $73.80 | -3.23% |
| 2004 | $72.09 | -2.32% |
| 2005 | $72.40 | 0.42% |
| 2006 | $71.90 | -0.68% |
| 2007 | $70.65 | -1.74% |
| 2008 | $69.65 | -1.42% |
| 2009 | $69.01 | -0.92% |
| 2010 | $69.93 | 1.33% |
| 2011 | $70.70 | 1.11% |
| 2012 | $70.85 | 0.21% |
| 2013 | $70.28 | -0.80% |
| 2014 | $69.31 | -1.38% |
| 2015 | $68.54 | -1.12% |
| 2016 | $67.39 | -1.68% |
| 2017 | $66.13 | -1.86% |
| 2018 | $65.59 | -0.82% |
| 2019 | $65.82 | 0.35% |
| 2020 | $66.41 | 0.90% |
| 2021 | $73.44 | 10.59% |
| 2022 | $80.45 | 9.54% |
| 2023 | $79.41 | -1.30% |
| 2024 | $77.22 | -2.76%* |
* 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 Durables:
| Year | 1935 | 1936 | 1937 | 1938 | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 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 | 2021 | 2022 | 2023 | 2024 |
| CPI | 17.800 | 18.083 | 19.320 | 19.500 | 19.120 | 18.980 | 20.460 | 23.080 | 23.880 | 26.200 | 28.040 | 29.360 | 31.840 | 34.160 | 34.440 | 35.000 | 37.660 | 38.000 | 37.700 | 36.740 | 36.020 | 36.085 | 37.246 | 37.808 | 38.354 | 38.138 | 38.138 | 38.515 | 38.615 | 38.946 | 38.800 | 38.838 | 39.446 | 40.638 | 42.208 | 44.077 | 45.931 | 46.915 | 48.069 | 51.500 | 57.377 | 60.877 | 64.377 | 68.577 | 75.369 | 82.977 | 89.600 | 95.085 | 99.800 | 105.100 | 106.762 | 106.577 | 108.192 | 110.369 | 112.154 | 113.415 | 116.000 | 118.577 | 121.269 | 124.792 | 127.992 | 129.362 | 128.723 | 127.562 | 125.969 | 125.377 | 124.615 | 121.415 | 117.492 | 114.769 | 115.254 | 114.469 | 112.473 | 110.877 | 109.859 | 111.324 | 112.557 | 112.790 | 111.889 | 110.349 | 109.116 | 107.279 | 105.283 | 104.420 | 104.781 | 105.723 | 116.923 | 128.077 | 126.415 | 122.930 |