Durables priced at $20 in 2018 $24.19 in 2023

Durables Inflation Calculator


Prices for Durables, 2018-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for durables are 20.96% higher in 2023 versus 2018 (a $4.19 difference in value).

Between 2018 and 2023: Durables experienced an average inflation rate of 3.88% per year. This rate of change indicates significant inflation. In other words, durables costing $20 in the year 2018 would cost $24.19 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 3.71% during this same period, inflation for durables was higher.

In the year 2018: Pricing changed by -0.82%, which is significantly below the average yearly change for durables during the 2018-2023 time period. Compared to inflation for all items in 2018 (2.44%), inflation for durables was much lower.

Price Inflation for Durables since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1942 (12.81%), 1975 (11.41%), and 2021 (10.59%).

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Buying power of $20.00 since 2018

Below are calculations of equivalent buying power for Durables, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate

* 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:


Adjust durables prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2018 * 2018 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Durables was 104.420 in the year 2018 and 126.302 in 2023:

126.302 / 104.420 * $20 = $24.19

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2018 has the same "purchasing power" as $24.19 in 2023 (in the CPI category of Durables).

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

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