Education and communication priced at $53,000 in 1993 $86,778.14 in 2020

Education And Communication Inflation Calculator

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Prices for Education And Communication, 1993-2020 ($53,000)

According to the U.S. Bureau of Labor Statistics, prices for education and communication were 63.73% higher in 2020 versus 1993 (a $33,778.14 difference in value).

Between 1993 and 2020: Education and communication experienced an average inflation rate of 1.84% per year. In other words, education and communication costing $53,000 in the year 1993 would cost $86,778.14 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 2.18% during this same period, inflation for education and communication was lower.

Price Inflation for Education and communication since 1993

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1994 (3.86%), 1995 (3.79%), and 1996 (3.42%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Education and communication:

Year 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 85.567 88.867 92.233 95.392 98.492 100.275 101.183 102.533 105.242 107.892 109.792 111.567 113.692 116.750 119.573 123.629 127.395 129.924 131.466 133.845 135.886 137.514 138.203 139.130 136.504 136.784 137.788 140.100

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Buying power of $53000 since 1993

Below are calculations of equivalent buying power for Education and communication, over time, for $53000 beginning in 1993. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1993 $53,000.00 -
1994 $55,044.02 3.86%
1995 $57,129.33 3.79%
1996 $59,085.61 3.42%
1997 $61,005.75 3.25%
1998 $62,110.34 1.81%
1999 $62,672.96 0.91%
2000 $63,509.15 1.33%
2001 $65,186.70 2.64%
2002 $66,828.11 2.52%
2003 $68,004.97 1.76%
2004 $69,104.40 1.62%
2005 $70,420.63 1.90%
2006 $72,314.96 2.69%
2007 $74,063.53 2.42%
2008 $76,575.50 3.39%
2009 $78,908.73 3.05%
2010 $80,474.78 1.98%
2011 $81,430.15 1.19%
2012 $82,903.45 1.81%
2013 $84,167.75 1.53%
2014 $85,176.29 1.20%
2015 $85,603.16 0.50%
2016 $86,176.87 0.67%
2017 $84,550.74 -1.89%
2018 $84,723.76 0.20%
2019 $85,346.05 0.73%
2020 $86,778.14 1.68%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for education and communication, 1993-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 1993 * 1993 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Education and communication was 85.567 in the year 1993 and 140.100 in 2020:

140.100 / 85.567 * $53,000 = $86,778.14

Therefore, according to U.S. Bureau of Labor Statistics, $53,000 in 1993 has the same "purchasing power" as $86,778.14 in 2020 (in the CPI category of Education and communication).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Education and communication in 1993. In addition to education and communication, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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