Education priced at $20 in 2009 $29.34 in 2022

Education Inflation Calculator

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Prices for Education, 2009-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for education are 46.68% higher in 2022 versus 2009 (a $9.34 difference in value).

Between 2009 and 2022: Education experienced an average inflation rate of 2.99% per year. This rate of change indicates significant inflation. In other words, education costing $20 in the year 2009 would cost $29.34 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.33% during this same period, inflation for education was higher.

In the year 2009: Pricing changed by 5.29%, which is above the average yearly change for education during the 2009-2022 time period. Compared to inflation for all items in 2009 (-0.36%), inflation for education was much higher.

Price Inflation for Education since 1993

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2004 (6.93%), 2003 (6.69%), and 2002 (6.29%).

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Buying power of $20.00 since 2009

Below are calculations of equivalent buying power for Education, over time, for $20 beginning in 2009. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2009$20.005.29%
2010$20.894.45%
2011$21.774.23%
2012$22.674.12%
2013$23.533.79%
2014$24.303.29%
2015$25.203.71%
2016$25.942.91%
2017$26.532.30%
2018$27.122.22%
2019$27.862.71%
2020$28.371.84%
2021$28.771.41%
2022$29.341.97%*
* Not final. See inflation summary for latest details.

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

Year199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI78.45083.30088.00892.67597.267102.100106.975112.517118.483125.942134.367143.683152.675162.075171.379181.271190.860199.348207.772216.334224.525231.915240.530247.528253.214258.840265.846270.739274.556279.957

Adjust education prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2009 * 2009 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Education was 190.860 in the year 2009 and 279.957 in 2022:

279.957 / 190.860 * $20 = $29.34

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2009 has the same "purchasing power" as $29.34 in 2022 (in the CPI category of Education).


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

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