Education priced at $20 in 2019 $21.06 in 2022

Education Inflation Calculator


Prices for Education, 2019-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for education are 5.31% higher in 2022 versus 2019 (a $1.06 difference in value).

Between 2019 and 2022: Education experienced an average inflation rate of 1.74% per year. In other words, education costing $20 in the year 2019 would cost $21.06 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 4.23% during this same period, inflation for education was lower.

In the year 2019: Pricing changed by 2.71%, which is above the average yearly change for education during the 2019-2022 time period. Compared to inflation for all items in 2019 (1.81%), inflation for education was 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 2019

Below are calculations of equivalent buying power for Education, over time, for $20 beginning in 2019. 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.

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


Adjust education prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2019 * 2019 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Education was 265.846 in the year 2019 and 279.957 in 2022:

279.957 / 265.846 * $20 = $21.06

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2019 has the same "purchasing power" as $21.06 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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