Educational supplies priced at $100 in 1968 $1,999.20 in 2022

Educational Supplies Inflation Calculator

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Prices for Educational Supplies, 1968-2022 ($100)

According to the U.S. Bureau of Labor Statistics, prices for educational books and supplies are 1,899.20% higher in 2022 versus 1968 (a $1,899.20 difference in value).

Between 1968 and 2022: Educational supplies experienced an average inflation rate of 5.70% per year. This rate of change indicates significant inflation. In other words, educational supplies costing $100 in the year 1968 would cost $1,999.20 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 4.00% during this same period, inflation for educational supplies was higher.

In the year 1968: Pricing changed by 5.14%, which is below the average yearly change for educational supplies during the 1968-2022 time period. Compared to inflation for all items in 1968 (4.27%), inflation for educational supplies was higher.

Price Inflation for Educational books and supplies since 1967

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1982 (13.27%), 1981 (12.49%), and 1983 (10.32%).

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Buying power of $100.00 since 1968

Below are calculations of equivalent buying power for Educational supplies, over time, for $100 beginning in 1968. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1968$100.005.14%
1969$105.555.55%
1970$109.503.74%
1971$116.946.79%
1972$124.636.58%
1973$128.633.21%
1974$133.293.62%
1975$141.906.46%
1976$151.496.76%
1977$160.555.98%
1978$174.018.38%
1979$185.496.60%
1980$201.488.62%
1981$226.6512.49%
1982$256.7413.27%
1983$283.2310.32%
1984$307.068.41%
1985$333.698.67%
1986$361.668.38%
1987$389.887.81%
1988$418.077.23%
1989$446.086.70%
1990$483.538.40%
1991$508.995.26%
1992$537.385.58%
1993$557.873.81%
1994$580.194.00%
1995$605.274.32%
1996$640.565.83%
1997$672.905.05%
1998$707.815.19%
1999$738.794.38%
2000$790.196.96%
2001$835.385.72%
2002$896.477.31%
2003$946.845.62%
2004$990.854.65%
2005$1,032.094.16%
2006$1,097.656.35%
2007$1,186.708.11%
2008$1,270.737.08%
2009$1,360.867.09%
2010$1,427.214.88%
2011$1,494.764.73%
2012$1,587.726.22%
2013$1,678.545.72%
2014$1,737.173.49%
2015$1,829.765.33%
2016$1,916.114.72%
2017$1,946.231.57%
2018$1,965.000.96%
2019$1,934.69-1.54%
2020$1,913.10-1.12%
2021$1,939.521.38%
2022$1,999.203.08%*
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Educational books and supplies:

Year19671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI33.69235.42537.39238.79241.42544.15045.56747.21750.26753.66756.87561.64265.70871.37580.29290.950100.333108.775118.208128.117138.117148.100158.025171.292180.308190.367197.625205.533214.417226.917238.375250.742261.717279.925295.933317.575335.417351.008365.617388.842420.390450.156482.086505.590529.518562.448594.624615.393648.193678.783689.453696.102685.365677.716687.075708.215

Adjust educational supplies prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1968 * 1968 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Educational books and supplies was 35.425 in the year 1968 and 708.215 in 2022:

708.215 / 35.425 * $100 = $1,999.20

Therefore, according to U.S. Bureau of Labor Statistics, $100 in 1968 has the same "purchasing power" as $1,999.20 in 2022 (in the CPI category of Educational books and supplies).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Educational books and supplies in 1967. In addition to educational supplies, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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