According to the U.S. Bureau of Labor Statistics, prices for educational books and supplies are 118.59% higher in 2024 versus 2002 (a $118.59 difference in value).
Between 2002 and 2024: Educational supplies experienced an average inflation rate of 3.62% per year. This rate of change indicates significant inflation. In other words, educational supplies costing $100 in the year 2002 would cost $218.59 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation for educational supplies was higher.
In the year 2002: Pricing changed by 7.32%, which is significantly above the average yearly change for educational supplies during the 2002-2024 time period. Compared to inflation for all items in 2002 (1.59%), inflation for educational supplies was much higher.
Below are calculations of equivalent buying power for Educational supplies, over time, for $100 beginning in 2002. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2002 | $100.00 | 7.32% |
| 2003 | $105.62 | 5.62% |
| 2004 | $110.54 | 4.66% |
| 2005 | $115.14 | 4.16% |
| 2006 | $122.46 | 6.36% |
| 2007 | $132.39 | 8.11% |
| 2008 | $141.77 | 7.08% |
| 2009 | $151.81 | 7.08% |
| 2010 | $159.21 | 4.87% |
| 2011 | $166.76 | 4.74% |
| 2012 | $177.15 | 6.23% |
| 2013 | $187.28 | 5.72% |
| 2014 | $193.81 | 3.49% |
| 2015 | $204.11 | 5.32% |
| 2016 | $213.75 | 4.72% |
| 2017 | $217.11 | 1.57% |
| 2018 | $219.21 | 0.96% |
| 2019 | $215.83 | -1.54% |
| 2020 | $213.42 | -1.12% |
| 2021 | $216.36 | 1.38% |
| 2022 | $224.38 | 3.70% |
| 2023 | $220.83 | -1.58% |
| 2024 | $218.59 | -1.01%* |
* 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 Educational books and supplies:
| Year | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 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 | 2021 | 2022 | 2023 | 2024 |
| CPI | 33.685 | 35.446 | 37.400 | 38.785 | 41.431 | 44.154 | 45.569 | 47.223 | 50.277 | 53.654 | 56.900 | 61.623 | 65.692 | 71.392 | 80.269 | 90.946 | 100.323 | 108.738 | 118.200 | 128.115 | 138.123 | 148.092 | 158.023 | 171.292 | 180.285 | 190.338 | 197.577 | 205.515 | 214.400 | 226.923 | 238.408 | 250.754 | 261.708 | 279.885 | 295.908 | 317.554 | 335.400 | 351.023 | 365.638 | 388.892 | 420.418 | 450.187 | 482.072 | 505.569 | 529.545 | 562.555 | 594.710 | 615.447 | 648.165 | 678.783 | 689.453 | 696.102 | 685.365 | 677.716 | 687.075 | 712.527 | 701.241 | 694.149 |