Educational supplies priced at $100 in 2007 $170.69 in 2023

Educational Supplies Inflation Calculator


Prices for Educational Supplies, 2007-2023 ($100)

According to the U.S. Bureau of Labor Statistics, prices for educational books and supplies are 70.69% higher in 2023 versus 2007 (a $70.69 difference in value).

Between 2007 and 2023: Educational supplies experienced an average inflation rate of 3.40% per year. This rate of change indicates significant inflation. In other words, educational supplies costing $100 in the year 2007 would cost $170.69 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.34% during this same period, inflation for educational supplies was higher.

In the year 2007: Pricing changed by 8.11%, which is significantly above the average yearly change for educational supplies during the 2007-2023 time period. Compared to inflation for all items in 2007 (2.85%), inflation for educational supplies was much 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 (13.30%), 1981 (12.43%), and 1983 (10.31%).

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Buying power of $100.00 since 2007

Below are calculations of equivalent buying power for Educational supplies, over time, for $100 beginning in 2007. 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.
** 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:


Adjust educational supplies prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2007 * 2007 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Educational books and supplies was 420.418 in the year 2007 and 717.624 in 2023:

717.624 / 420.418 * $100 = $170.69

Therefore, according to U.S. Bureau of Labor Statistics, $100 in 2007 has the same "purchasing power" as $170.69 in 2023 (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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