Funeral expenses priced at $20 in 2002 $34.99 in 2022

Funeral Expenses Inflation Calculator

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Prices for Funeral Expenses, 2002-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for funeral expenses are 74.95% higher in 2022 versus 2002 (a $14.99 difference in value).

Between 2002 and 2022: Funeral expenses experienced an average inflation rate of 2.84% per year. This rate of change indicates significant inflation. In other words, funeral expenses costing $20 in the year 2002 would cost $34.99 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.41% during this same period, inflation for funeral expenses was higher.

In the year 2002: Pricing changed by 4.90%, which is above the average yearly change for funeral expenses during the 2002-2022 time period. Compared to inflation for all items in 2002 (1.59%), inflation for funeral expenses was much higher.

Price Inflation for Funeral expenses since 1986

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1990 (6.26%), 1991 (6.26%), and 1995 (6.02%).

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Buying power of $20.00 since 2002

Below are calculations of equivalent buying power for Funeral expenses, over time, for $20 beginning in 2002. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2002$20.004.90%
2003$20.793.93%
2004$21.694.34%
2005$22.423.38%
2006$23.575.13%
2007$24.754.99%
2008$26.005.07%
2009$27.013.89%
2010$27.632.29%
2011$28.252.22%
2012$28.791.91%
2013$29.562.68%
2014$30.091.81%
2015$30.742.14%
2016$31.301.84%
2017$31.901.93%
2018$32.511.89%
2019$33.111.86%
2020$33.641.60%
2021$34.181.60%
2022$34.992.38%*
* Not final. See inflation summary for latest details.

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

Year1986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI100.000102.523106.562111.331118.300125.700131.492137.723144.685153.392161.185169.877176.523182.669187.838194.569204.108212.131221.338228.815240.554252.567265.372275.684282.011288.272293.768301.641307.095313.676319.442325.593331.738337.915343.322348.800357.095

Adjust funeral expenses prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2002 * 2002 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Funeral expenses was 204.108 in the year 2002 and 357.095 in 2022:

357.095 / 204.108 * $20 = $34.99

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2002 has the same "purchasing power" as $34.99 in 2022 (in the CPI category of Funeral expenses).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Funeral expenses in 1986. In addition to funeral expenses, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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