Funeral expenses priced at $20 in 2012 $24.40 in 2022

Funeral Expenses Inflation Calculator


Prices for Funeral Expenses, 2012-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for funeral expenses are 22% higher in 2022 versus 2012 (a $4.40 difference in value).

Between 2012 and 2022: Funeral expenses experienced an average inflation rate of 2.01% per year. This rate of change indicates significant inflation. In other words, funeral expenses costing $20 in the year 2012 would cost $24.40 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.42% during this same period, inflation for funeral expenses was lower.

In the year 2012: Pricing changed by 1.91%, which is below the average yearly change for funeral expenses during the 2012-2022 time period. Compared to inflation for all items in 2012 (2.07%), inflation for funeral expenses was lower.

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 2012

Below are calculations of equivalent buying power for Funeral expenses, over time, for $20 beginning in 2012. 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 Funeral expenses:


Adjust funeral expenses prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2012 * 2012 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Funeral expenses was 293.768 in the year 2012 and 358.387 in 2022:

358.387 / 293.768 * $20 = $24.40

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2012 has the same "purchasing power" as $24.40 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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