Hospital and related services priced at $20 in 1977 $377.09 in 2022

Hospital And Related Services Inflation Calculator

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Prices for Hospital And Related Services, 1977-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for hospital and related services are 1,785.47% higher in 2022 versus 1977 (a $357.09 difference in value).

Between 1977 and 2022: Hospital and related services experienced an average inflation rate of 6.74% per year. This rate of change indicates significant inflation. In other words, hospital and related services costing $20 in the year 1977 would cost $377.09 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.53% during this same period, inflation for hospital and related services was significantly higher.

Price Inflation for Hospital and related services since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1981 (14.27%), 1982 (14.14%), and 1980 (13.47%).

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Buying power of $20.00 since 1977

Below are calculations of equivalent buying power for Hospital and related services, over time, for $20 beginning in 1977. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1977$20.00-
1978$21.276.33%
1979$23.5510.74%
1980$26.7213.47%
1981$30.5314.27%
1982$34.8514.14%
1983$38.8111.37%
1984$42.178.63%
1985$44.846.35%
1986$47.535.99%
1987$50.836.94%
1988$55.579.34%
1989$61.9611.50%
1990$68.7310.91%
1991$75.7110.16%
1992$82.639.14%
1993$89.558.37%
1994$94.835.90%
1995$99.524.95%
1996$104.054.55%
1997$107.503.32%
1998$111.013.26%
1999$115.634.17%
2000$122.515.95%
2001$130.616.61%
2002$141.998.71%
2003$152.437.35%
2004$161.355.85%
2005$169.845.26%
2006$180.736.41%
2007$192.636.59%
2008$206.167.02%
2009$219.266.35%
2010$234.637.01%
2011$247.685.56%
2012$259.494.77%
2013$270.794.35%
2014$283.344.63%
2015$294.153.82%
2016$307.004.37%
2017$321.124.60%
2018$334.734.24%
2019$341.762.10%
2020$355.634.06%
2021$366.803.14%
2022$377.092.81%*
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Hospital and related services:

Year1977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI51.80055.07760.99269.20879.08590.269100.531109.208116.138123.100131.646143.938160.485178.000196.092214.008231.923245.608257.769269.492278.431287.515299.492317.308338.292367.762394.800417.900439.877468.092498.922533.953567.879607.679641.488672.078701.344733.841761.853795.127831.696866.942885.160921.079950.005976.672

Adjust hospital and related services prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1977 * 1977 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Hospital and related services was 51.800 in the year 1977 and 976.672 in 2022:

976.672 / 51.800 * $20 = $377.09

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1977 has the same "purchasing power" as $377.09 in 2022 (in the CPI category of Hospital and related services).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Hospital and related services in 1977. In addition to hospital and related services, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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