Household cleaning products priced at $20 in 1997 $24.35 in 2020

Household Cleaning Products Inflation Calculator

$

Prices for Household Cleaning Products, 1997-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for household cleaning products were 21.73% higher in 2020 versus 1997 (a $4.35 difference in value).

Between 1997 and 2020: Household cleaning products experienced an average inflation rate of 0.86% per year. In other words, household cleaning products costing $20 in the year 1997 would cost $24.35 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 2.08% during this same period, inflation for household cleaning products was lower.

Price Inflation for Household cleaning products since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2009 (4.78%), 2001 (3.72%), and 2006 (3.39%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Household cleaning products:

Year 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
CPI 100.000 100.715 102.431 105.138 109.054 109.938 108.238 106.985 107.900 111.554 112.260 115.904 121.446 120.572 121.353 123.042 121.348 119.064 118.941 119.392 118.248 118.702 120.758 121.732

View price changes for other categories
Dental services · San Francisco, California · Chicago, Illinois · Televisions · More

Buying power of $20 since 1997

Below are calculations of equivalent buying power for Household cleaning products, over time, for $20 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1997 $20.00 -
1998 $20.14 0.72%
1999 $20.49 1.70%
2000 $21.03 2.64%
2001 $21.81 3.72%
2002 $21.99 0.81%
2003 $21.65 -1.55%
2004 $21.40 -1.16%
2005 $21.58 0.86%
2006 $22.31 3.39%
2007 $22.45 0.63%
2008 $23.18 3.25%
2009 $24.29 4.78%
2010 $24.11 -0.72%
2011 $24.27 0.65%
2012 $24.61 1.39%
2013 $24.27 -1.38%
2014 $23.81 -1.88%
2015 $23.79 -0.10%
2016 $23.88 0.38%
2017 $23.65 -0.96%
2018 $23.74 0.38%
2019 $24.15 1.73%
2020 $24.35 0.81%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for household cleaning products, 1997-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 1997 * 1997 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Household cleaning products was 100.000 in the year 1997 and 121.732 in 2020:

121.732 / 100.000 * $20 = $24.35

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $24.35 in 2020 (in the CPI category of Household cleaning products).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Household cleaning products in 1997. In addition to household cleaning products, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.