Household paper products priced at $20 in 2016 $24.52 in 2022

Household Paper Products Inflation Calculator

$

Prices for Household Paper Products, 2016-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for household paper products are 22.62% higher in 2022 versus 2016 (a $4.52 difference in value).

Between 2016 and 2022: Household paper products experienced an average inflation rate of 3.46% per year. This rate of change indicates significant inflation. In other words, household paper products costing $20 in the year 2016 would cost $24.52 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.17% during this same period, inflation for household paper products was higher.

In the year 2016: Pricing changed by 0%, which is significantly below the average yearly change for household paper products during the 2016-2022 time period. Compared to inflation for all items in 2016 (1.26%), inflation for household paper products was lower.

Price Inflation for Household paper products since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2008 (8.33%), 2000 (7.93%), and 2022 (6.94%).

View price changes for other categories
Public transportation · Houston, Texas · Chicago, Illinois · Gasoline (all types) · More

Buying power of $20.00 since 2016

Below are calculations of equivalent buying power for Household paper products, over time, for $20 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2016$20.000.00%
2017$19.94-0.28%
2018$20.050.53%
2019$20.753.48%
2020$21.965.84%
2021$22.934.43%
2022$24.526.94%*
* Not final. See inflation summary for latest details.

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

Year19971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI100.000102.715105.462113.823118.677119.200117.238120.785125.385131.977135.555146.845156.070158.023161.732167.842170.277170.275169.170169.173168.701169.600175.507185.762193.985207.448

Adjust household paper products prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2016 * 2016 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Household paper products was 169.173 in the year 2016 and 207.448 in 2022:

207.448 / 169.173 * $20 = $24.52

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2016 has the same "purchasing power" as $24.52 in 2022 (in the CPI category of Household paper products).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Household paper products in 1997. In addition to household paper 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.