Housing at school, excluding board priced at $20 in 2003 $43.23 in 2024

Housing At School, Excluding Board Inflation Calculator

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Prices for Housing At School, Excluding Board, 2003-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for housing at school, excluding board are 116.13% higher in 2024 versus 2003 (a $23.23 difference in value).

Between 2003 and 2024: Housing at school, excluding board experienced an average inflation rate of 3.74% per year. This rate of change indicates significant inflation. In other words, housing at school, excluding board costing $20 in the year 2003 would cost $43.23 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.57% during this same period, inflation for housing at school, excluding board was higher.

In the year 2003: Pricing changed by 5.94%, which is above the average yearly change for housing at school, excluding board during the 2003-2024 time period. Compared to inflation for all items in 2003 (2.27%), inflation for housing at school, excluding board was much higher.

Price Inflation for Housing at school, excluding board since 1982

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1989 (7.11%), 1985 (7.09%), and 1987 (6.73%).

View price changes for other categories
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Buying power of $20.00 since 2003

Below are calculations of equivalent buying power for Housing at school, excluding board, over time, for $20 beginning in 2003. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2003$20.005.94%
2004$21.256.27%
2005$22.586.24%
2006$23.775.27%
2007$25.015.21%
2008$26.204.77%
2009$27.525.03%
2010$28.784.58%
2011$29.954.07%
2012$31.133.95%
2013$32.343.86%
2014$33.333.07%
2015$34.262.79%
2016$35.262.92%
2017$36.192.64%
2018$37.002.23%
2019$37.882.39%
2020$38.752.29%
2021$39.552.07%
2022$40.392.13%
2023$41.743.34%
2024$43.233.55%*

* 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 Housing at school, excluding board:

Year1982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI100.000102.131108.662116.369123.269131.562139.962149.915159.762169.754180.962188.985197.131205.469213.908223.885233.508243.577253.769265.369280.162296.792315.392335.085352.731371.121388.834408.388427.075444.473462.030479.853494.574508.371523.217537.050549.034562.179575.056586.934599.439619.453641.448

Adjust housing at school, excluding board prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2003 * 2003 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Housing at school, excluding board was 296.792 in the year 2003 and 641.448 in 2024:

641.448 / 296.792 * $20 = $43.23

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2003 has the same "purchasing power" as $43.23 in 2024 (in the CPI category of Housing at school, excluding board).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Housing at school, excluding board in 1982. In addition to housing at school, excluding board, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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