Medical care services priced at $20 in 1935 $1,427.66 in 2022

Medical Care Services Inflation Calculator

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Prices for Medical Care Services, 1935-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for medical care services are 7,038.28% higher in 2022 versus 1935 (a $1,407.66 difference in value).

Between 1935 and 2022: Medical care services experienced an average inflation rate of 5.03% per year. This rate of change indicates significant inflation. In other words, medical care services costing $20 in the year 1935 would cost $1,427.66 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.56% during this same period, inflation for medical care services was higher.

Price Inflation for Medical care services since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1975 (12.60%), 1982 (11.86%), and 1980 (11.28%).

View price changes for other categories
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Buying power of $20.00 since 1935

Below are calculations of equivalent buying power for Medical care services, over time, for $20 beginning in 1935. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1935$20.00-
1936$20.100.50%
1937$20.301.00%
1938$20.300.00%
1939$20.500.95%
1940$20.540.24%
1941$20.590.24%
1942$21.172.82%
1943$22.335.48%
1944$23.254.11%
1945$23.882.70%
1946$25.336.07%
1947$27.508.59%
1948$29.346.68%
1949$30.313.29%
1950$31.032.39%
1951$32.584.98%
1952$34.716.53%
1953$35.873.34%
1954$36.932.96%
1955$38.093.14%
1956$39.433.52%
1957$41.124.29%
1958$43.174.97%
1959$45.254.82%
1960$47.114.11%
1961$48.843.67%
1962$50.463.31%
1963$51.952.95%
1964$53.212.43%
1965$54.863.11%
1966$57.825.39%
1967$62.868.71%
1968$67.497.36%
1969$72.948.07%
1970$78.127.11%
1971$83.817.28%
1972$86.863.64%
1973$90.734.45%
1974$100.0010.23%
1975$112.6112.60%
1976$123.8910.02%
1977$136.209.93%
1978$147.998.65%
1979$162.389.72%
1980$180.6911.28%
1981$200.0710.72%
1982$223.7911.86%
1983$243.338.73%
1984$257.966.01%
1985$273.546.04%
1986$294.647.71%
1987$314.096.60%
1988$334.356.45%
1989$359.867.63%
1990$393.189.26%
1991$428.008.86%
1992$460.487.59%
1993$490.436.50%
1994$515.815.17%
1995$541.845.05%
1996$561.713.67%
1997$577.832.87%
1998$596.503.23%
1999$616.463.35%
2000$642.944.29%
2001$673.744.79%
2002$707.885.07%
2003$739.504.47%
2004$776.635.02%
2005$813.724.78%
2006$847.414.14%
2007$892.575.33%
2008$930.384.24%
2009$960.243.21%
2010$993.863.50%
2011$1,024.323.06%
2012$1,064.273.90%
2013$1,097.303.10%
2014$1,123.382.38%
2015$1,150.872.45%
2016$1,195.813.91%
2017$1,224.902.43%
2018$1,251.492.17%
2019$1,295.813.54%
2020$1,359.884.94%
2021$1,385.131.86%
2022$1,427.663.07%*
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Medical care services:

Year1935193619371938193919401941194219431944194519461947194819491950195119521953195419551956195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI8.2758.3178.4008.4008.4808.5008.5208.7609.2409.6209.88010.48011.38012.14012.54012.84013.48014.36014.84015.28015.76016.31517.01517.86218.72319.49220.20820.87721.49222.01522.70023.92326.00827.92330.17732.32334.67735.93837.53841.37746.59251.26256.35461.23167.18574.76282.77792.592100.677106.731113.177121.908129.954138.338148.892162.677177.085190.523202.915213.415224.185232.408239.077246.800255.062266.015278.762292.885305.969321.331336.677350.615369.302384.943397.299411.208423.810440.341454.007464.798476.171494.766506.804517.805536.142562.650573.096590.693

Adjust medical care services prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1935 * 1935 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Medical care services was 8.275 in the year 1935 and 590.693 in 2022:

590.693 / 8.275 * $20 = $1,427.66

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1935 has the same "purchasing power" as $1,427.66 in 2022 (in the CPI category of Medical care services).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Medical care services in 1935. In addition to medical care 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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