Miscellaneous personal goods priced at $20 in 1997 $17.31 in 2024

Miscellaneous Personal Goods Inflation Calculator

$

Prices for Miscellaneous Personal Goods, 1997-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for miscellaneous personal goods are 13.47% lower in 2024 versus 1997 (a $2.69 difference in value).

Between 1997 and 2024: Miscellaneous personal goods experienced an average inflation rate of -0.53% per year. In other words, miscellaneous personal goods costing $20 in the year 1997 would cost $17.31 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.51% during this same period, inflation for miscellaneous personal goods was significantly lower.

Price Inflation for Miscellaneous personal goods since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2022 (10.30%), 2004 (-4.90%), and 2023 (4.39%).

View price changes for other categories
Phoenix, Arizona · Admission to sporting events · Legal services · Airline fares · More

Buying power of $20.00 since 1997

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

YearUSD ValueInflation Rate
1997$20.00-
1998$20.130.63%
1999$19.78-1.73%
2000$19.24-2.70%
2001$18.98-1.36%
2002$18.82-0.88%
2003$18.42-2.12%
2004$17.52-4.90%
2005$17.21-1.73%
2006$17.270.32%
2007$17.420.85%
2008$17.691.58%
2009$17.730.23%
2010$17.54-1.09%
2011$17.29-1.42%
2012$17.21-0.45%
2013$16.96-1.44%
2014$16.86-0.63%
2015$16.37-2.90%
2016$15.87-3.06%
2017$15.55-2.02%
2018$15.01-3.48%
2019$14.86-0.96%
2020$15.131.81%
2021$15.381.64%
2022$16.9610.30%
2023$17.714.39%
2024$17.31-2.26%*

* 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 Miscellaneous personal goods:

Year1997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI100.000100.63198.89296.22394.91594.08592.09287.57786.06286.33887.07688.45288.66087.69186.44886.05884.81684.27881.83779.33477.73475.02674.30475.64876.89284.81188.53186.533

Adjust miscellaneous personal goods prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1997 * 1997 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Miscellaneous personal goods was 100.000 in the year 1997 and 86.533 in 2024:

86.533 / 100.000 * $20 = $17.31

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $17.31 in 2024 (in the CPI category of Miscellaneous personal goods).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Miscellaneous personal goods in 1997. In addition to miscellaneous personal goods, 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.