According to the U.S. Bureau of Labor Statistics, prices for nondurables less food, beverages, and apparel are 853% higher in 2024 versus 1967 (a $170.60 difference in value).
Between 1967 and 2024: Nondurables less food, beverages, and apparel experienced an average inflation rate of 4.03% per year. This rate of change indicates significant inflation. In other words, nondurables less food, beverages, and apparel costing $20 in the year 1967 would cost $190.60 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.00% during this same period, inflation for nondurables less food, beverages, and apparel was higher.
Below are calculations of equivalent buying power for Nondurables less food, beverages, and apparel, over time, for $20 beginning in 1967. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1967 | $20.00 | - |
1968 | $20.62 | 3.10% |
1969 | $21.38 | 3.70% |
1970 | $22.18 | 3.71% |
1971 | $22.96 | 3.53% |
1972 | $23.58 | 2.68% |
1973 | $24.72 | 4.83% |
1974 | $29.22 | 18.23% |
1975 | $32.21 | 10.22% |
1976 | $33.89 | 5.23% |
1977 | $36.03 | 6.30% |
1978 | $38.02 | 5.54% |
1979 | $45.19 | 18.86% |
1980 | $55.87 | 23.63% |
1981 | $62.21 | 11.34% |
1982 | $63.03 | 1.32% |
1983 | $64.04 | 1.60% |
1984 | $65.16 | 1.74% |
1985 | $66.63 | 2.27% |
1986 | $61.44 | -7.80% |
1987 | $63.76 | 3.78% |
1988 | $66.14 | 3.73% |
1989 | $71.09 | 7.50% |
1990 | $77.61 | 9.17% |
1991 | $79.97 | 3.04% |
1992 | $81.93 | 2.45% |
1993 | $83.05 | 1.36% |
1994 | $83.51 | 0.56% |
1995 | $85.14 | 1.95% |
1996 | $88.77 | 4.27% |
1997 | $90.06 | 1.45% |
1998 | $88.02 | -2.27% |
1999 | $93.55 | 6.29% |
2000 | $104.09 | 11.26% |
2001 | $104.68 | 0.57% |
2002 | $103.93 | -0.72% |
2003 | $109.88 | 5.73% |
2004 | $117.84 | 7.24% |
2005 | $129.81 | 10.16% |
2006 | $138.61 | 6.78% |
2007 | $144.94 | 4.57% |
2008 | $159.41 | 9.98% |
2009 | $140.70 | -11.74% |
2010 | $152.52 | 8.41% |
2011 | $171.04 | 12.14% |
2012 | $175.02 | 2.33% |
2013 | $172.86 | -1.24% |
2014 | $170.56 | -1.33% |
2015 | $149.46 | -12.38% |
2016 | $143.46 | -4.01% |
2017 | $150.74 | 5.07% |
2018 | $159.51 | 5.82% |
2019 | $157.53 | -1.25% |
2020 | $148.30 | -5.86% |
2021 | $167.56 | 12.99% |
2022 | $196.08 | 17.02% |
2023 | $190.98 | -2.60% |
2024 | $190.60 | -0.20%* |
* 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 Nondurables less food, beverages, and apparel:
Year | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 31.215 | 32.185 | 33.377 | 34.615 | 35.838 | 36.800 | 38.577 | 45.608 | 50.269 | 52.900 | 56.231 | 59.346 | 70.538 | 87.208 | 97.100 | 98.377 | 99.954 | 101.692 | 104.000 | 95.892 | 99.515 | 103.223 | 110.962 | 121.138 | 124.815 | 127.877 | 129.615 | 130.338 | 132.877 | 138.554 | 140.562 | 137.377 | 146.015 | 162.454 | 163.377 | 162.208 | 171.500 | 183.915 | 202.600 | 216.338 | 226.224 | 248.809 | 219.592 | 238.053 | 266.957 | 273.168 | 269.790 | 266.212 | 233.268 | 223.909 | 235.272 | 248.961 | 245.860 | 231.457 | 261.519 | 306.029 | 298.077 | 297.483 |