According to the U.S. Bureau of Labor Statistics, prices for nondurables less food, beverages, and apparel are 548.89% higher in 2024 versus 1974 (a $109.78 difference in value).
Between 1974 and 2024: Nondurables less food, beverages, and apparel experienced an average inflation rate of 3.81% per year. This rate of change indicates significant inflation. In other words, nondurables less food, beverages, and apparel costing $20 in the year 1974 would cost $129.78 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.77% during this same period, inflation for nondurables less food, beverages, and apparel was higher.
In the year 1974: Pricing changed by 18.23%, which is significantly above the average yearly change for nondurables less food, beverages, and apparel during the 1974-2024 time period. Compared to inflation for all items in 1974 (11.05%), inflation for nondurables less food, beverages, and apparel was much higher.
Below are calculations of equivalent buying power for Nondurables less food, beverages, and apparel, over time, for $20 beginning in 1974. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1974 | $20.00 | 18.23% |
| 1975 | $22.04 | 10.22% |
| 1976 | $23.20 | 5.23% |
| 1977 | $24.66 | 6.30% |
| 1978 | $26.02 | 5.54% |
| 1979 | $30.93 | 18.86% |
| 1980 | $38.24 | 23.63% |
| 1981 | $42.58 | 11.34% |
| 1982 | $43.14 | 1.32% |
| 1983 | $43.83 | 1.60% |
| 1984 | $44.59 | 1.74% |
| 1985 | $45.61 | 2.27% |
| 1986 | $42.05 | -7.80% |
| 1987 | $43.64 | 3.78% |
| 1988 | $45.27 | 3.73% |
| 1989 | $48.66 | 7.50% |
| 1990 | $53.12 | 9.17% |
| 1991 | $54.73 | 3.04% |
| 1992 | $56.08 | 2.45% |
| 1993 | $56.84 | 1.36% |
| 1994 | $57.16 | 0.56% |
| 1995 | $58.27 | 1.95% |
| 1996 | $60.76 | 4.27% |
| 1997 | $61.64 | 1.45% |
| 1998 | $60.24 | -2.27% |
| 1999 | $64.03 | 6.29% |
| 2000 | $71.24 | 11.26% |
| 2001 | $71.64 | 0.57% |
| 2002 | $71.13 | -0.72% |
| 2003 | $75.21 | 5.73% |
| 2004 | $80.65 | 7.24% |
| 2005 | $88.84 | 10.16% |
| 2006 | $94.87 | 6.78% |
| 2007 | $99.20 | 4.57% |
| 2008 | $109.11 | 9.98% |
| 2009 | $96.30 | -11.74% |
| 2010 | $104.39 | 8.41% |
| 2011 | $117.07 | 12.14% |
| 2012 | $119.79 | 2.33% |
| 2013 | $118.31 | -1.24% |
| 2014 | $116.74 | -1.33% |
| 2015 | $102.29 | -12.38% |
| 2016 | $98.19 | -4.01% |
| 2017 | $103.17 | 5.07% |
| 2018 | $109.18 | 5.82% |
| 2019 | $107.82 | -1.25% |
| 2020 | $101.50 | -5.86% |
| 2021 | $114.68 | 12.99% |
| 2022 | $134.20 | 17.02% |
| 2023 | $130.71 | -2.60% |
| 2024 | $129.78 | -0.72%* |
* 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 | 295.943 |