According to the U.S. Bureau of Labor Statistics, prices for nondurables less food, beverages, and apparel are 127.06% higher in 2024 versus 1994 (a $25.41 difference in value).
Between 1994 and 2024: Nondurables less food, beverages, and apparel experienced an average inflation rate of 2.77% per year. This rate of change indicates significant inflation. In other words, nondurables less food, beverages, and apparel costing $20 in the year 1994 would cost $45.41 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.53% during this same period, inflation for nondurables less food, beverages, and apparel was higher.
In the year 1994: Pricing changed by 0.56%, which is below the average yearly change for nondurables less food, beverages, and apparel during the 1994-2024 time period. Compared to inflation for all items in 1994 (2.60%), inflation for nondurables less food, beverages, and apparel was lower.
Below are calculations of equivalent buying power for Nondurables less food, beverages, and apparel, over time, for $20 beginning in 1994. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1994 | $20.00 | 0.56% |
| 1995 | $20.39 | 1.95% |
| 1996 | $21.26 | 4.27% |
| 1997 | $21.57 | 1.45% |
| 1998 | $21.08 | -2.27% |
| 1999 | $22.41 | 6.29% |
| 2000 | $24.93 | 11.26% |
| 2001 | $25.07 | 0.57% |
| 2002 | $24.89 | -0.72% |
| 2003 | $26.32 | 5.73% |
| 2004 | $28.22 | 7.24% |
| 2005 | $31.09 | 10.16% |
| 2006 | $33.20 | 6.78% |
| 2007 | $34.71 | 4.57% |
| 2008 | $38.18 | 9.98% |
| 2009 | $33.70 | -11.74% |
| 2010 | $36.53 | 8.41% |
| 2011 | $40.96 | 12.14% |
| 2012 | $41.92 | 2.33% |
| 2013 | $41.40 | -1.24% |
| 2014 | $40.85 | -1.33% |
| 2015 | $35.79 | -12.38% |
| 2016 | $34.36 | -4.01% |
| 2017 | $36.10 | 5.07% |
| 2018 | $38.20 | 5.82% |
| 2019 | $37.73 | -1.25% |
| 2020 | $35.52 | -5.86% |
| 2021 | $40.13 | 12.99% |
| 2022 | $46.96 | 17.02% |
| 2023 | $45.74 | -2.60% |
| 2024 | $45.41 | -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 |