Nondurables less food, beverages, and apparel priced at $20 in 2004 $32.18 in 2024

Nondurables Less Food, Beverages, And Apparel Inflation Calculator

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Prices for Nondurables Less Food, Beverages, And Apparel, 2004-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for nondurables less food, beverages, and apparel are 60.91% higher in 2024 versus 2004 (a $12.18 difference in value).

Between 2004 and 2024: Nondurables less food, beverages, and apparel experienced an average inflation rate of 2.41% per year. This rate of change indicates significant inflation. In other words, nondurables less food, beverages, and apparel costing $20 in the year 2004 would cost $32.18 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.56% during this same period, inflation for nondurables less food, beverages, and apparel was lower.

In the year 2004: Pricing changed by 7.24%, which is significantly above the average yearly change for nondurables less food, beverages, and apparel during the 2004-2024 time period. Compared to inflation for all items in 2004 (2.68%), inflation for nondurables less food, beverages, and apparel was much higher.

Price Inflation for Nondurables less food, beverages, and apparel since 1967

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (23.63%), 1979 (18.86%), and 1974 (18.23%).

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Buying power of $20.00 since 2004

Below are calculations of equivalent buying power for Nondurables less food, beverages, and apparel, over time, for $20 beginning in 2004. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2004$20.007.24%
2005$22.0310.16%
2006$23.536.78%
2007$24.604.57%
2008$27.069.98%
2009$23.88-11.74%
2010$25.898.41%
2011$29.0312.14%
2012$29.712.33%
2013$29.34-1.24%
2014$28.95-1.33%
2015$25.37-12.38%
2016$24.35-4.01%
2017$25.585.07%
2018$27.075.82%
2019$26.74-1.25%
2020$25.17-5.86%
2021$28.4412.99%
2022$33.2817.02%
2023$32.41-2.60%
2024$32.18-0.72%*

* 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:

Year1967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI31.21532.18533.37734.61535.83836.80038.57745.60850.26952.90056.23159.34670.53887.20897.10098.37799.954101.692104.00095.89299.515103.223110.962121.138124.815127.877129.615130.338132.877138.554140.562137.377146.015162.454163.377162.208171.500183.915202.600216.338226.224248.809219.592238.053266.957273.168269.790266.212233.268223.909235.272248.961245.860231.457261.519306.029298.077295.943

Adjust nondurables less food, beverages, and apparel prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2004 * 2004 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Nondurables less food, beverages, and apparel was 183.915 in the year 2004 and 295.943 in 2024:

295.943 / 183.915 * $20 = $32.18

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2004 has the same "purchasing power" as $32.18 in 2024 (in the CPI category of Nondurables less food, beverages, and apparel).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Nondurables less food, beverages, and apparel in 1967. In addition to nondurables less food, beverages, and apparel, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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