According to the U.S. Bureau of Labor Statistics, prices for nondurables less food, beverages, and apparel were 14.03% lower in 2020 versus 2013 (a $2.81 difference in value).
Between 2013 and 2020: Nondurables less food, beverages, and apparel experienced an average inflation rate of -2.14% per year. This rate of change indicates significant deflation. In other words, nondurables less food, beverages, and apparel costing $20 in the year 2013 would cost $17.19 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.47% during this same period, inflation for nondurables less food, beverages, and apparel was significantly lower.
In the year 2013: Pricing changed by -1.24%, which is above the average yearly change for nondurables less food, beverages, and apparel during the 2013-2020 time period. Compared to inflation for all items in 2013 (1.46%), inflation for nondurables less food, beverages, and apparel was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Nondurables less food, beverages, and apparel:
Below are calculations of equivalent buying power for Nondurables less food, beverages, and apparel, over time, for $20 beginning in 2013. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|