According to the U.S. Bureau of Labor Statistics, prices for nondurables less food, beverages, and apparel were 8.12% lower in 2021 versus 2014 (a $1.62 difference in value).
Between 2014 and 2021: Nondurables less food, beverages, and apparel experienced an average inflation rate of -1.20% per year. In other words, nondurables less food, beverages, and apparel costing $20 in the year 2014 would cost $18.38 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.52% during this same period, inflation for nondurables less food, beverages, and apparel was lower.
In the year 2014: Pricing changed by -1.33%, which is below the average yearly change for nondurables less food, beverages, and apparel during the 2014-2021 time period. Compared to inflation for all items in 2014 (1.62%), 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 2014. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|