According to the U.S. Bureau of Labor Statistics, prices for nondurables less food, beverages, and apparel were 8.67% higher in 2021 versus 2017 (a $1.73 difference in value).
Between 2017 and 2021: Nondurables less food, beverages, and apparel experienced an average inflation rate of 2.10% per year. This rate of change indicates significant inflation. In other words, nondurables less food, beverages, and apparel costing $20 in the year 2017 would cost $21.73 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.26% during this same period, inflation for nondurables less food, beverages, and apparel was lower.
In the year 2017: Pricing changed by 5.07%, which is above the average yearly change for nondurables less food, beverages, and apparel during the 2017-2021 time period. Compared to inflation for all items in 2017 (2.13%), inflation for nondurables less food, beverages, and apparel was higher.
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 2017. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|