According to the U.S. Bureau of Labor Statistics, prices for nondurables less food and apparel are 1,140.10% higher in 2024 versus 1948 (a $228.02 difference in value).
Between 1948 and 2024: Nondurables less food and apparel experienced an average inflation rate of 3.37% per year. This rate of change indicates significant inflation. In other words, nondurables less food and apparel costing $20 in the year 1948 would cost $248.02 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.44% during this same period, inflation for nondurables less food and apparel was lower.
In the year 1948: Pricing changed by 8.92%, which is significantly above the average yearly change for nondurables less food and apparel during the 1948-2024 time period. Compared to inflation for all items in 1948 (7.72%), inflation for nondurables less food and apparel was higher.
Below are calculations of equivalent buying power for Nondurables less food and apparel, over time, for $20 beginning in 1948. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1948 | $20.00 | 8.92% |
| 1949 | $19.93 | -0.34% |
| 1950 | $20.15 | 1.10% |
| 1951 | $21.38 | 6.11% |
| 1952 | $21.76 | 1.74% |
| 1953 | $22.35 | 2.72% |
| 1954 | $22.53 | 0.83% |
| 1955 | $22.62 | 0.37% |
| 1956 | $23.17 | 2.44% |
| 1957 | $24.05 | 3.81% |
| 1958 | $24.32 | 1.13% |
| 1959 | $24.65 | 1.33% |
| 1960 | $25.03 | 1.55% |
| 1961 | $25.15 | 0.49% |
| 1962 | $25.36 | 0.80% |
| 1963 | $25.62 | 1.05% |
| 1964 | $25.86 | 0.94% |
| 1965 | $26.29 | 1.66% |
| 1966 | $26.86 | 2.17% |
| 1967 | $27.54 | 2.54% |
| 1968 | $28.41 | 3.16% |
| 1969 | $29.46 | 3.68% |
| 1970 | $30.61 | 3.92% |
| 1971 | $31.72 | 3.63% |
| 1972 | $32.56 | 2.64% |
| 1973 | $33.99 | 4.39% |
| 1974 | $39.60 | 16.52% |
| 1975 | $43.47 | 9.75% |
| 1976 | $45.63 | 4.97% |
| 1977 | $48.27 | 5.79% |
| 1978 | $50.93 | 5.51% |
| 1979 | $60.07 | 17.95% |
| 1980 | $73.54 | 22.42% |
| 1981 | $81.67 | 11.05% |
| 1982 | $82.91 | 1.53% |
| 1983 | $84.38 | 1.76% |
| 1984 | $85.89 | 1.79% |
| 1985 | $87.89 | 2.34% |
| 1986 | $81.82 | -6.91% |
| 1987 | $84.60 | 3.40% |
| 1988 | $87.78 | 3.76% |
| 1989 | $93.96 | 7.04% |
| 1990 | $102.04 | 8.61% |
| 1991 | $106.11 | 3.98% |
| 1992 | $108.78 | 2.51% |
| 1993 | $110.30 | 1.40% |
| 1994 | $111.02 | 0.65% |
| 1995 | $113.13 | 1.91% |
| 1996 | $117.74 | 4.07% |
| 1997 | $119.66 | 1.63% |
| 1998 | $117.45 | -1.85% |
| 1999 | $124.43 | 5.95% |
| 2000 | $137.48 | 10.49% |
| 2001 | $138.51 | 0.75% |
| 2002 | $137.83 | -0.50% |
| 2003 | $145.21 | 5.36% |
| 2004 | $155.13 | 6.84% |
| 2005 | $169.76 | 9.43% |
| 2006 | $180.50 | 6.33% |
| 2007 | $188.53 | 4.45% |
| 2008 | $206.28 | 9.41% |
| 2009 | $184.55 | -10.54% |
| 2010 | $198.82 | 7.73% |
| 2011 | $221.20 | 11.26% |
| 2012 | $226.31 | 2.31% |
| 2013 | $223.97 | -1.03% |
| 2014 | $221.38 | -1.16% |
| 2015 | $196.35 | -11.30% |
| 2016 | $189.43 | -3.53% |
| 2017 | $198.35 | 4.71% |
| 2018 | $209.12 | 5.43% |
| 2019 | $206.99 | -1.02% |
| 2020 | $196.45 | -5.09% |
| 2021 | $219.70 | 11.83% |
| 2022 | $254.48 | 15.83% |
| 2023 | $249.28 | -2.04% |
| 2024 | $248.02 | -0.50%* |
* 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 and apparel:
| Year | 1935 | 1936 | 1937 | 1938 | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 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 | 14.800 | 14.983 | 15.360 | 15.300 | 15.120 | 15.260 | 15.860 | 16.760 | 17.420 | 17.840 | 18.220 | 19.160 | 21.760 | 23.700 | 23.620 | 23.880 | 25.340 | 25.780 | 26.480 | 26.700 | 26.800 | 27.454 | 28.500 | 28.823 | 29.208 | 29.662 | 29.808 | 30.046 | 30.362 | 30.646 | 31.154 | 31.831 | 32.638 | 33.669 | 34.908 | 36.277 | 37.592 | 38.585 | 40.277 | 46.931 | 51.508 | 54.069 | 57.200 | 60.354 | 71.185 | 87.146 | 96.777 | 98.254 | 99.985 | 101.777 | 104.154 | 96.954 | 100.246 | 104.015 | 111.338 | 120.923 | 125.738 | 128.900 | 130.708 | 131.554 | 134.062 | 139.523 | 141.800 | 139.177 | 147.454 | 162.915 | 164.138 | 163.323 | 172.069 | 183.831 | 201.162 | 213.892 | 223.411 | 244.443 | 218.687 | 235.601 | 262.123 | 268.175 | 265.402 | 262.332 | 232.681 | 224.472 | 235.044 | 247.803 | 245.281 | 232.796 | 260.339 | 301.554 | 295.393 | 293.903 |