According to the U.S. Bureau of Labor Statistics, prices for nondurables less food and apparel are 110.58% higher in 2024 versus 1998 (a $22.12 difference in value).
Between 1998 and 2024: Nondurables less food and apparel experienced an average inflation rate of 2.91% per year. This rate of change indicates significant inflation. In other words, nondurables less food and apparel costing $20 in the year 1998 would cost $42.12 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.55% during this same period, inflation for nondurables less food and apparel was higher.
In the year 1998: Pricing changed by -1.85%, which is significantly below the average yearly change for nondurables less food and apparel during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation for nondurables less food and apparel was much lower.
Below are calculations of equivalent buying power for Nondurables less food and apparel, over time, for $20 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1998 | $20.00 | -1.85% |
1999 | $21.19 | 5.95% |
2000 | $23.41 | 10.49% |
2001 | $23.59 | 0.75% |
2002 | $23.47 | -0.50% |
2003 | $24.73 | 5.36% |
2004 | $26.42 | 6.84% |
2005 | $28.91 | 9.43% |
2006 | $30.74 | 6.33% |
2007 | $32.10 | 4.45% |
2008 | $35.13 | 9.41% |
2009 | $31.43 | -10.54% |
2010 | $33.86 | 7.73% |
2011 | $37.67 | 11.26% |
2012 | $38.54 | 2.31% |
2013 | $38.14 | -1.03% |
2014 | $37.70 | -1.16% |
2015 | $33.44 | -11.30% |
2016 | $32.26 | -3.53% |
2017 | $33.78 | 4.71% |
2018 | $35.61 | 5.43% |
2019 | $35.25 | -1.02% |
2020 | $33.45 | -5.09% |
2021 | $37.41 | 11.83% |
2022 | $43.33 | 15.83% |
2023 | $42.45 | -2.04% |
2024 | $42.12 | -0.79%* |
* 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 | 293.074 |