Nondurables less food and apparel price inflation, 2018→2024

Nondurables Less Food And Apparel Inflation Calculator

Prices for Nondurables Less Food And Apparel, 2018-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for nondurables less food and apparel are 18.60% higher in 2024 versus 2018 (a $3.72 difference in value).

Between 2018 and 2024: Nondurables less food and apparel experienced an average inflation rate of 2.88% per year. This rate of change indicates significant inflation. In other words, nondurables less food and apparel costing $20 in the year 2018 would cost $23.72 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.76% during this same period, inflation for nondurables less food and apparel was lower.

In the year 2018: Pricing changed by 5.43%, which is above the average yearly change for nondurables less food and apparel during the 2018-2024 time period. Compared to inflation for all items in 2018 (2.44%), inflation for nondurables less food and apparel was higher.

Price Inflation for Nondurables less food and apparel since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 1980 (22.42%), 1979 (17.95%), and 1974 (16.52%).

View price changes for other categories
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Buying power of $20.00 since 2018

Below are calculations of equivalent buying power for Nondurables less food and apparel, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
2018	$20.00	5.43%
2019	$19.80	-1.02%
2020	$18.79	-5.09%
2021	$21.01	11.83%
2022	$24.34	15.83%
2023	$23.84	-2.04%
2024	$23.72	-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

Adjust nondurables less food and apparel prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2018 * 2018 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Nondurables less food and apparel was 247.803 in the year 2018 and 293.903 in 2024:

293.903 / 247.803 * $20 = $23.72

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2018 has the same "purchasing power" as $23.72 in 2024 (in the CPI category of Nondurables less food and apparel).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Nondurables less food and apparel in 1935. In addition to nondurables less food and apparel, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.