According to the U.S. Bureau of Labor Statistics, prices for nondurables less food and beverages are 451.02% higher in 2024 versus 1970 (a $90.20 difference in value).
Between 1970 and 2024: Nondurables less food and beverages experienced an average inflation rate of 3.21% per year. This rate of change indicates significant inflation. In other words, nondurables less food and beverages costing $20 in the year 1970 would cost $110.20 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.94% during this same period, inflation for nondurables less food and beverages was lower.
In the year 1970: Pricing changed by 3.91%, which is above the average yearly change for nondurables less food and beverages during the 1970-2024 time period. Compared to inflation for all items in 1970 (5.83%), inflation for nondurables less food and beverages was lower.
Below are calculations of equivalent buying power for Nondurables less food and beverages, over time, for $20 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1970 | $20.00 | 3.91% |
1971 | $20.67 | 3.37% |
1972 | $21.17 | 2.41% |
1973 | $22.09 | 4.33% |
1974 | $25.09 | 13.58% |
1975 | $26.99 | 7.59% |
1976 | $28.20 | 4.48% |
1977 | $29.75 | 5.47% |
1978 | $31.14 | 4.68% |
1979 | $35.61 | 14.36% |
1980 | $42.39 | 19.04% |
1981 | $46.45 | 9.58% |
1982 | $47.11 | 1.42% |
1983 | $47.91 | 1.70% |
1984 | $48.69 | 1.63% |
1985 | $49.83 | 2.33% |
1986 | $46.85 | -5.98% |
1987 | $48.46 | 3.43% |
1988 | $50.39 | 3.99% |
1989 | $53.28 | 5.74% |
1990 | $57.30 | 7.54% |
1991 | $59.16 | 3.25% |
1992 | $60.59 | 2.41% |
1993 | $61.39 | 1.31% |
1994 | $61.52 | 0.22% |
1995 | $62.03 | 0.83% |
1996 | $63.72 | 2.73% |
1997 | $64.50 | 1.23% |
1998 | $63.52 | -1.51% |
1999 | $65.88 | 3.71% |
2000 | $70.60 | 7.17% |
2001 | $70.49 | -0.16% |
2002 | $69.52 | -1.39% |
2003 | $71.71 | 3.16% |
2004 | $75.31 | 5.02% |
2005 | $80.66 | 7.11% |
2006 | $84.64 | 4.93% |
2007 | $87.45 | 3.31% |
2008 | $93.99 | 7.49% |
2009 | $85.74 | -8.78% |
2010 | $90.99 | 6.12% |
2011 | $99.85 | 9.75% |
2012 | $102.43 | 2.58% |
2013 | $101.65 | -0.76% |
2014 | $100.62 | -1.01% |
2015 | $90.74 | -9.82% |
2016 | $88.04 | -2.98% |
2017 | $91.29 | 3.70% |
2018 | $95.32 | 4.40% |
2019 | $94.12 | -1.25% |
2020 | $88.86 | -5.59% |
2021 | $98.14 | 10.44% |
2022 | $112.25 | 14.38% |
2023 | $110.53 | -1.53% |
2024 | $110.20 | -0.30%* |
* 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 beverages:
Year | 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 | 36.877 | 38.392 | 40.177 | 41.746 | 43.154 | 44.192 | 46.108 | 52.369 | 56.346 | 58.869 | 62.092 | 65.000 | 74.331 | 88.485 | 96.962 | 98.338 | 100.008 | 101.638 | 104.008 | 97.792 | 101.146 | 105.177 | 111.215 | 119.600 | 123.492 | 126.469 | 128.131 | 128.408 | 129.469 | 133.000 | 134.631 | 132.592 | 137.508 | 147.369 | 147.138 | 145.100 | 149.685 | 157.192 | 168.369 | 176.677 | 182.526 | 196.192 | 178.959 | 189.916 | 208.427 | 213.804 | 212.176 | 210.029 | 189.406 | 183.769 | 190.560 | 198.952 | 196.460 | 185.487 | 204.850 | 234.298 | 230.720 | 230.031 |