According to the U.S. Bureau of Labor Statistics, prices for nondurables less food and beverages are 290.75% higher in 2024 versus 1976 (a $58.15 difference in value).
Between 1976 and 2024: Nondurables less food and beverages experienced an average inflation rate of 2.88% per year. This rate of change indicates significant inflation. In other words, nondurables less food and beverages costing $20 in the year 1976 would cost $78.15 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.62% during this same period, inflation for nondurables less food and beverages was lower.
In the year 1976: Pricing changed by 4.48%, which is above the average yearly change for nondurables less food and beverages during the 1976-2024 time period. Compared to inflation for all items in 1976 (5.75%), 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 1976. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1976 | $20.00 | 4.48% |
1977 | $21.09 | 5.47% |
1978 | $22.08 | 4.68% |
1979 | $25.25 | 14.36% |
1980 | $30.06 | 19.04% |
1981 | $32.94 | 9.58% |
1982 | $33.41 | 1.42% |
1983 | $33.98 | 1.70% |
1984 | $34.53 | 1.63% |
1985 | $35.34 | 2.33% |
1986 | $33.22 | -5.98% |
1987 | $34.36 | 3.43% |
1988 | $35.73 | 3.99% |
1989 | $37.78 | 5.74% |
1990 | $40.63 | 7.54% |
1991 | $41.95 | 3.25% |
1992 | $42.97 | 2.41% |
1993 | $43.53 | 1.31% |
1994 | $43.62 | 0.22% |
1995 | $43.99 | 0.83% |
1996 | $45.18 | 2.73% |
1997 | $45.74 | 1.23% |
1998 | $45.05 | -1.51% |
1999 | $46.72 | 3.71% |
2000 | $50.07 | 7.17% |
2001 | $49.99 | -0.16% |
2002 | $49.30 | -1.39% |
2003 | $50.85 | 3.16% |
2004 | $53.40 | 5.02% |
2005 | $57.20 | 7.11% |
2006 | $60.02 | 4.93% |
2007 | $62.01 | 3.31% |
2008 | $66.65 | 7.49% |
2009 | $60.80 | -8.78% |
2010 | $64.52 | 6.12% |
2011 | $70.81 | 9.75% |
2012 | $72.64 | 2.58% |
2013 | $72.08 | -0.76% |
2014 | $71.35 | -1.01% |
2015 | $64.35 | -9.82% |
2016 | $62.43 | -2.98% |
2017 | $64.74 | 3.70% |
2018 | $67.59 | 4.40% |
2019 | $66.74 | -1.25% |
2020 | $63.02 | -5.59% |
2021 | $69.59 | 10.44% |
2022 | $79.60 | 14.38% |
2023 | $78.38 | -1.53% |
2024 | $78.15 | -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 |