Nondurables less food priced at $20 in 1962 $137.32 in 2022

Nondurables Less Food Inflation Calculator

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Prices for Nondurables Less Food, 1962-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices for nondurables less food are 586.58% higher in 2022 versus 1962 (a $117.32 difference in value).

Between 1962 and 2022: Nondurables less food experienced an average inflation rate of 3.26% per year. This rate of change indicates significant inflation. In other words, nondurables less food costing $20 in the year 1962 would cost $137.32 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.86% during this same period, inflation for nondurables less food was lower.

In the year 1962: Pricing changed by 0.56%, which is below the average yearly change for nondurables less food during the 1962-2022 time period. Compared to inflation for all items in 1962 (1.18%), inflation for nondurables less food was lower.

Price Inflation for Nondurables less food since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (18.41%), 1947 (14.50%), and 1979 (13.94%).

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Buying power of $20.00 since 1962

Below are calculations of equivalent buying power for Nondurables less food, over time, for $20 beginning in 1962. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1962$20.000.56%
1963$20.201.00%
1964$20.380.91%
1965$20.671.38%
1966$21.152.33%
1967$21.803.10%
1968$22.694.05%
1969$23.714.51%
1970$24.674.07%
1971$25.513.40%
1972$26.132.41%
1973$27.194.07%
1974$30.7212.99%
1975$33.077.64%
1976$34.514.35%
1977$36.305.19%
1978$38.014.71%
1979$43.3113.94%
1980$51.2818.41%
1981$56.139.45%
1982$57.021.59%
1983$58.051.81%
1984$59.031.68%
1985$60.422.36%
1986$57.17-5.39%
1987$59.063.32%
1988$61.413.97%
1989$64.845.60%
1990$69.567.28%
1991$72.253.87%
1992$74.052.48%
1993$75.041.33%
1994$75.270.31%
1995$75.950.91%
1996$78.032.74%
1997$79.101.37%
1998$78.11-1.26%
1999$80.923.61%
2000$86.526.92%
2001$86.540.03%
2002$85.54-1.17%
2003$88.163.06%
2004$92.444.86%
2005$98.696.77%
2006$103.394.76%
2007$106.793.29%
2008$114.507.22%
2009$105.31-8.03%
2010$111.395.77%
2011$121.659.22%
2012$124.752.55%
2013$123.97-0.63%
2014$122.86-0.89%
2015$111.63-9.14%
2016$108.64-2.68%
2017$112.463.52%
2018$117.184.20%
2019$115.93-1.07%
2020$110.11-5.02%
2021$120.859.75%
2022$137.3213.63%*

* 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:

Year1935193619371938193919401941194219431944194519461947194819491950195119521953195419551956195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI16.17516.33317.02016.88016.62016.84017.62019.50020.30021.30022.04023.86027.32029.34028.60028.72030.88030.96031.26031.34031.42032.02332.92333.13833.54634.06234.26934.46234.80835.12335.60836.43837.56939.09240.85442.51543.96245.02346.85452.93856.98559.46262.54665.49274.62388.36296.71598.254100.031101.715104.11598.500101.769105.808111.731119.862124.500127.592129.292129.692130.869134.454136.300134.585139.438149.085149.123147.385151.900159.277170.054178.154184.012197.297181.453191.927209.615214.954213.604211.693192.345187.194193.775201.916199.748189.731208.232236.607

Adjust nondurables less food prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1962 * 1962 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Nondurables less food was 34.462 in the year 1962 and 236.607 in 2022:

236.607 / 34.462 * $20 = $137.32

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1962 has the same "purchasing power" as $137.32 in 2022 (in the CPI category of Nondurables less food).


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

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