Nondurables less food priced at $20 in 2003 $30.67 in 2024

Nondurables Less Food Inflation Calculator

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Prices for Nondurables Less Food, 2003-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for nondurables less food are 53.34% higher in 2024 versus 2003 (a $10.67 difference in value).

Between 2003 and 2024: Nondurables less food experienced an average inflation rate of 2.06% per year. This rate of change indicates significant inflation. In other words, nondurables less food costing $20 in the year 2003 would cost $30.67 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.57% during this same period, inflation for nondurables less food was lower.

In the year 2003: Pricing changed by 3.06%, which is above the average yearly change for nondurables less food during the 2003-2024 time period. Compared to inflation for all items in 2003 (2.27%), inflation for nondurables less food was higher.

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 2003

Below are calculations of equivalent buying power for Nondurables less food, over time, for $20 beginning in 2003. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2003$20.003.06%
2004$20.974.86%
2005$22.396.77%
2006$23.464.76%
2007$24.233.29%
2008$25.987.22%
2009$23.89-8.03%
2010$25.275.77%
2011$27.609.22%
2012$28.302.55%
2013$28.12-0.63%
2014$27.87-0.89%
2015$25.33-9.14%
2016$24.65-2.68%
2017$25.513.52%
2018$26.594.20%
2019$26.30-1.07%
2020$24.98-5.02%
2021$27.429.75%
2022$31.1513.63%
2023$30.80-1.14%
2024$30.67-0.42%*

* 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:

Year193519361937193819391940194119421943194419451946194719481949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI16.17516.33317.02016.88016.62016.84017.62019.50020.30021.30022.04023.86027.32029.34028.60028.72030.88030.96031.26031.34031.42032.02332.92333.13833.54634.06234.26934.46234.80835.12335.60836.43837.56939.09240.85442.51543.96245.02346.85452.93856.98559.46262.54665.49274.62388.36296.71598.254100.031101.715104.11598.500101.769105.808111.731119.862124.500127.592129.292129.692130.869134.454136.300134.585139.438149.085149.123147.385151.900159.277170.054178.154184.012197.297181.453191.927209.615214.954213.604211.693192.345187.194193.775201.916199.748189.731208.232236.607233.902232.927

Adjust nondurables less food prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2003 * 2003 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Nondurables less food was 151.900 in the year 2003 and 232.927 in 2024:

232.927 / 151.900 * $20 = $30.67

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2003 has the same "purchasing power" as $30.67 in 2024 (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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