According to the U.S. Bureau of Labor Statistics, prices for nondurables less food are 18.37% higher in 2024 versus 2008 (a $3.67 difference in value).
Between 2008 and 2024: Nondurables less food experienced an average inflation rate of 1.06% per year. In other words, nondurables less food costing $20 in the year 2008 would cost $23.67 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.37% during this same period, inflation for nondurables less food was lower.
In the year 2008: Pricing changed by 7.22%, which is significantly above the average yearly change for nondurables less food during the 2008-2024 time period. Compared to inflation for all items in 2008 (3.84%), inflation for nondurables less food was much higher.
Below are calculations of equivalent buying power for Nondurables less food, over time, for $20 beginning in 2008. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2008 | $20.00 | 7.22% |
2009 | $18.39 | -8.03% |
2010 | $19.46 | 5.77% |
2011 | $21.25 | 9.22% |
2012 | $21.79 | 2.55% |
2013 | $21.65 | -0.63% |
2014 | $21.46 | -0.89% |
2015 | $19.50 | -9.14% |
2016 | $18.98 | -2.68% |
2017 | $19.64 | 3.52% |
2018 | $20.47 | 4.20% |
2019 | $20.25 | -1.07% |
2020 | $19.23 | -5.02% |
2021 | $21.11 | 9.75% |
2022 | $23.98 | 13.63% |
2023 | $23.71 | -1.14% |
2024 | $23.67 | -0.16%* |
* 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:
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 | 16.175 | 16.333 | 17.020 | 16.880 | 16.620 | 16.840 | 17.620 | 19.500 | 20.300 | 21.300 | 22.040 | 23.860 | 27.320 | 29.340 | 28.600 | 28.720 | 30.880 | 30.960 | 31.260 | 31.340 | 31.420 | 32.023 | 32.923 | 33.138 | 33.546 | 34.062 | 34.269 | 34.462 | 34.808 | 35.123 | 35.608 | 36.438 | 37.569 | 39.092 | 40.854 | 42.515 | 43.962 | 45.023 | 46.854 | 52.938 | 56.985 | 59.462 | 62.546 | 65.492 | 74.623 | 88.362 | 96.715 | 98.254 | 100.031 | 101.715 | 104.115 | 98.500 | 101.769 | 105.808 | 111.731 | 119.862 | 124.500 | 127.592 | 129.292 | 129.692 | 130.869 | 134.454 | 136.300 | 134.585 | 139.438 | 149.085 | 149.123 | 147.385 | 151.900 | 159.277 | 170.054 | 178.154 | 184.012 | 197.297 | 181.453 | 191.927 | 209.615 | 214.954 | 213.604 | 211.693 | 192.345 | 187.194 | 193.775 | 201.916 | 199.748 | 189.731 | 208.232 | 236.607 | 233.902 | 233.533 |