According to the U.S. Bureau of Labor Statistics, prices for nondurables less food were 7.20% lower in 2020 versus 2011 (a $1.44 difference in value).
Between 2011 and 2020: Nondurables less food experienced an average inflation rate of -0.83% per year. In other words, nondurables less food costing $20 in the year 2011 would cost $18.56 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.53% during this same period, inflation for nondurables less food was lower.
In the year 2011: Pricing changed by 9.17%, which is significantly above the average yearly change for nondurables less food during the 2011-2020 time period. Compared to inflation for all items in 2011 (3.16%), inflation for nondurables less food was much higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Nondurables less food:
Below are calculations of equivalent buying power for Nondurables less food, over time, for $20 beginning in 2011. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|