According to the U.S. Bureau of Labor Statistics, prices for nonprescription drugs were 0.70% lower in 2020 versus 2018 (a $0.07 difference in value).
Between 2018 and 2020: Nonprescription drugs experienced an average inflation rate of -0.35% per year. In other words, nonprescription drugs costing $10 in the year 2018 would cost $9.93 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.37% during this same period, inflation for nonprescription drugs was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Nonprescription drugs:
Below are calculations of equivalent buying power for Nonprescription drugs, over time, for $10 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|