According to the U.S. Bureau of Labor Statistics, prices for nonprescription drugs were 4.04% lower in 2021 versus 2014 (a $0.40 difference in value).
Between 2014 and 2021: Nonprescription drugs experienced an average inflation rate of -0.59% per year. In other words, nonprescription drugs costing $10 in the year 2014 would cost $9.60 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.52% during this same period, inflation for nonprescription drugs was lower.
In the year 2014: Pricing changed by -0.82%, which is below the average yearly change for nonprescription drugs during the 2014-2021 time period. Compared to inflation for all items in 2014 (1.62%), 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 2014. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|