Nonprescription drugs priced at $10 in 2016 $10.31 in 2022

Nonprescription Drugs Inflation Calculator

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Prices for Nonprescription Drugs, 2016-2022 ($10)

According to the U.S. Bureau of Labor Statistics, prices for nonprescription drugs are 3.13% higher in 2022 versus 2016 (a $0.31 difference in value).

Between 2016 and 2022: Nonprescription drugs experienced an average inflation rate of 0.51% per year. In other words, nonprescription drugs costing $10 in the year 2016 would cost $10.31 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.31% during this same period, inflation for nonprescription drugs was lower.

In the year 2016: Pricing changed by -1.17%, which is below the average yearly change for nonprescription drugs during the 2016-2022 time period. Compared to inflation for all items in 2016 (1.26%), inflation for nonprescription drugs was lower.

Price Inflation for Nonprescription drugs since 2009

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2022 (3.95%), 2011 (-1.34%), and 2016 (-1.17%).

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Buying power of $10.00 since 2016

Below are calculations of equivalent buying power for Nonprescription drugs, over time, for $10 beginning in 2016. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2016$10.00-1.17%
2017$10.080.82%
2018$10.03-0.51%
2019$10.070.38%
2020$9.98-0.86%
2021$9.92-0.60%
2022$10.313.95%*

* 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 Nonprescription drugs:

Year20092010201120122013201420152016201720182019202020212022
CPI100.00099.95898.62299.33899.35698.53797.77296.63097.42496.92397.28796.44795.87299.654

Adjust nonprescription drugs prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2016 * 2016 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Nonprescription drugs was 96.630 in the year 2016 and 99.654 in 2022:

99.654 / 96.630 * $10 = $10.31

Therefore, according to U.S. Bureau of Labor Statistics, $10 in 2016 has the same "purchasing power" as $10.31 in 2022 (in the CPI category of Nonprescription drugs).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Nonprescription drugs in 2009. In addition to nonprescription drugs, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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