Nonprescription drugs priced at $10 in 2019 $10.03 in 2022

Nonprescription Drugs Inflation Calculator

$

Prices for Nonprescription Drugs, 2019-2022 ($10)

According to the U.S. Bureau of Labor Statistics, prices for nonprescription drugs are 0.32% higher in 2022 versus 2019 (a $0.03 difference in value).

Between 2019 and 2022: Nonprescription drugs experienced an average inflation rate of 0.11% per year. In other words, nonprescription drugs costing $10 in the year 2019 would cost $10.03 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.73% during this same period, inflation for nonprescription drugs was significantly lower.

In the year 2019: Pricing changed by 0.38%, which is above the average yearly change for nonprescription drugs during the 2019-2022 time period. Compared to inflation for all items in 2019 (1.81%), 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 (1.80%), 2011 (-1.34%), and 2016 (-1.17%).

View price changes for other categories
Parking fees and tolls · Legal services · Hospital services · Financial services · More

Buying power of $10.00 since 2019

Below are calculations of equivalent buying power for Nonprescription drugs, over time, for $10 beginning in 2019. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2019 $10.00 0.38%
2020 $9.91 -0.86%
2021 $9.85 -0.60%
2022 $10.03 1.80%*
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Nonprescription drugs:

Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
CPI 100.000 99.958 98.622 99.338 99.356 98.537 97.772 96.630 97.424 96.923 97.287 96.447 95.872 97.600

Adjust nonprescription drugs prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2019 * 2019 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Nonprescription drugs was 97.287 in the year 2019 and 97.600 in 2022:

97.600 / 97.287 * $10 = $10.03

Therefore, according to U.S. Bureau of Labor Statistics, $10 in 2019 has the same "purchasing power" as $10.03 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.

» Read more about inflation and investment.