Nonprescription drugs priced at $10 in 2019 $10.52 in 2023

Nonprescription Drugs Inflation Calculator

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Prices for Nonprescription Drugs, 2019-2023 ($10)

According to the U.S. Bureau of Labor Statistics, prices for nonprescription drugs are 5.22% higher in 2023 versus 2019 (a $0.52 difference in value).

Between 2019 and 2023: Nonprescription drugs experienced an average inflation rate of 1.28% per year. In other words, nonprescription drugs costing $10 in the year 2019 would cost $10.52 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 4.19% during this same period, inflation for nonprescription drugs was lower.

In the year 2019: Pricing changed by 0.38%, which is below the average yearly change for nonprescription drugs during the 2019-2023 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 (4.38%), 2023 (2.29%), and 2011 (-1.34%).

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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:

YearUSD ValueInflation Rate
2019$10.000.38%
2020$9.91-0.86%
2021$9.85-0.60%
2022$10.294.38%
2023$10.522.29%*

* 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:

Year200920102011201220132014201520162017201820192020202120222023
CPI100.00099.95898.62299.33899.35698.53797.77296.63097.42496.92397.28796.44795.872100.075102.362

Adjust nonprescription drugs prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 2019 * 2019 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Nonprescription drugs was 97.287 in the year 2019 and 102.362 in 2023:

102.362 / 97.287 * $10 = $10.52

Therefore, according to U.S. Bureau of Labor Statistics, $10 in 2019 has the same "purchasing power" as $10.52 in 2023 (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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