According to the U.S. Bureau of Labor Statistics, prices for other goods and services are 1,315.95% higher in 2022 versus 1967 (a $4,605,840.30 difference in value).
Between 1967 and 2022: Other goods and services experienced an average inflation rate of 4.94% per year. This rate of change indicates significant inflation. In other words, other goods and services costing $350,000 in the year 1967 would cost $4,955,840.30 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.98% during this same period, inflation for other goods and services was higher.
Below are calculations of equivalent buying power for Other goods and services, over time, for $350,000 beginning in 1967. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1967 | $350,000.00 | - |
| 1968 | $368,215.30 | 5.20% |
| 1969 | $386,430.61 | 4.95% |
| 1970 | $408,887.83 | 5.81% |
| 1971 | $428,267.59 | 4.74% |
| 1972 | $446,150.19 | 4.18% |
| 1973 | $463,616.92 | 3.91% |
| 1974 | $496,886.88 | 7.18% |
| 1975 | $538,391.16 | 8.35% |
| 1976 | $569,249.05 | 5.73% |
| 1977 | $602,685.36 | 5.87% |
| 1978 | $642,110.27 | 6.54% |
| 1979 | $688,937.74 | 7.29% |
| 1980 | $751,651.62 | 9.10% |
| 1981 | $825,760.46 | 9.86% |
| 1982 | $910,598.86 | 10.27% |
| 1983 | $1,010,076.05 | 10.92% |
| 1984 | $1,078,279.47 | 6.75% |
| 1985 | $1,144,486.69 | 6.14% |
| 1986 | $1,213,605.04 | 6.04% |
| 1987 | $1,282,141.16 | 5.65% |
| 1988 | $1,367,561.79 | 6.66% |
| 1989 | $1,474,025.67 | 7.78% |
| 1990 | $1,586,810.84 | 7.65% |
| 1991 | $1,712,737.64 | 7.94% |
| 1992 | $1,828,932.98 | 6.78% |
| 1993 | $1,925,166.35 | 5.26% |
| 1994 | $1,981,309.41 | 2.92% |
| 1995 | $2,064,650.67 | 4.21% |
| 1996 | $2,149,821.77 | 4.13% |
| 1997 | $2,243,809.41 | 4.37% |
| 1998 | $2,372,896.86 | 5.75% |
| 1999 | $2,577,507.13 | 8.62% |
| 2000 | $2,705,762.83 | 4.98% |
| 2001 | $2,820,960.08 | 4.26% |
| 2002 | $2,926,841.73 | 3.75% |
| 2003 | $2,981,737.17 | 1.88% |
| 2004 | $3,041,539.92 | 2.01% |
| 2005 | $3,127,459.60 | 2.82% |
| 2006 | $3,211,216.73 | 2.68% |
| 2007 | $3,326,896.39 | 3.60% |
| 2008 | $3,447,178.11 | 3.62% |
| 2009 | $3,678,821.06 | 6.72% |
| 2010 | $3,805,645.32 | 3.45% |
| 2011 | $3,864,938.21 | 1.56% |
| 2012 | $3,936,548.48 | 1.85% |
| 2013 | $4,002,393.06 | 1.67% |
| 2014 | $4,073,213.17 | 1.77% |
| 2015 | $4,141,095.53 | 1.67% |
| 2016 | $4,222,683.46 | 1.97% |
| 2017 | $4,317,616.80 | 2.25% |
| 2018 | $4,414,726.00 | 2.25% |
| 2019 | $4,504,250.48 | 2.03% |
| 2020 | $4,615,229.92 | 2.46% |
| 2021 | $4,759,224.81 | 3.12% |
| 2022 | $4,955,840.30 | 4.13%* |
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Other goods and services:
| Year | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| CPI | 35.067 | 36.892 | 38.717 | 40.967 | 42.908 | 44.700 | 46.450 | 49.783 | 53.942 | 57.033 | 60.383 | 64.333 | 69.025 | 75.308 | 82.733 | 91.233 | 101.200 | 108.033 | 114.667 | 121.592 | 128.458 | 137.017 | 147.683 | 158.983 | 171.600 | 183.242 | 192.883 | 198.508 | 206.858 | 215.392 | 224.808 | 237.742 | 258.242 | 271.092 | 282.633 | 293.242 | 298.742 | 304.733 | 313.342 | 321.733 | 333.323 | 345.374 | 368.583 | 381.289 | 387.230 | 394.405 | 401.002 | 408.097 | 414.898 | 423.073 | 432.584 | 442.314 | 451.283 | 462.402 | 476.829 | 496.528 |