According to the U.S. Bureau of Labor Statistics, prices for other goods and services were 1,245.47% higher in 2021 versus 1967 (a $224,184.35 difference in value).
Between 1967 and 2021: Other goods and services experienced an average inflation rate of 4.93% per year. This rate of change indicates significant inflation. In other words, other goods and services costing $18,000 in the year 1967 would cost $242,184.35 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 3.92% during this same period, inflation for other goods and services was higher.
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 |
| 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 | 471.811 |
Below are calculations of equivalent buying power for Other goods and services, over time, for $18000 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 | $18,000.00 | - |
| 1968 | $18,936.79 | 5.20% |
| 1969 | $19,873.57 | 4.95% |
| 1970 | $21,028.52 | 5.81% |
| 1971 | $22,025.19 | 4.74% |
| 1972 | $22,944.87 | 4.18% |
| 1973 | $23,843.16 | 3.91% |
| 1974 | $25,554.18 | 7.18% |
| 1975 | $27,688.69 | 8.35% |
| 1976 | $29,275.67 | 5.73% |
| 1977 | $30,995.25 | 5.87% |
| 1978 | $33,022.81 | 6.54% |
| 1979 | $35,431.08 | 7.29% |
| 1980 | $38,656.37 | 9.10% |
| 1981 | $42,467.68 | 9.86% |
| 1982 | $46,830.80 | 10.27% |
| 1983 | $51,946.77 | 10.92% |
| 1984 | $55,454.37 | 6.75% |
| 1985 | $58,859.32 | 6.14% |
| 1986 | $62,413.97 | 6.04% |
| 1987 | $65,938.69 | 5.65% |
| 1988 | $70,331.75 | 6.66% |
| 1989 | $75,807.03 | 7.78% |
| 1990 | $81,607.41 | 7.65% |
| 1991 | $88,083.65 | 7.94% |
| 1992 | $94,059.41 | 6.78% |
| 1993 | $99,008.56 | 5.26% |
| 1994 | $101,895.91 | 2.92% |
| 1995 | $106,182.03 | 4.21% |
| 1996 | $110,562.26 | 4.13% |
| 1997 | $115,395.91 | 4.37% |
| 1998 | $122,034.70 | 5.75% |
| 1999 | $132,557.51 | 8.62% |
| 2000 | $139,153.52 | 4.98% |
| 2001 | $145,077.95 | 4.26% |
| 2002 | $150,523.29 | 3.75% |
| 2003 | $153,346.48 | 1.88% |
| 2004 | $156,422.05 | 2.01% |
| 2005 | $160,840.78 | 2.82% |
| 2006 | $165,148.29 | 2.68% |
| 2007 | $171,097.53 | 3.60% |
| 2008 | $177,283.45 | 3.62% |
| 2009 | $189,196.51 | 6.72% |
| 2010 | $195,718.90 | 3.45% |
| 2011 | $198,768.25 | 1.56% |
| 2012 | $202,451.06 | 1.85% |
| 2013 | $205,837.36 | 1.67% |
| 2014 | $209,479.53 | 1.77% |
| 2015 | $212,970.63 | 1.67% |
| 2016 | $217,166.58 | 1.97% |
| 2017 | $222,048.86 | 2.25% |
| 2018 | $227,043.05 | 2.25% |
| 2019 | $231,647.17 | 2.03% |
| 2020 | $237,354.68 | 2.46% |
| 2021 | $242,184.35 | 2.03%* |