According to the U.S. Bureau of Labor Statistics, prices for other goods and services are 1,472.28% higher in 2024 versus 1967 (a $2,723,720,046,082.95 difference in value).
Between 1967 and 2024: Other goods and services experienced an average inflation rate of 4.95% per year. This rate of change indicates significant inflation. In other words, other goods and services costing $185,000,000,000 in the year 1967 would cost $2,908,720,046,082.95 in 2024 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 $185,000,000,000 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 | $185,000,000,000.00 | - |
1968 | $194,662,058,371.74 | 5.22% |
1969 | $204,242,922,975.64 | 4.92% |
1970 | $216,097,213,078.78 | 5.80% |
1971 | $226,327,627,825.32 | 4.73% |
1972 | $235,949,089,313.14 | 4.25% |
1973 | $245,083,388,193.99 | 3.87% |
1974 | $262,743,032,696.95 | 7.21% |
1975 | $284,584,156,243.14 | 8.31% |
1976 | $300,985,297,344.74 | 5.76% |
1977 | $318,644,941,847.71 | 5.87% |
1978 | $339,024,577,572.96 | 6.40% |
1979 | $363,829,273,644.94 | 7.32% |
1980 | $396,753,346,499.89 | 9.05% |
1981 | $436,132,323,897.30 | 9.93% |
1982 | $480,951,283,739.30 | 10.28% |
1983 | $533,280,667,105.55 | 10.88% |
1984 | $569,127,715,602.37 | 6.72% |
1985 | $604,162,826,420.89 | 6.16% |
1986 | $640,740,618,828.18 | 6.05% |
1987 | $678,049,155,145.93 | 5.82% |
1988 | $723,233,486,943.16 | 6.66% |
1989 | $779,378,977,397.41 | 7.76% |
1990 | $838,975,202,984.42 | 7.65% |
1991 | $905,635,286,372.61 | 7.95% |
1992 | $967,180,162,387.54 | 6.80% |
1993 | $1,018,048,057,932.85 | 5.26% |
1994 | $1,047,724,380,074.61 | 2.92% |
1995 | $1,091,690,805,354.40 | 4.20% |
1996 | $1,136,834,540,267.72 | 4.14% |
1997 | $1,186,443,932,411.67 | 4.36% |
1998 | $1,254,687,294,272.55 | 5.75% |
1999 | $1,363,040,377,441.30 | 8.64% |
2000 | $1,430,593,592,275.62 | 4.96% |
2001 | $1,491,610,708,799.65 | 4.27% |
2002 | $1,547,593,811,718.24 | 3.75% |
2003 | $1,576,539,389,949.53 | 1.87% |
2004 | $1,608,245,556,287.03 | 2.01% |
2005 | $1,653,754,663,155.58 | 2.83% |
2006 | $1,697,842,879,087.12 | 2.67% |
2007 | $1,759,171,779,679.61 | 3.61% |
2008 | $1,822,782,631,116.96 | 3.62% |
2009 | $1,945,245,973,228.00 | 6.72% |
2010 | $2,012,301,470,265.53 | 3.45% |
2011 | $2,043,613,440,860.22 | 1.56% |
2012 | $2,081,455,826,201.45 | 1.85% |
2013 | $2,116,324,489,795.92 | 1.68% |
2014 | $2,153,771,461,487.82 | 1.77% |
2015 | $2,189,661,136,712.75 | 1.67% |
2016 | $2,232,806,287,030.94 | 1.97% |
2017 | $2,283,003,522,053.98 | 2.25% |
2018 | $2,334,351,678,736.01 | 2.25% |
2019 | $2,381,688,863,287.25 | 2.03% |
2020 | $2,440,370,847,048.50 | 2.46% |
2021 | $2,516,510,302,830.81 | 3.12% |
2022 | $2,672,558,635,066.93 | 6.20% |
2023 | $2,835,460,533,245.56 | 6.10% |
2024 | $2,908,720,046,082.95 | 2.58%* |
* 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 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 | 2023 | 2024 |
CPI | 35.054 | 36.885 | 38.700 | 40.946 | 42.885 | 44.708 | 46.438 | 49.785 | 53.923 | 57.031 | 60.377 | 64.238 | 68.938 | 75.177 | 82.638 | 91.131 | 101.046 | 107.838 | 114.477 | 121.408 | 128.477 | 137.038 | 147.677 | 158.969 | 171.600 | 183.262 | 192.900 | 198.523 | 206.854 | 215.408 | 224.808 | 237.738 | 258.269 | 271.069 | 282.631 | 293.238 | 298.723 | 304.731 | 313.354 | 321.708 | 333.328 | 345.381 | 368.586 | 381.291 | 387.224 | 394.395 | 401.002 | 408.097 | 414.898 | 423.073 | 432.584 | 442.314 | 451.283 | 462.402 | 476.829 | 506.397 | 537.264 | 551.145 |