According to the U.S. Bureau of Labor Statistics, prices for other goods and services are 1,112.03% higher in 2022 versus 1970 (a $2,224,058.58 difference in value).
Between 1970 and 2022: Other goods and services experienced an average inflation rate of 4.91% per year. This rate of change indicates significant inflation. In other words, other goods and services costing $200,000 in the year 1970 would cost $2,424,058.58 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.91% during this same period, inflation for other goods and services was higher.
In the year 1970: Pricing changed by 5.81%, which is above the average yearly change for other goods and services during the 1970-2022 time period. Compared to inflation for all items in 1970 (5.83%), inflation for other goods and services was lower.
Below are calculations of equivalent buying power for Other goods and services, over time, for $200,000 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1970 | $200,000.00 | 5.81% |
| 1971 | $209,479.25 | 4.74% |
| 1972 | $218,226.20 | 4.18% |
| 1973 | $226,769.73 | 3.91% |
| 1974 | $243,043.12 | 7.18% |
| 1975 | $263,344.18 | 8.35% |
| 1976 | $278,437.75 | 5.73% |
| 1977 | $294,792.51 | 5.87% |
| 1978 | $314,076.48 | 6.54% |
| 1979 | $336,981.29 | 7.29% |
| 1980 | $367,656.63 | 9.10% |
| 1981 | $403,905.61 | 9.86% |
| 1982 | $445,402.77 | 10.27% |
| 1983 | $494,060.21 | 10.92% |
| 1984 | $527,420.67 | 6.75% |
| 1985 | $559,804.72 | 6.14% |
| 1986 | $593,612.69 | 6.04% |
| 1987 | $627,135.88 | 5.65% |
| 1988 | $668,917.82 | 6.66% |
| 1989 | $720,992.68 | 7.78% |
| 1990 | $776,159.48 | 7.65% |
| 1991 | $837,754.27 | 7.94% |
| 1992 | $894,589.10 | 6.78% |
| 1993 | $941,659.89 | 5.26% |
| 1994 | $969,121.24 | 2.92% |
| 1995 | $1,009,886.09 | 4.21% |
| 1996 | $1,051,545.97 | 4.13% |
| 1997 | $1,097,518.31 | 4.37% |
| 1998 | $1,160,659.07 | 5.75% |
| 1999 | $1,260,740.44 | 8.62% |
| 2000 | $1,323,474.37 | 4.98% |
| 2001 | $1,379,820.99 | 4.26% |
| 2002 | $1,431,611.07 | 3.75% |
| 2003 | $1,458,462.16 | 1.88% |
| 2004 | $1,487,713.59 | 2.01% |
| 2005 | $1,529,739.63 | 2.82% |
| 2006 | $1,570,707.89 | 2.68% |
| 2007 | $1,627,290.48 | 3.60% |
| 2008 | $1,686,124.08 | 3.62% |
| 2009 | $1,799,427.99 | 6.72% |
| 2010 | $1,861,461.76 | 3.45% |
| 2011 | $1,890,463.79 | 1.56% |
| 2012 | $1,925,490.64 | 1.85% |
| 2013 | $1,957,697.31 | 1.67% |
| 2014 | $1,992,337.67 | 1.77% |
| 2015 | $2,025,541.09 | 1.67% |
| 2016 | $2,065,448.33 | 1.97% |
| 2017 | $2,111,883.24 | 2.25% |
| 2018 | $2,159,382.42 | 2.25% |
| 2019 | $2,203,171.68 | 2.03% |
| 2020 | $2,257,455.25 | 2.46% |
| 2021 | $2,327,887.71 | 3.12% |
| 2022 | $2,424,058.58 | 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 |