According to the U.S. Bureau of Labor Statistics, prices for other goods and services are 1,273.34% higher in 2026 versus 1971 (a $7,003,383.21 difference in value).
Between 1971 and 2026:Other goods and services experienced an average inflation rate of 4.88% per year. This rate of change indicates significant inflation. In other words, other goods and services costing $550,000 in the year 1971 would cost $7,553,383.21 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.85% during this same period, inflation for other goods and services was higher.
In the year 1971: Pricing changed by 4.72%, which is below the average yearly change for other goods and services during the 1971-2026 time period. Compared to inflation for all items in 1971 (4.29%), inflation for other goods and services was higher.
Below are calculations of equivalent buying power for Other goods and services, over time, for $550,000 beginning in 1971. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1971 | $550,000.00 | 4.72% |
| 1972 | $573,406.53 | 4.26% |
| 1973 | $595,637.39 | 3.88% |
| 1974 | $638,495.92 | 7.20% |
| 1975 | $691,614.85 | 8.32% |
| 1976 | $731,480.76 | 5.76% |
| 1977 | $774,339.29 | 5.86% |
| 1978 | $823,824.33 | 6.39% |
| 1979 | $884,211.04 | 7.33% |
| 1980 | $964,156.63 | 9.04% |
| 1981 | $1,059,920.33 | 9.93% |
| 1982 | $1,168,830.16 | 10.28% |
| 1983 | $1,295,909.44 | 10.87% |
| 1984 | $1,383,015.93 | 6.72% |
| 1985 | $1,468,198.60 | 6.16% |
| 1986 | $1,557,122.04 | 6.06% |
| 1987 | $1,647,755.54 | 5.82% |
| 1988 | $1,757,627.28 | 6.67% |
| 1989 | $1,894,005.05 | 7.76% |
| 1990 | $2,038,826.27 | 7.65% |
| 1991 | $2,200,855.03 | 7.95% |
| 1992 | $2,350,378.94 | 6.79% |
| 1993 | $2,474,038.09 | 5.26% |
| 1994 | $2,546,181.50 | 2.92% |
| 1995 | $2,652,953.75 | 4.19% |
| 1996 | $2,762,718.62 | 4.14% |
| 1997 | $2,883,278.27 | 4.36% |
| 1998 | $3,049,154.68 | 5.75% |
| 1999 | $3,312,397.98 | 8.63% |
| 2000 | $3,476,564.32 | 4.96% |
| 2001 | $3,624,912.55 | 4.27% |
| 2002 | $3,760,969.69 | 3.75% |
| 2003 | $3,831,296.15 | 1.87% |
| 2004 | $3,908,356.00 | 2.01% |
| 2005 | $4,018,869.02 | 2.83% |
| 2006 | $4,126,068.79 | 2.67% |
| 2007 | $4,275,101.05 | 3.61% |
| 2008 | $4,429,686.75 | 3.62% |
| 2009 | $4,727,293.82 | 6.72% |
| 2010 | $4,890,251.36 | 3.45% |
| 2011 | $4,966,345.03 | 1.56% |
| 2012 | $5,058,308.10 | 1.85% |
| 2013 | $5,143,045.08 | 1.68% |
| 2014 | $5,234,048.39 | 1.77% |
| 2015 | $5,321,266.03 | 1.67% |
| 2016 | $5,426,116.60 | 1.97% |
| 2017 | $5,548,105.23 | 2.25% |
| 2018 | $5,672,889.82 | 2.25% |
| 2019 | $5,787,928.10 | 2.03% |
| 2020 | $5,930,535.85 | 2.46% |
| 2021 | $6,115,568.21 | 3.12% |
| 2022 | $6,494,793.53 | 6.20% |
| 2023 | $6,890,673.82 | 6.10% |
| 2024 | $7,171,485.91 | 4.08% |
| 2025 | $7,426,582.20 | 3.56% |
| 2026 | $7,553,383.21 | 1.71%* |
* 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 | 2025 | 2026 |
| CPI | 35.050 | 36.883 | 38.700 | 40.950 | 42.883 | 44.708 | 46.442 | 49.783 | 53.925 | 57.033 | 60.375 | 64.233 | 68.942 | 75.175 | 82.642 | 91.133 | 101.042 | 107.833 | 114.475 | 121.408 | 128.475 | 137.042 | 147.675 | 158.967 | 171.600 | 183.258 | 192.900 | 198.525 | 206.850 | 215.408 | 224.808 | 237.742 | 258.267 | 271.067 | 282.633 | 293.242 | 298.725 | 304.733 | 313.350 | 321.708 | 333.328 | 345.381 | 368.586 | 381.291 | 387.224 | 394.395 | 401.002 | 408.097 | 414.898 | 423.073 | 432.584 | 442.313 | 451.283 | 462.402 | 476.829 | 506.397 | 537.264 | 559.159 | 579.048 | 588.935 |