According to the U.S. Bureau of Labor Statistics, prices for other goods and services were 771.61% higher in 2021 versus 1975 (a $1,855.34 difference in value).
Between 1975 and 2021: Other goods and services experienced an average inflation rate of 4.82% per year. This rate of change indicates significant inflation. In other words, other goods and services costing $240.45 in the year 1975 would cost $2,095.79 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 3.51% during this same period, inflation for other goods and services was higher.
In the year 1975: Pricing changed by 8.35%, which is significantly above the average yearly change for other goods and services during the 1975-2021 time period. Compared to inflation for all items in 1975 (9.14%), inflation for other goods and services was lower.
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 | 442.313 | 451.283 | 462.402 | 470.163 |
Below are calculations of equivalent buying power for Other goods and services, over time, for $240.45 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1975 | $240.45 | 8.35% |
| 1976 | $254.23 | 5.73% |
| 1977 | $269.16 | 5.87% |
| 1978 | $286.77 | 6.54% |
| 1979 | $307.69 | 7.29% |
| 1980 | $335.69 | 9.10% |
| 1981 | $368.79 | 9.86% |
| 1982 | $406.68 | 10.27% |
| 1983 | $451.11 | 10.92% |
| 1984 | $481.57 | 6.75% |
| 1985 | $511.14 | 6.14% |
| 1986 | $542.01 | 6.04% |
| 1987 | $572.61 | 5.65% |
| 1988 | $610.76 | 6.66% |
| 1989 | $658.31 | 7.78% |
| 1990 | $708.68 | 7.65% |
| 1991 | $764.92 | 7.94% |
| 1992 | $816.82 | 6.78% |
| 1993 | $859.80 | 5.26% |
| 1994 | $884.87 | 2.92% |
| 1995 | $922.09 | 4.21% |
| 1996 | $960.13 | 4.13% |
| 1997 | $1,002.10 | 4.37% |
| 1998 | $1,059.76 | 5.75% |
| 1999 | $1,151.14 | 8.62% |
| 2000 | $1,208.42 | 4.98% |
| 2001 | $1,259.86 | 4.26% |
| 2002 | $1,307.15 | 3.75% |
| 2003 | $1,331.67 | 1.88% |
| 2004 | $1,358.38 | 2.01% |
| 2005 | $1,396.75 | 2.82% |
| 2006 | $1,434.16 | 2.68% |
| 2007 | $1,485.82 | 3.60% |
| 2008 | $1,539.54 | 3.62% |
| 2009 | $1,642.99 | 6.72% |
| 2010 | $1,699.63 | 3.45% |
| 2011 | $1,726.11 | 1.56% |
| 2012 | $1,758.10 | 1.85% |
| 2013 | $1,787.50 | 1.67% |
| 2014 | $1,819.13 | 1.77% |
| 2015 | $1,849.45 | 1.67% |
| 2016 | $1,885.89 | 1.97% |
| 2017 | $1,928.28 | 2.25% |
| 2018 | $1,971.65 | 2.25% |
| 2019 | $2,011.64 | 2.03% |
| 2020 | $2,061.20 | 2.46% |
| 2021 | $2,095.79 | 1.68%* |