Other goods and services priced at $2.65 in 1978 $20.61 in 2022

Other Goods And Services Inflation Calculator

$

Prices for Other Goods And Services, 1978-2022 ($2.65)

According to the U.S. Bureau of Labor Statistics, prices for other goods and services are 677.56% higher in 2022 versus 1978 (a $17.96 difference in value).

Between 1978 and 2022: Other goods and services experienced an average inflation rate of 4.77% per year. This rate of change indicates significant inflation. In other words, other goods and services costing $2.65 in the year 1978 would cost $20.61 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.44% during this same period, inflation for other goods and services was higher.

In the year 1978: Pricing changed by 6.54%, which is above the average yearly change for other goods and services during the 1978-2022 time period. Compared to inflation for all items in 1978 (7.63%), inflation for other goods and services was lower.

Price Inflation for Other goods and services since 1967

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1983 (10.92%), 1982 (10.27%), and 1981 (9.86%).

View price changes for other categories
Frankfurters · St Louis, Missouri · Dallas-Fort Worth, Texas · Minneapolis-St Paul, Minnesota · More

Buying power of $2.65 since 1978

Below are calculations of equivalent buying power for Other goods and services, over time, for $2.65 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1978$2.656.54%
1979$2.847.29%
1980$3.109.10%
1981$3.419.86%
1982$3.7610.27%
1983$4.1710.92%
1984$4.456.75%
1985$4.726.14%
1986$5.016.04%
1987$5.295.65%
1988$5.646.66%
1989$6.087.78%
1990$6.557.65%
1991$7.077.94%
1992$7.556.78%
1993$7.955.26%
1994$8.182.92%
1995$8.524.21%
1996$8.874.13%
1997$9.264.37%
1998$9.795.75%
1999$10.648.62%
2000$11.174.98%
2001$11.644.26%
2002$12.083.75%
2003$12.311.88%
2004$12.552.01%
2005$12.912.82%
2006$13.252.68%
2007$13.733.60%
2008$14.233.62%
2009$15.186.72%
2010$15.713.45%
2011$15.951.56%
2012$16.251.85%
2013$16.521.67%
2014$16.811.77%
2015$17.091.67%
2016$17.431.97%
2017$17.822.25%
2018$18.222.25%
2019$18.592.03%
2020$19.052.46%
2021$19.643.12%
2022$20.614.91%*
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Other goods and services:

Year19671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI35.06736.89238.71740.96742.90844.70046.45049.78353.94257.03360.38364.33369.02575.30882.73391.233101.200108.033114.667121.592128.458137.017147.683158.983171.600183.242192.883198.508206.858215.392224.808237.742258.242271.092282.633293.242298.742304.733313.342321.733333.323345.374368.583381.289387.230394.405401.002408.097414.898423.073432.584442.313451.283462.402476.829500.228

Adjust other goods and services prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1978 * 1978 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Other goods and services was 64.333 in the year 1978 and 500.228 in 2022:

500.228 / 64.333 * $2.65 = $20.61

Therefore, according to U.S. Bureau of Labor Statistics, $2.65 in 1978 has the same "purchasing power" as $20.61 in 2022 (in the CPI category of Other goods and services).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Other goods and services in 1967. In addition to other goods and services, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.