Other goods and services price inflation, 1978→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%).

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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:

Year	USD Value	Inflation Rate
1978	$2.65	6.54%
1979	$2.84	7.29%
1980	$3.10	9.10%
1981	$3.41	9.86%
1982	$3.76	10.27%
1983	$4.17	10.92%
1984	$4.45	6.75%
1985	$4.72	6.14%
1986	$5.01	6.04%
1987	$5.29	5.65%
1988	$5.64	6.66%
1989	$6.08	7.78%
1990	$6.55	7.65%
1991	$7.07	7.94%
1992	$7.55	6.78%
1993	$7.95	5.26%
1994	$8.18	2.92%
1995	$8.52	4.21%
1996	$8.87	4.13%
1997	$9.26	4.37%
1998	$9.79	5.75%
1999	$10.64	8.62%
2000	$11.17	4.98%
2001	$11.64	4.26%
2002	$12.08	3.75%
2003	$12.31	1.88%
2004	$12.55	2.01%
2005	$12.91	2.82%
2006	$13.25	2.68%
2007	$13.73	3.60%
2008	$14.23	3.62%
2009	$15.18	6.72%
2010	$15.71	3.45%
2011	$15.95	1.56%
2012	$16.25	1.85%
2013	$16.52	1.67%
2014	$16.81	1.77%
2015	$17.09	1.67%
2016	$17.43	1.97%
2017	$17.82	2.25%
2018	$18.22	2.25%
2019	$18.59	2.03%
2020	$19.05	2.46%
2021	$19.64	3.12%
2022	$20.61	4.91%*

* 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:

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	442.313	451.283	462.402	476.829	500.228

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.