According to the U.S. Bureau of Labor Statistics, prices for other goods and services are 559.33% higher in 2022 versus 1980 (a $268,476,848.51 difference in value).
Between 1980 and 2022: Other goods and services experienced an average inflation rate of 4.59% per year. This rate of change indicates significant inflation. In other words, other goods and services costing $48,000,000 in the year 1980 would cost $316,476,848.51 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.00% during this same period, inflation for other goods and services was higher.
In the year 1980: Pricing changed by 9.10%, which is significantly above the average yearly change for other goods and services during the 1980-2022 time period. Compared to inflation for all items in 1980 (13.55%), inflation for other goods and services was much lower.
Below are calculations of equivalent buying power for Other goods and services, over time, for $48,000,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1980 | $48,000,000.00 | 9.10% |
| 1981 | $52,732,543.99 | 9.86% |
| 1982 | $58,150,271.11 | 10.27% |
| 1983 | $64,502,821.73 | 10.92% |
| 1984 | $68,858,249.42 | 6.75% |
| 1985 | $73,086,201.17 | 6.14% |
| 1986 | $77,500,055.33 | 6.04% |
| 1987 | $81,876,729.00 | 5.65% |
| 1988 | $87,331,636.61 | 6.66% |
| 1989 | $94,130,352.99 | 7.78% |
| 1990 | $101,332,743.17 | 7.65% |
| 1991 | $109,374,349.89 | 7.94% |
| 1992 | $116,794,511.45 | 6.78% |
| 1993 | $122,939,913.69 | 5.26% |
| 1994 | $126,525,174.28 | 2.92% |
| 1995 | $131,847,294.46 | 4.21% |
| 1996 | $137,286,267.57 | 4.13% |
| 1997 | $143,288,259.38 | 4.37% |
| 1998 | $151,531,703.00 | 5.75% |
| 1999 | $164,597,986.06 | 8.62% |
| 2000 | $172,788,314.71 | 4.98% |
| 2001 | $180,144,738.30 | 4.26% |
| 2002 | $186,906,274.21 | 3.75% |
| 2003 | $190,411,862.34 | 1.88% |
| 2004 | $194,230,828.81 | 2.01% |
| 2005 | $199,717,605.40 | 2.82% |
| 2006 | $205,066,283.06 | 2.68% |
| 2007 | $212,453,513.33 | 3.60% |
| 2008 | $220,134,628.75 | 3.62% |
| 2009 | $234,927,201.50 | 6.72% |
| 2010 | $243,026,119.29 | 3.45% |
| 2011 | $246,812,526.28 | 1.56% |
| 2012 | $251,385,512.89 | 1.85% |
| 2013 | $255,590,306.52 | 1.67% |
| 2014 | $260,112,833.91 | 1.77% |
| 2015 | $264,447,759.21 | 1.67% |
| 2016 | $269,657,913.02 | 1.97% |
| 2017 | $275,720,296.56 | 2.25% |
| 2018 | $281,921,628.86 | 2.25% |
| 2019 | $287,638,605.73 | 2.03% |
| 2020 | $294,725,683.30 | 2.46% |
| 2021 | $303,921,106.56 | 3.12% |
| 2022 | $316,476,848.51 | 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 |