Other goods and services priced at $1 in 1983 $4.70 in 2021

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Prices for Other Goods And Services, 1983-2021 ($1)

According to the U.S. Bureau of Labor Statistics, prices for other goods and services are 370.10% higher in 2021 versus 1983 (a $3.70 difference in value).

Between 1983 and 2021: Other goods and services experienced an average inflation rate of 4.16% per year. This rate of change indicates significant inflation. In other words, other goods and services costing $1 in the year 1983 would cost $4.70 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.65% during this same period, inflation for other goods and services was higher.

In the year 1983: Pricing changed by 10.88%, which is significantly above the average yearly change for other goods and services during the 1983-2021 time period. Compared to inflation for all items in 1983 (3.21%), inflation for other goods and services was much higher.

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 (10.88%), 1982 (10.28%), and 1981 (9.93%).

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Buying power of $1.00 since 1983

Below are calculations of equivalent buying power for Other goods and services, over time, for $1 beginning in 1983. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
1983 $1.00 10.88%
1984 $1.07 6.72%
1985 $1.13 6.16%
1986 $1.20 6.05%
1987 $1.27 5.82%
1988 $1.36 6.66%
1989 $1.46 7.76%
1990 $1.57 7.65%
1991 $1.70 7.95%
1992 $1.81 6.80%
1993 $1.91 5.26%
1994 $1.96 2.92%
1995 $2.05 4.20%
1996 $2.13 4.14%
1997 $2.22 4.36%
1998 $2.35 5.75%
1999 $2.56 8.64%
2000 $2.68 4.96%
2001 $2.80 4.27%
2002 $2.90 3.75%
2003 $2.96 1.87%
2004 $3.02 2.01%
2005 $3.10 2.83%
2006 $3.18 2.67%
2007 $3.30 3.61%
2008 $3.42 3.62%
2009 $3.65 6.72%
2010 $3.77 3.45%
2011 $3.83 1.56%
2012 $3.90 1.85%
2013 $3.97 1.68%
2014 $4.04 1.77%
2015 $4.11 1.67%
2016 $4.19 1.97%
2017 $4.28 2.25%
2018 $4.38 2.25%
2019 $4.47 2.03%
2020 $4.58 2.46%
2021 $4.70 2.73%*
* 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
CPI 35.054 36.885 38.700 40.946 42.885 44.708 46.438 49.785 53.923 57.031 60.377 64.238 68.938 75.177 82.638 91.131 101.046 107.838 114.477 121.408 128.477 137.038 147.677 158.969 171.600 183.262 192.900 198.523 206.854 215.408 224.808 237.738 258.269 271.069 282.631 293.238 298.723 304.731 313.354 321.708 333.328 345.381 368.586 381.291 387.224 394.395 401.002 408.097 414.898 423.073 432.584 442.314 451.283 462.402 475.013

Adjust other goods and services prices for inflation

Start with the inflation rate formula:

CPI in 2021 / CPI in 1983 * 1983 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Other goods and services was 101.046 in the year 1983 and 475.013 in 2021:

475.013 / 101.046 * $1 = $4.70

Therefore, according to U.S. Bureau of Labor Statistics, $1 in 1983 has the same "purchasing power" as $4.70 in 2021 (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.

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