According to the U.S. Bureau of Labor Statistics, prices for other goods and services are 383.16% higher in 2024 versus 1985 (a $97,323,482,798.01 difference in value).
Between 1985 and 2024: Other goods and services experienced an average inflation rate of 4.12% per year. This rate of change indicates significant inflation. In other words, other goods and services costing $25,400,000,000 in the year 1985 would cost $122,723,482,798.01 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.76% during this same period, inflation for other goods and services was higher.
In the year 1985: Pricing changed by 6.16%, which is above the average yearly change for other goods and services during the 1985-2024 time period. Compared to inflation for all items in 1985 (3.55%), inflation for other goods and services was higher.
Below are calculations of equivalent buying power for Other goods and services, over time, for $25,400,000,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1985 | $25,400,000,000.00 | 6.16% |
1986 | $26,937,790,619.54 | 6.05% |
1987 | $28,506,302,916.27 | 5.82% |
1988 | $30,405,926,622.77 | 6.66% |
1989 | $32,766,375,487.17 | 7.76% |
1990 | $35,271,898,938.31 | 7.65% |
1991 | $38,074,398,602.34 | 7.95% |
1992 | $40,661,846,526.00 | 6.80% |
1993 | $42,800,416,610.67 | 5.26% |
1994 | $44,048,058,056.71 | 2.92% |
1995 | $45,896,478,967.88 | 4.20% |
1996 | $47,794,395,914.53 | 4.14% |
1997 | $49,880,056,444.03 | 4.36% |
1998 | $52,749,119,741.97 | 5.75% |
1999 | $57,304,461,765.89 | 8.64% |
2000 | $60,144,510,146.49 | 4.96% |
2001 | $62,709,770,192.18 | 4.27% |
2002 | $65,063,392,017.20 | 3.75% |
2003 | $66,280,311,786.05 | 1.87% |
2004 | $67,613,291,224.30 | 2.01% |
2005 | $69,526,569,009.54 | 2.83% |
2006 | $71,380,110,200.24 | 2.67% |
2007 | $73,958,478,161.54 | 3.61% |
2008 | $76,632,783,093.67 | 3.62% |
2009 | $81,781,343,636.61 | 6.72% |
2010 | $84,600,467,141.51 | 3.45% |
2011 | $85,916,873,941.67 | 1.56% |
2012 | $87,507,830,130.36 | 1.85% |
2013 | $88,973,766,160.46 | 1.68% |
2014 | $90,548,098,508.27 | 1.77% |
2015 | $92,056,959,548.45 | 1.67% |
2016 | $93,870,852,707.97 | 1.97% |
2017 | $95,981,227,120.01 | 2.25% |
2018 | $98,139,988,173.63 | 2.25% |
2019 | $100,130,121,354.66 | 2.03% |
2020 | $102,597,208,574.12 | 2.46% |
2021 | $105,798,236,661.74 | 3.12% |
2022 | $112,358,765,488.51 | 6.20% |
2023 | $119,207,429,512.16 | 6.10% |
2024 | $122,723,482,798.01 | 2.95%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
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 | 2023 | 2024 |
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 | 476.829 | 506.397 | 537.264 | 553.111 |