According to the U.S. Bureau of Labor Statistics, prices for other goods and services are 247.94% higher in 2024 versus 1990 (a $867,774,496.76 difference in value).
Between 1990 and 2024: Other goods and services experienced an average inflation rate of 3.74% per year. This rate of change indicates significant inflation. In other words, other goods and services costing $350,000,000 in the year 1990 would cost $1,217,774,496.76 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.58% during this same period, inflation for other goods and services was higher.
In the year 1990: Pricing changed by 7.65%, which is significantly above the average yearly change for other goods and services during the 1990-2024 time period. Compared to inflation for all items in 1990 (5.40%), inflation for other goods and services was higher.
Below are calculations of equivalent buying power for Other goods and services, over time, for $350,000,000 beginning in 1990. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1990 | $350,000,000.00 | 7.65% |
1991 | $377,808,961.58 | 7.95% |
1992 | $403,483,983.35 | 6.80% |
1993 | $424,704,829.19 | 5.26% |
1994 | $437,085,067.26 | 2.92% |
1995 | $455,426,787.96 | 4.20% |
1996 | $474,259,653.54 | 4.14% |
1997 | $494,955,482.43 | 4.36% |
1998 | $523,424,949.19 | 5.75% |
1999 | $568,627,213.78 | 8.64% |
2000 | $596,808,768.02 | 4.96% |
2001 | $622,263,621.41 | 4.27% |
2002 | $645,618,407.05 | 3.75% |
2003 | $657,693,796.57 | 1.87% |
2004 | $670,920,836.16 | 2.01% |
2005 | $689,906,126.00 | 2.83% |
2006 | $708,298,654.80 | 2.67% |
2007 | $733,883,576.89 | 3.61% |
2008 | $760,420,473.24 | 3.62% |
2009 | $811,509,193.84 | 6.72% |
2010 | $839,483,112.36 | 3.45% |
2011 | $852,545,703.09 | 1.56% |
2012 | $868,332,623.63 | 1.85% |
2013 | $882,878,979.97 | 1.68% |
2014 | $898,500,943.58 | 1.77% |
2015 | $913,473,241.07 | 1.67% |
2016 | $931,472,345.88 | 1.97% |
2017 | $952,413,408.50 | 2.25% |
2018 | $973,834,607.57 | 2.25% |
2019 | $993,582,526.86 | 2.03% |
2020 | $1,018,063,219.78 | 2.46% |
2021 | $1,049,826,744.41 | 3.12% |
2022 | $1,114,926,304.07 | 6.20% |
2023 | $1,182,885,004.35 | 6.10% |
2024 | $1,217,774,496.76 | 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 |