According to the U.S. Bureau of Labor Statistics, prices for other goods and services were 19.15% higher in 2020 versus 2011 (a $67.03 difference in value).
Between 2011 and 2020: Other goods and services experienced an average inflation rate of 1.97% per year. In other words, other goods and services costing $350 in the year 2011 would cost $417.03 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.54% during this same period, inflation for other goods and services was higher.
In the year 2011: Pricing changed by 1.56%, which is below the average yearly change for other goods and services during the 2011-2020 time period. Compared to inflation for all items in 2011 (3.16%), inflation for other goods and services was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Other goods and services:
Below are calculations of equivalent buying power for Other goods and services, over time, for $350 beginning in 2011. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|