According to the U.S. Bureau of Labor Statistics, prices for personal consumption expenditures price index are 681.15% higher in 2023 versus 1959 (a $136.23 difference in value).
Between 1959 and 2023: Personal Consumption Expenditures Price Index experienced an average inflation rate of 3.26% per year. This rate of change indicates significant inflation. In other words, personal consumption expenditures price index costing $20 in the year 1959 would cost $156.23 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 3.72% during this same period, inflation for personal consumption expenditures price index was lower.
Below are calculations of equivalent buying power for Personal Consumption Expenditures Price Index, over time, for $20 beginning in 1959. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1959 | $20.00 | - |
1960 | $20.33 | 1.64% |
1961 | $20.54 | 1.04% |
1962 | $20.78 | 1.17% |
1963 | $21.03 | 1.20% |
1964 | $21.33 | 1.45% |
1965 | $21.64 | 1.44% |
1966 | $22.19 | 2.53% |
1967 | $22.74 | 2.51% |
1968 | $23.63 | 3.91% |
1969 | $24.70 | 4.50% |
1970 | $25.85 | 4.67% |
1971 | $26.95 | 4.25% |
1972 | $27.87 | 3.41% |
1973 | $29.37 | 5.38% |
1974 | $32.43 | 10.41% |
1975 | $35.13 | 8.34% |
1976 | $37.06 | 5.49% |
1977 | $39.47 | 6.50% |
1978 | $42.22 | 6.96% |
1979 | $45.97 | 8.88% |
1980 | $50.92 | 10.77% |
1981 | $55.48 | 8.96% |
1982 | $58.56 | 5.55% |
1983 | $61.05 | 4.25% |
1984 | $63.36 | 3.78% |
1985 | $65.57 | 3.49% |
1986 | $66.99 | 2.18% |
1987 | $69.06 | 3.08% |
1988 | $71.76 | 3.91% |
1989 | $74.89 | 4.37% |
1990 | $78.18 | 4.39% |
1991 | $80.79 | 3.34% |
1992 | $82.95 | 2.67% |
1993 | $85.01 | 2.49% |
1994 | $86.79 | 2.09% |
1995 | $88.62 | 2.11% |
1996 | $90.51 | 2.14% |
1997 | $92.09 | 1.74% |
1998 | $92.82 | 0.80% |
1999 | $94.17 | 1.46% |
2000 | $96.55 | 2.53% |
2001 | $98.49 | 2.00% |
2002 | $99.78 | 1.31% |
2003 | $101.88 | 2.10% |
2004 | $104.41 | 2.48% |
2005 | $107.42 | 2.88% |
2006 | $110.44 | 2.82% |
2007 | $113.27 | 2.57% |
2008 | $116.63 | 2.96% |
2009 | $116.30 | -0.28% |
2010 | $118.38 | 1.79% |
2011 | $121.38 | 2.53% |
2012 | $123.64 | 1.86% |
2013 | $125.32 | 1.35% |
2014 | $127.21 | 1.51% |
2015 | $127.49 | 0.22% |
2016 | $128.77 | 1.00% |
2017 | $131.13 | 1.83% |
2018 | $133.93 | 2.13% |
2019 | $135.92 | 1.49% |
2020 | $137.42 | 1.10% |
2021 | $142.96 | 4.03% |
2022 | $151.91 | 6.26% |
2023 | $156.23 | 2.84%* |
* 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 Personal Consumption Expenditures Price Index:
Year | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 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 |
CPI | 16.176 | 16.441 | 16.612 | 16.806 | 17.007 | 17.254 | 17.502 | 17.945 | 18.395 | 19.115 | 19.976 | 20.910 | 21.798 | 22.542 | 23.756 | 26.229 | 28.415 | 29.974 | 31.923 | 34.145 | 37.178 | 41.182 | 44.871 | 47.363 | 49.378 | 51.243 | 53.031 | 54.184 | 55.855 | 58.038 | 60.572 | 63.231 | 65.346 | 67.087 | 68.758 | 70.193 | 71.671 | 73.204 | 74.478 | 75.070 | 76.164 | 78.091 | 79.656 | 80.702 | 82.398 | 84.443 | 86.876 | 89.322 | 91.614 | 94.326 | 94.063 | 95.747 | 98.169 | 100.000 | 101.354 | 102.887 | 103.116 | 104.148 | 106.053 | 108.317 | 109.933 | 111.144 | 115.621 | 122.861 | 126.356 |