Personal Consumption Expenditures Price Index priced at $20 in 1959 $160.27 in 2024

Personal Consumption Expenditures Price Index Inflation Calculator

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Prices for Personal Consumption Expenditures Price Index, 1959-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for personal consumption expenditures price index are 701.34% higher in 2024 versus 1959 (a $140.27 difference in value).

Between 1959 and 2024: Personal Consumption Expenditures Price Index experienced an average inflation rate of 3.25% 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 $160.27 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.71% during this same period, inflation for personal consumption expenditures price index was lower.

Price Inflation for Personal Consumption Expenditures Price Index since 1959

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (10.77%), 1974 (10.41%), and 1981 (8.96%).

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Buying power of $20.00 since 1959

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:

YearUSD ValueInflation Rate
1959$20.00-
1960$20.331.64%
1961$20.541.04%
1962$20.781.17%
1963$21.031.20%
1964$21.331.45%
1965$21.641.44%
1966$22.192.53%
1967$22.742.51%
1968$23.633.91%
1969$24.704.51%
1970$25.854.67%
1971$26.954.25%
1972$27.873.41%
1973$29.375.38%
1974$32.4310.41%
1975$35.138.34%
1976$37.065.49%
1977$39.476.50%
1978$42.226.96%
1979$45.978.88%
1980$50.9210.77%
1981$55.488.96%
1982$58.565.55%
1983$61.054.25%
1984$63.363.78%
1985$65.573.49%
1986$66.992.18%
1987$69.063.09%
1988$71.763.91%
1989$74.904.37%
1990$78.194.39%
1991$80.803.34%
1992$82.952.67%
1993$85.022.49%
1994$86.792.09%
1995$88.622.11%
1996$90.522.14%
1997$92.091.74%
1998$92.830.80%
1999$94.181.46%
2000$96.562.53%
2001$98.502.00%
2002$99.791.31%
2003$101.892.10%
2004$104.412.48%
2005$107.422.88%
2006$110.452.82%
2007$113.282.57%
2008$116.632.96%
2009$116.31-0.28%
2010$118.391.79%
2011$121.392.53%
2012$123.651.86%
2013$125.281.32%
2014$127.031.40%
2015$127.270.18%
2016$128.561.01%
2017$130.801.75%
2018$133.482.05%
2019$135.401.44%
2020$136.861.08%
2021$142.574.17%
2022$151.786.46%
2023$157.463.74%
2024$160.271.79%*

* 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:

Year195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI15.29015.54115.70215.88616.07616.30916.54416.96217.38918.06918.88319.76620.60521.30822.45624.79326.86028.33330.17632.27635.14338.92842.41544.77146.67648.43950.12851.21952.80254.86557.26159.77561.77463.42065.00066.35667.75469.20370.40770.96772.00173.82275.30276.29177.89479.82782.12784.44086.60789.17088.92190.51492.80394.53495.78197.12197.29998.284100.000102.047103.513104.635109.001116.043120.380122.529

Adjust personal consumption expenditures price index prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1959 * 1959 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Personal Consumption Expenditures Price Index was 15.290 in the year 1959 and 122.529 in 2024:

122.529 / 15.290 * $20 = $160.27

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1959 has the same "purchasing power" as $160.27 in 2024 (in the CPI category of Personal Consumption Expenditures Price Index).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Personal Consumption Expenditures Price Index in 1959. In addition to personal consumption expenditures price index, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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