Personal Consumption Expenditures Price Index priced at $20 in 1994$21.39 in 1998

Personal Consumption Expenditures Price Index Inflation Calculator

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Prices for Personal Consumption Expenditures Price Index, 1994-1998 ($20)

According to the U.S. Bureau of Labor Statistics, prices for personal consumption expenditures price index were 6.95% higher in 1998 versus 1994 (a $1.39 difference in value).

Between 1994 and 1998:Personal Consumption Expenditures Price Index experienced an average inflation rate of 1.69% per year. In other words, personal consumption expenditures price index costing $20 in the year 1994 would cost $21.39 in 1998 for an equivalent purchase. Compared to the overall inflation rate of 2.41% during this same period, inflation for personal consumption expenditures price index was lower.

In the year 1994: Pricing changed by 2.09%, which is above the average yearly change for personal consumption expenditures price index during the 1994-1998 time period. Compared to inflation for all items in 1994 (2.61%), 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 1994

Below are calculations of equivalent buying power for Personal Consumption Expenditures Price Index, over time, for $20 beginning in 1994. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1994$20.002.09%
1995$20.422.11%
1996$20.862.14%
1997$21.221.74%
1998$21.390.80%
1999$21.701.46%
2000$22.252.53%
2001$22.702.00%
2002$22.991.31%
2003$23.482.10%
2004$24.062.48%
2005$24.752.88%
2006$25.452.82%
2007$26.102.57%
2008$26.882.96%
2009$26.80-0.28%
2010$27.281.79%
2011$27.972.53%
2012$28.491.86%
2013$28.871.32%
2014$29.271.40%
2015$29.330.18%
2016$29.621.01%
2017$30.141.75%
2018$30.762.05%
2019$31.201.43%
2020$31.551.12%
2021$32.844.11%
2022$34.996.54%
2023$36.323.80%
2024$37.272.62%
2025$38.252.63%
2026$38.871.61%*

* 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:

Year19591960196119621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CPI15.29015.54115.70215.88616.07616.30916.54416.96217.38918.06918.88319.76620.60521.30822.45624.79326.86028.33330.17632.27635.14338.92842.41544.77146.67648.43950.12851.21952.80254.86557.26159.77561.77463.42065.00066.35667.75469.20370.40770.96772.00173.82275.30276.29177.89479.82782.12784.44086.60789.17088.92190.51492.80394.53495.78197.12197.29998.284100.000102.047103.509104.666108.973116.100120.511123.666126.923128.969

Adjust personal consumption expenditures price index prices for inflation

Start with the inflation rate formula:

CPI in 1998 / CPI in 1994* 1994 USD value = 1998 USD value

Then plug in historical CPI values from above. The CPI for Personal Consumption Expenditures Price Index was 66.356 in the year 1994 and 70.967 in 1998:

70.967 / 66.356* $20 = $21.39

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1994 has the same "purchasing power" as $21.39 in 1998 (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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