Tuition, other school fees, and childcare priced at $20 in 2005 $35.45 in 2021

Tuition, Other School Fees, And Childcare Inflation Calculator

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Prices for Tuition, Other School Fees, And Childcare, 2005-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for tuition, other school fees, and childcare were 77.27% higher in 2021 versus 2005 (a $15.45 difference in value).

Between 2005 and 2021: Tuition, other school fees, and childcare experienced an average inflation rate of 3.64% per year. This rate of change indicates significant inflation. In other words, tuition, other school fees, and childcare costing $20 in the year 2005 would cost $35.45 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.88% during this same period, inflation for tuition, other school fees, and childcare was higher.

In the year 2005: Pricing changed by 6.41%, which is above the average yearly change for tuition, other school fees, and childcare during the 2005-2021 time period. Compared to inflation for all items in 2005 (3.39%), inflation for tuition, other school fees, and childcare was much higher.

Price Inflation for Tuition, other school fees, and childcare since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1982 (13.24%), 1981 (12.25%), and 1983 (10.13%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Tuition, other school fees, and childcare:

Year 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
CPI 57.800 59.792 64.692 71.223 79.946 90.531 99.700 109.769 119.708 129.608 139.962 151.038 162.700 175.715 191.385 208.469 225.300 239.823 253.831 267.123 280.377 294.238 308.385 323.969 341.092 362.108 386.654 414.292 440.862 468.062 494.079 522.098 548.971 573.174 597.208 620.979 643.681 664.780 688.814 708.115 724.655 741.262 762.749 777.716 781.520

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Buying power of $20 since 2005

Below are calculations of equivalent buying power for Tuition, other school fees, and childcare, over time, for $20 beginning in 2005. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2005 $20.00 6.41%
2006 $21.23 6.17%
2007 $22.41 5.56%
2008 $23.69 5.67%
2009 $24.90 5.15%
2010 $26.00 4.41%
2011 $27.09 4.19%
2012 $28.17 3.98%
2013 $29.20 3.66%
2014 $30.16 3.28%
2015 $31.25 3.62%
2016 $32.12 2.80%
2017 $32.87 2.34%
2018 $33.63 2.29%
2019 $34.60 2.90%
2020 $35.28 1.96%
2021 $35.45 0.49%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for tuition, other school fees, and childcare, 2005-2021

Start with the inflation rate formula:

CPI in 2021 / CPI in 2005 * 2005 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Tuition, other school fees, and childcare was 440.862 in the year 2005 and 781.520 in 2021:

781.520 / 440.862 * $20 = $35.45

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2005 has the same "purchasing power" as $35.45 in 2021 (in the CPI category of Tuition, other school fees, and childcare).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Tuition, other school fees, and childcare in 1977. In addition to tuition, other school fees, and childcare, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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