Tuition, other school fees, and childcare priced at $20 in 2019 $20.35 in 2020

Tuition, Other School Fees, And Childcare Inflation Calculator

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Prices for Tuition, Other School Fees, And Childcare, 2019-2020 ($20)

According to the U.S. Bureau of Labor Statistics, prices for tuition, other school fees, and childcare were 1.75% higher in 2020 versus 2019 (a $0.35 difference in value).

Between 2019 and 2020: Tuition, other school fees, and childcare experienced an average inflation rate of 1.75% per year. In other words, tuition, other school fees, and childcare costing $20 in the year 2019 would cost $20.35 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 0.72% during this same period, inflation for tuition, other school fees, and childcare was higher.

In the year 2019: Pricing changed by 2.90%, which is above the average yearly change for tuition, other school fees, and childcare during the 2019-2020 time period. Compared to inflation for all items in 2019 (1.81%), inflation for tuition, other school fees, and childcare was higher.

Price Inflation for Tuition, other school fees, and childcare since 1978

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1982 (13.27%), 1981 (12.24%), and 1983 (10.14%).

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

Year 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
CPI 59.783 64.675 71.192 79.908 90.508 99.683 109.767 119.717 129.592 139.983 151.042 162.675 175.692 191.342 208.458 225.292 239.842 253.833 267.142 280.367 294.250 308.358 323.925 341.025 362.050 386.600 414.250 440.833 468.025 494.056 522.082 548.979 573.207 597.225 621.005 643.699 664.786 688.795 708.103 724.647 741.242 762.745 776.057

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Buying power of $20 since 2019

Below are calculations of equivalent buying power for Tuition, other school fees, and childcare, over time, for $20 beginning in 2019. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2019 $20.00 2.90%
2020 $20.35 1.75%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for tuition, other school fees, and childcare, 2019-2020

Start with the inflation rate formula:

CPI in 2020 / CPI in 2019 * 2019 USD value = 2020 USD value

Then plug in historical CPI values from above. The CPI for Tuition, other school fees, and childcare was 762.745 in the year 2019 and 776.057 in 2020:

776.057 / 762.745 * $20 = $20.35

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2019 has the same "purchasing power" as $20.35 in 2020 (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 1978. 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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