$20 in 1993 → $33.88 in 2017

Inflation Calculator

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U.S. Inflation Rate, 1993-2017 ($20)

According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 2.22% per year. Prices in 2017 are 69.4% higher than prices in 1993.

In other words, $20 in the year 1993 is equivalent in purchasing power to $33.88 in 2017, a difference of $13.88 over 24 years.

The inflation rate in 2017 was 1.99%.

Inflation from 1993 to 2017
Cumulative price change 69.40%
Average inflation rate 2.22%
Price difference ($20 base) $13.88
CPI in 1993 144.5
CPI in 2017 244.786


U.S. inflation from 1913 to 2017


Inflation rates for specific categories

Juices and nonalcoholic drinks · Wine at home · Rent of primary residence · More

Inflation-adjusted measures

S&P 500 price · S&P 500 earnings · Shiller P/E

How to calculate the inflation rate for $20, 1993 to 2017

This inflation calculator uses the following inflation rate formula:

CPI in 2017 / CPI in 1993 * 1993 USD value = 2017 USD value

Then plug in historical CPI values. The U.S. CPI was 144.5 in the year 1993 and 244.786 in 2017:

244.786 / 144.5 * $20 = $33.88

$20 in 1993 has the same "purchasing power" as $33.88 in 2017.


News headlines from 1993

Politics and news often influence economic performance. Here's what was happening at the time:

  • Letters of mutual recognition are exchanged between Israel and the Palestine Liberation Organization.
  • The Nobel Peace Prize is awarded to Nelson Mandela and South African President de Klerk.
  • A new democratic constitution is approved by black and white leaders in South Africa.

Inflation Data Source

Raw data for these calculations comes from the Bureau of Labor Statistics' (CPI), established in 1913. Inflation data from 1665 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University.

You may use the following MLA citation for this page: “$20 in 1993 → 2017 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 May. 2018, https://www.officialdata.org/1993-dollars-in-2017?amount=20.


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