# \$20 in 1993 → \$34.54 in 2018

## Inflation Calculator

\$

### U.S. Inflation Rate, 1993-2018 (\$20)

According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 2.21% per year. Prices in 2018 are 72.7% higher than prices in 1993.

In other words, \$20 in the year 1993 is equivalent in purchasing power to \$34.54 in 2018, a difference of \$14.54 over 25 years.

Compared to last year's annual rate, the inflation rate in 2018 is now 1.95%1. If this number holds, \$20 today would be equivalent to \$20.39 next year. The current inflation rate page gives more detail on the latest official inflation rates.

 Cumulative price change 72.70% Average inflation rate 2.21% Price difference (\$20 base) \$14.54 CPI in 1993 144.5 CPI in 2018 249.554

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### How to calculate the inflation rate for \$20 since 1993

This inflation calculator uses the following inflation rate formula:

CPI in 2018 / CPI in 1993 * 1993 USD value = 2018 USD value

Then plug in historical CPI values. The U.S. CPI was 144.5 in the year 1993 and 249.554 in 2018:

249.554 / 144.5 * \$20 = \$34.54

\$20 in 1993 has the same "purchasing power" as \$34.54 in 2018.