According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 2.18% per year. Prices in 2017 are 60.6% higher than prices in 1995.
In other words, $20 in 1995 is equivalent in purchasing power to $32.12 in 2017, a difference of $12.12 over 22 years.
The inflation rate in 2017 was 1.99%.
|Cumulative price change||60.60%|
|Average inflation rate||2.18%|
|Converted amount ($20 base)||$32.12|
|Price difference ($20 base)||$12.12|
|CPI in 1995||152.4|
|CPI in 2017||244.786|
Politics and news often influence economic performance. Here's what was happening at the time:
Raw data for these calculations comes from the Bureau of Labor Statistics' Consumer Price Index (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 1995 → 2017 | Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 20 Jun. 2018, https://www.officialdata.org/1995-dollars-in-2017?amount=20.