All items (chained) price inflation, 1999→2023

All Items (chained) Inflation Calculator

Prices for All Items (chained), 1999-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for all items (chained) are 70.03% higher in 2023 versus 1999 (a $14.01 difference in value).

Between 1999 and 2023: All items (chained) experienced an average inflation rate of 2.24% per year. This rate of change indicates significant inflation. In other words, all items (chained) costing $20 in the year 1999 would cost $34.01 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation for all items (chained) was lower.

Price Inflation for All items (chained) since 1999

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 2022 (7.68%), 2021 (4.47%), and 2023 (3.92%).

View price changes for other categories
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Buying power of $20.00 since 1999

Below are calculations of equivalent buying power for All items (chained), over time, for $20 beginning in 1999. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
1999	$20.00	-
2000	$20.40	1.99%
2001	$20.86	2.26%
2002	$21.12	1.26%
2003	$21.55	2.04%
2004	$22.09	2.51%
2005	$22.74	2.92%
2006	$23.40	2.90%
2007	$23.99	2.53%
2008	$24.89	3.73%
2009	$24.77	-0.47%
2010	$25.12	1.42%
2011	$25.89	3.06%
2012	$26.40	1.95%
2013	$26.72	1.22%
2014	$27.10	1.45%
2015	$27.07	-0.12%
2016	$27.33	0.93%
2017	$27.81	1.76%
2018	$28.37	2.02%
2019	$28.78	1.45%
2020	$29.09	1.07%
2021	$30.39	4.47%
2022	$32.72	7.68%
2023	$34.01	3.92%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for All items (chained):

Year	1999	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
CPI	100.000	101.992	104.292	105.608	107.762	110.462	113.692	116.992	119.957	124.433	123.850	125.615	129.453	131.976	133.592	135.524	135.362	136.625	139.036	141.842	143.904	145.449	151.950	163.616	170.034

Adjust all items (chained) prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 1999 * 1999 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for All items (chained) was 100.000 in the year 1999 and 170.034 in 2023:

170.034 / 100.000 * $20 = $34.01

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1999 has the same "purchasing power" as $34.01 in 2023 (in the CPI category of All items (chained)).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for All items (chained) in 1999. In addition to all items (chained), the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.