Core inflation priced at $20 in 2000 $28.39 in 2018

Historical Price Inflation for Core inflation

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Prices for Core Inflation, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for all items less food and energy were 41.95% higher in 2018 versus 2000 (a $8.39 difference in value).

Between 2000 and 2018: Core inflation experienced an average inflation rate of 1.97% per year. In other words, core inflation costing $20 in the year 2000 would cost $28.39 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for core inflation was lower.

In the year 2000: Pricing changed by 2.44%, which is above the average yearly change for core inflation during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for core inflation was lower.

Price Inflation for All items less food and energy since 1957

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (12.42%), 1981 (10.48%), and 1979 (9.75%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for All items less food and energy:

Year 1957 1958 1959 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 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
CPI 28.933 29.592 30.175 30.642 31.000 31.400 31.808 32.300 32.733 33.550 34.708 36.325 38.417 40.817 42.733 44.042 45.575 49.358 53.908 57.442 61.033 65.475 71.858 80.783 89.250 95.850 99.600 104.700 109.283 113.708 118.175 123.425 128.967 135.458 142.117 147.317 152.200 156.500 161.225 165.558 169.508 173.383 176.975 181.292 186.125 190.442 193.225 196.642 200.867 205.917 210.725 215.565 219.237 221.336 225.006 229.757 233.810 237.901 242.252 247.607 252.173 257.347

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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Core inflation, over time, for $20 beginning in 2000. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year USD Value Inflation Rate
2000 $20.00 2.44%
2001 $20.53 2.67%
2002 $21.01 2.32%
2003 $21.32 1.46%
2004 $21.69 1.77%
2005 $22.16 2.15%
2006 $22.72 2.51%
2007 $23.25 2.34%
2008 $23.78 2.30%
2009 $24.19 1.70%
2010 $24.42 0.96%
2011 $24.82 1.66%
2012 $25.35 2.11%
2013 $25.79 1.76%
2014 $26.25 1.75%
2015 $26.73 1.83%
2016 $27.32 2.21%
2017 $27.82 1.84%
2018 $28.39 2.05%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for core inflation, 2000-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 2000 * 2000 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for All items less food and energy was 181.292 in the year 2000 and 257.347 in 2018:

257.347 / 181.292 * $20 = $28.39

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $28.39 in 2018 (in the CPI category of All items less food and energy).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for All items less food and energy in 1957. In addition to core inflation, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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