All items less shelter priced at $20 in 2000 $27.97 in 2018

Historical Price Inflation for All items less shelter

$

Prices for All Items Less Shelter, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for all items less shelter were 39.84% higher in 2018 versus 2000 (a $7.97 difference in value).

Between 2000 and 2018: All items less shelter experienced an average inflation rate of 1.88% per year. In other words, all items less shelter costing $20 in the year 2000 would cost $27.97 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for all items less shelter was lower.

In the year 2000: Pricing changed by 3.42%, which is above the average yearly change for all items less shelter during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for all items less shelter was higher.

Price Inflation for All items less shelter since 1947

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (11.76%), 1974 (11.41%), and 1979 (10.16%).

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

Year 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 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 24.108 26.025 25.533 25.700 27.900 28.458 28.558 28.517 28.342 28.758 29.725 30.575 30.850 31.292 31.650 32.033 32.425 32.800 33.317 34.308 35.217 36.642 38.375 40.308 42.017 43.292 46.167 51.433 56.042 59.275 63.083 67.350 74.192 82.917 90.983 96.200 99.808 103.892 106.992 107.992 111.667 115.892 121.592 128.142 133.467 137.325 141.358 144.792 148.625 152.800 155.942 157.217 160.242 165.717 169.725 170.808 174.608 179.283 186.067 191.867 196.644 205.389 203.339 208.672 217.025 221.437 223.814 226.152 223.280 223.807 227.269 231.738

View price changes for other categories
Fresh fruits · San Francisco, California · Bananas · Airline fares · More

Buying power of $20 since 2000

Below are calculations of equivalent buying power for All items less shelter, 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 3.42%
2001 $20.48 2.42%
2002 $20.61 0.64%
2003 $21.07 2.22%
2004 $21.64 2.68%
2005 $22.46 3.78%
2006 $23.16 3.12%
2007 $23.73 2.49%
2008 $24.79 4.45%
2009 $24.54 -1.00%
2010 $25.18 2.62%
2011 $26.19 4.00%
2012 $26.72 2.03%
2013 $27.01 1.07%
2014 $27.29 1.04%
2015 $26.95 -1.27%
2016 $27.01 0.24%
2017 $27.43 1.55%
2018 $27.97 1.97%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for all items less shelter, 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 shelter was 165.717 in the year 2000 and 231.738 in 2018:

231.738 / 165.717 * $20 = $27.97

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $27.97 in 2018 (in the CPI category of All items less shelter).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for All items less shelter in 1947. In addition to all items less shelter, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.