Commodities less food and beverages priced at $20 in 2000 $21.86 in 2018

Historical Price Inflation for Commodities less food and beverages

$

Prices for Commodities Less Food And Beverages, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for commodities less food and beverages were 9.29% higher in 2018 versus 2000 (a $1.86 difference in value).

Between 2000 and 2018: Commodities less food and beverages experienced an average inflation rate of 0.49% per year. In other words, commodities less food and beverages costing $20 in the year 2000 would cost $21.86 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for commodities less food and beverages was lower.

In the year 2000: Pricing changed by 3.90%, which is significantly above the average yearly change for commodities less food and beverages during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for commodities less food and beverages was higher.

Price Inflation for Commodities less food and beverages since 1984

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2015 (-6.53%), 2011 (6.35%), and 2009 (-5.64%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Commodities less food and beverages:

Year 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 103.100 105.200 101.400 104.033 107.300 111.567 117.033 120.400 123.200 125.300 126.900 128.867 131.500 132.167 130.500 132.533 137.700 137.200 134.200 134.500 136.733 142.467 145.900 147.515 153.034 144.395 150.392 159.943 162.745 161.484 159.568 149.153 145.373 147.234 150.486

View price changes for other categories
Food · Admission to sporting events · New York · New trucks · More

Buying power of $20 since 2000

Below are calculations of equivalent buying power for Commodities less food and beverages, 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 3.90%
2001 $19.93 -0.36%
2002 $19.49 -2.19%
2003 $19.54 0.22%
2004 $19.86 1.66%
2005 $20.69 4.19%
2006 $21.19 2.41%
2007 $21.43 1.11%
2008 $22.23 3.74%
2009 $20.97 -5.64%
2010 $21.84 4.15%
2011 $23.23 6.35%
2012 $23.64 1.75%
2013 $23.45 -0.77%
2014 $23.18 -1.19%
2015 $21.66 -6.53%
2016 $21.11 -2.53%
2017 $21.38 1.28%
2018 $21.86 2.21%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for commodities less food and beverages, 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 Commodities less food and beverages was 137.700 in the year 2000 and 150.486 in 2018:

150.486 / 137.700 * $20 = $21.86

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $21.86 in 2018 (in the CPI category of Commodities less food and beverages).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Commodities less food and beverages in 1984. In addition to commodities less food and beverages, 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.