Education and communication priced at $1 in 2021 $1.01 in 2022

Education And Communication Inflation Calculator

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Prices for Education And Communication, 2021-2022 ($1)

According to the U.S. Bureau of Labor Statistics, prices for education and communication are 0.69% higher in 2022 versus 2021 (a $0.01 difference in value).

Between 2021 and 2022: Education and communication experienced an average inflation rate of 0.69% per year. In other words, education and communication costing $1 in the year 2021 would cost $1.01 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 7.14% during this same period, inflation for education and communication was significantly lower.

In the year 2021: Pricing changed by 1.65%, which is above the average yearly change for education and communication during the 2021-2022 time period. Compared to inflation for all items in 2021 (4.70%), inflation for education and communication was much lower.

Price Inflation for Education and communication since 1993

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1994 (3.86%), 1995 (3.79%), and 1996 (3.42%).

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Buying power of $1.00 since 2021

Below are calculations of equivalent buying power for Education and communication, over time, for $1 beginning in 2021. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2021$1.001.65%
2022$1.010.69%*

* 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 Education and communication:

Year199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI85.56788.86792.23395.39298.492100.275101.183102.533105.242107.892109.792111.567113.692116.750119.573123.629127.395129.924131.466133.845135.886137.514138.203139.133136.508136.786137.791140.301142.612143.597

Adjust education and communication prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2021 * 2021 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Education and communication was 142.612 in the year 2021 and 143.597 in 2022:

143.597 / 142.612 * $1 = $1.01

Therefore, according to U.S. Bureau of Labor Statistics, $1 in 2021 has the same "purchasing power" as $1.01 in 2022 (in the CPI category of Education and communication).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Education and communication in 1993. In addition to education and communication, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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