Education priced at $20 in 2000 $54.24 in 2019

Education Inflation Calculator

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Prices for Education, 2000-2019 ($20)

According to the U.S. Bureau of Labor Statistics, prices for education were 171.22% higher in 2019 versus 2000 (a $34.24 difference in value).

Between 2000 and 2019: Education experienced an average inflation rate of 5.39% per year. This rate of change indicates significant inflation. In other words, education costing $20 in the year 2000 would cost $54.24 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 2.10% during this same period, inflation for education was significantly higher.

In the year 2000: Pricing changed by 0%, which is significantly below the average yearly change for education during the 2000-2019 time period. Compared to inflation for all items in 2000 (3.38%), inflation for education was much lower.

Price Inflation for Education since 1993

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2018 (166.02%), 1994 (6.25%), and 1995 (5.72%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Education:

Year 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 2019
CPI 78.367 83.267 88.033 92.667 97.300 97.300 97.300 97.300 97.300 97.300 97.300 97.300 97.300 97.300 97.300 97.300 97.300 97.300 97.300 97.300 97.300 97.300 97.300 97.300 97.300 258.840 263.901

View price changes for other categories
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Buying power of $20 since 2000

Below are calculations of equivalent buying power for Education, 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 -
2001 $20.00 0.00%
2002 $20.00 0.00%
2003 $20.00 0.00%
2004 $20.00 0.00%
2005 $20.00 0.00%
2006 $20.00 0.00%
2007 $20.00 0.00%
2008 $20.00 0.00%
2009 $20.00 0.00%
2010 $20.00 0.00%
2011 $20.00 0.00%
2012 $20.00 0.00%
2013 $20.00 0.00%
2014 $20.00 0.00%
2015 $20.00 0.00%
2016 $20.00 0.00%
2017 $20.00 0.00%
2018 $53.20 166.02%
2019 $54.24 1.96%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for education, 2000-2019

Start with the inflation rate formula:

CPI in 2019 / CPI in 2000 * 2000 USD value = 2019 USD value

Then plug in historical CPI values from above. The CPI for Education was 97.300 in the year 2000 and 263.901 in 2019:

263.901 / 97.300 * $20 = $54.24

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $54.24 in 2019 (in the CPI category of Education).


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

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