Educational supplies priced at $100 in 1967 $2,060.73 in 2024

Educational Supplies Inflation Calculator

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Prices for Educational Supplies, 1967-2024 ($100)

According to the U.S. Bureau of Labor Statistics, prices for educational books and supplies are 1,960.73% higher in 2024 versus 1967 (a $1,960.73 difference in value).

Between 1967 and 2024: Educational supplies experienced an average inflation rate of 5.45% per year. This rate of change indicates significant inflation. In other words, educational supplies costing $100 in the year 1967 would cost $2,060.73 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.01% during this same period, inflation for educational supplies was higher.

Price Inflation for Educational books and supplies since 1967

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1982 (13.30%), 1981 (12.43%), and 1983 (10.31%).

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Buying power of $100.00 since 1967

Below are calculations of equivalent buying power for Educational supplies, over time, for $100 beginning in 1967. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1967$100.00-
1968$105.235.23%
1969$111.035.51%
1970$115.143.70%
1971$123.006.82%
1972$131.086.57%
1973$135.283.21%
1974$140.193.63%
1975$149.266.47%
1976$159.286.72%
1977$168.926.05%
1978$182.948.30%
1979$195.026.60%
1980$211.948.68%
1981$238.3012.43%
1982$269.9913.30%
1983$297.8310.31%
1984$322.818.39%
1985$350.908.70%
1986$380.348.39%
1987$410.057.81%
1988$439.647.22%
1989$469.136.71%
1990$508.528.40%
1991$535.215.25%
1992$565.065.58%
1993$586.553.80%
1994$610.124.02%
1995$636.494.32%
1996$673.675.84%
1997$707.765.06%
1998$744.425.18%
1999$776.944.37%
2000$830.906.95%
2001$878.475.72%
2002$942.737.32%
2003$995.715.62%
2004$1,042.094.66%
2005$1,085.484.16%
2006$1,154.516.36%
2007$1,248.108.11%
2008$1,336.487.08%
2009$1,431.137.08%
2010$1,500.894.87%
2011$1,572.074.74%
2012$1,670.066.23%
2013$1,765.525.72%
2014$1,827.093.49%
2015$1,924.225.32%
2016$2,015.114.72%
2017$2,046.791.57%
2018$2,066.530.96%
2019$2,034.65-1.54%
2020$2,011.94-1.12%
2021$2,039.731.38%
2022$2,115.293.70%
2023$2,081.78-1.58%
2024$2,060.73-1.01%*

* 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 Educational books and supplies:

Year1967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI33.68535.44637.40038.78541.43144.15445.56947.22350.27753.65456.90061.62365.69271.39280.26990.946100.323108.738118.200128.115138.123148.092158.023171.292180.285190.338197.577205.515214.400226.923238.408250.754261.708279.885295.908317.554335.400351.023365.638388.892420.418450.187482.072505.569529.545562.555594.710615.447648.165678.783689.453696.102685.365677.716687.075712.527701.241694.149

Adjust educational supplies prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1967 * 1967 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Educational books and supplies was 33.685 in the year 1967 and 694.149 in 2024:

694.149 / 33.685 * $100 = $2,060.73

Therefore, according to U.S. Bureau of Labor Statistics, $100 in 1967 has the same "purchasing power" as $2,060.73 in 2024 (in the CPI category of Educational books and supplies).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Educational books and supplies in 1967. In addition to educational supplies, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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