According to the U.S. Bureau of Labor Statistics, prices for educational books and supplies were 1,940.31% higher in 2021 versus 1967 (a $1,940.31 difference in value).
Between 1967 and 2021: Educational supplies experienced an average inflation rate of 5.74% per year. This rate of change indicates significant inflation. In other words, educational supplies costing $100 in the year 1967 would cost $2,040.31 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 3.92% during this same period, inflation for educational supplies was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Educational books and supplies:
| Year | 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 | 2019 | 2020 | 2021 |
| CPI | 33.692 | 35.425 | 37.392 | 38.792 | 41.425 | 44.150 | 45.567 | 47.217 | 50.267 | 53.667 | 56.875 | 61.642 | 65.708 | 71.375 | 80.292 | 90.950 | 100.333 | 108.775 | 118.208 | 128.117 | 138.117 | 148.100 | 158.025 | 171.292 | 180.308 | 190.367 | 197.625 | 205.533 | 214.417 | 226.917 | 238.375 | 250.742 | 261.717 | 279.925 | 295.933 | 317.575 | 335.417 | 351.008 | 365.617 | 388.842 | 420.390 | 450.156 | 482.086 | 505.590 | 529.518 | 562.448 | 594.624 | 615.393 | 648.193 | 678.783 | 689.453 | 696.102 | 685.365 | 677.716 | 687.413 |
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:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1967 | $100.00 | - |
| 1968 | $105.14 | 5.14% |
| 1969 | $110.98 | 5.55% |
| 1970 | $115.14 | 3.74% |
| 1971 | $122.95 | 6.79% |
| 1972 | $131.04 | 6.58% |
| 1973 | $135.25 | 3.21% |
| 1974 | $140.14 | 3.62% |
| 1975 | $149.20 | 6.46% |
| 1976 | $159.29 | 6.76% |
| 1977 | $168.81 | 5.98% |
| 1978 | $182.96 | 8.38% |
| 1979 | $195.03 | 6.60% |
| 1980 | $211.85 | 8.62% |
| 1981 | $238.31 | 12.49% |
| 1982 | $269.95 | 13.27% |
| 1983 | $297.80 | 10.32% |
| 1984 | $322.85 | 8.41% |
| 1985 | $350.85 | 8.67% |
| 1986 | $380.26 | 8.38% |
| 1987 | $409.94 | 7.81% |
| 1988 | $439.57 | 7.23% |
| 1989 | $469.03 | 6.70% |
| 1990 | $508.41 | 8.40% |
| 1991 | $535.17 | 5.26% |
| 1992 | $565.03 | 5.58% |
| 1993 | $586.57 | 3.81% |
| 1994 | $610.04 | 4.00% |
| 1995 | $636.41 | 4.32% |
| 1996 | $673.51 | 5.83% |
| 1997 | $707.52 | 5.05% |
| 1998 | $744.22 | 5.19% |
| 1999 | $776.80 | 4.38% |
| 2000 | $830.84 | 6.96% |
| 2001 | $878.36 | 5.72% |
| 2002 | $942.59 | 7.31% |
| 2003 | $995.55 | 5.62% |
| 2004 | $1,041.83 | 4.65% |
| 2005 | $1,085.18 | 4.16% |
| 2006 | $1,154.12 | 6.35% |
| 2007 | $1,247.76 | 8.11% |
| 2008 | $1,336.11 | 7.08% |
| 2009 | $1,430.88 | 7.09% |
| 2010 | $1,500.64 | 4.88% |
| 2011 | $1,571.66 | 4.73% |
| 2012 | $1,669.40 | 6.22% |
| 2013 | $1,764.90 | 5.72% |
| 2014 | $1,826.54 | 3.49% |
| 2015 | $1,923.90 | 5.33% |
| 2016 | $2,014.69 | 4.72% |
| 2017 | $2,046.36 | 1.57% |
| 2018 | $2,066.10 | 0.96% |
| 2019 | $2,034.23 | -1.54% |
| 2020 | $2,011.52 | -1.12% |
| 2021 | $2,040.31 | 1.43%* |