★ Historical pricing for Educational supplies in 2000

Educational supplies priced at $100 in 2000 → $248.99 in 2018

Historical Price Inflation for Educational supplies

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Prices for Educational Supplies, 2000-2018 ($100)

According to the U.S. Bureau of Labor Statistics, prices for educational books and supplies were 148.99% higher in 2018 versus 2000.

Between 2000 and 2018: Educational supplies experienced an average inflation rate of 5.20% per year. This rate of change indicates significant inflation. In other words, educational supplies costing $100 in the year 2000 would cost $248.99 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.09% during this same period, inflation for educational supplies was similar.

In the year 2000: Pricing changed by 6.96%, above the average yearly change for educational supplies during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), price inflation for educational supplies was much 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 (13.27%), 1981 (12.49%), and 1983 (10.32%).

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
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 90.950 100.333 108.775 118.208 128.117 138.117 148.100 158.025 171.292 180.308 190.367 197.625 205.533 214.417 226.917 238.375 250.742 261.717 279.925 295.933 317.575 335.417 351.008 365.617 388.842 420.390 450.156 482.086 505.590 529.518 562.448 594.624 615.340 648.107 678.739 689.465 696.992
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How to calculate the inflation rate for educational supplies, 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 Educational books and supplies was 279.925 in the year 2000 and 696.992 in 2018:

696.992 / 279.925 * $100 = $248.99

Therefore, according to U.S. Bureau of Labor Statistics, $100 in 2000 has the same "purchasing power" as $248.99 in 2018 (in the 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 other goods and services.

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