Miscellaneous household products price inflation, 1997→2023

Miscellaneous Household Products Inflation Calculator

Prices for Miscellaneous Household Products, 1997-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for miscellaneous household products are 40.03% higher in 2023 versus 1997 (a $8.01 difference in value).

Between 1997 and 2023: Miscellaneous household products experienced an average inflation rate of 1.30% per year. In other words, miscellaneous household products costing $20 in the year 1997 would cost $28.01 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.49% during this same period, inflation for miscellaneous household products was lower.

Price Inflation for Miscellaneous household products since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 2022 (9.73%), 2023 (6.92%), and 2006 (4.35%).

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Buying power of $20.00 since 1997

Below are calculations of equivalent buying power for Miscellaneous household products, over time, for $20 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
1997	$20.00	-
1998	$20.42	2.11%
1999	$20.58	0.78%
2000	$20.87	1.39%
2001	$21.18	1.49%
2002	$21.48	1.42%
2003	$21.22	-1.22%
2004	$21.05	-0.78%
2005	$21.28	1.07%
2006	$22.20	4.35%
2007	$22.71	2.30%
2008	$23.26	2.40%
2009	$23.37	0.46%
2010	$23.39	0.09%
2011	$23.59	0.85%
2012	$24.15	2.40%
2013	$24.01	-0.59%
2014	$23.95	-0.24%
2015	$23.81	-0.60%
2016	$23.50	-1.30%
2017	$23.28	-0.93%
2018	$23.67	1.65%
2019	$23.84	0.74%
2020	$24.20	1.51%
2021	$23.87	-1.38%
2022	$26.19	9.73%
2023	$28.01	6.92%*

* 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 Miscellaneous household products:

Year	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	2022	2023
CPI	100.000	102.108	102.908	104.338	105.892	107.400	106.092	105.269	106.392	111.015	113.567	116.295	116.834	116.935	117.932	120.767	120.059	119.770	119.049	117.501	116.414	118.338	119.219	121.025	119.349	130.966	140.033

Adjust miscellaneous household products prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 1997 * 1997 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Miscellaneous household products was 100.000 in the year 1997 and 140.033 in 2023:

140.033 / 100.000 * $20 = $28.01

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1997 has the same "purchasing power" as $28.01 in 2023 (in the CPI category of Miscellaneous household products).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Miscellaneous household products in 1997. In addition to miscellaneous household products, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.