Nondurables less food, beverages, and apparel priced at $20 in 2000 $30.79 in 2018

Historical Price Inflation for Nondurables less food, beverages, and apparel

$

Prices for Nondurables Less Food, Beverages, And Apparel, 2000-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for nondurables less food, beverages, and apparel were 53.97% higher in 2018 versus 2000 (a $10.79 difference in value).

Between 2000 and 2018: Nondurables less food, beverages, and apparel experienced an average inflation rate of 2.43% per year. This rate of change indicates significant inflation. In other words, nondurables less food, beverages, and apparel costing $20 in the year 2000 would cost $30.79 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.12% during this same period, inflation for nondurables less food, beverages, and apparel was higher.

In the year 2000: Pricing changed by 11.26%, which is significantly above the average yearly change for nondurables less food, beverages, and apparel during the 2000-2018 time period. Compared to inflation for all items in 2000 (3.38%), inflation for nondurables less food, beverages, and apparel was much higher.

Price Inflation for Nondurables less food, beverages, and apparel since 1967

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (23.63%), 1979 (18.86%), and 1974 (18.23%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Nondurables less food, beverages, and apparel:

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 31.215 32.185 33.377 34.615 35.838 36.800 38.577 45.608 50.269 52.900 56.231 59.346 70.538 87.208 97.100 98.377 99.954 101.692 104.000 95.892 99.515 103.223 110.962 121.138 124.815 127.877 129.615 130.338 132.877 138.554 140.562 137.377 146.015 162.454 163.377 162.208 171.500 183.915 202.600 216.338 226.224 248.809 219.592 238.053 266.957 273.168 269.790 266.212 233.268 223.909 235.272 250.136

View price changes for other categories
Legal services · Indoor plants and flowers · Juices and nonalcoholic drinks · College tuition and fees · More

Buying power of $20 since 2000

Below are calculations of equivalent buying power for Nondurables less food, beverages, and apparel, 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 11.26%
2001 $20.11 0.57%
2002 $19.97 -0.72%
2003 $21.11 5.73%
2004 $22.64 7.24%
2005 $24.94 10.16%
2006 $26.63 6.78%
2007 $27.85 4.57%
2008 $30.63 9.98%
2009 $27.03 -11.74%
2010 $29.31 8.41%
2011 $32.87 12.14%
2012 $33.63 2.33%
2013 $33.21 -1.24%
2014 $32.77 -1.33%
2015 $28.72 -12.38%
2016 $27.57 -4.01%
2017 $28.96 5.07%
2018 $30.79 6.32%*
* Not final. See inflation summary for latest details.

How to calculate the inflation rate for nondurables less food, beverages, and apparel, 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 Nondurables less food, beverages, and apparel was 162.454 in the year 2000 and 250.136 in 2018:

250.136 / 162.454 * $20 = $30.79

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2000 has the same "purchasing power" as $30.79 in 2018 (in the CPI category of Nondurables less food, beverages, and apparel).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Nondurables less food, beverages, and apparel in 1967. In addition to nondurables less food, beverages, and apparel, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.