According to the U.S. Bureau of Labor Statistics, prices for other goods and services are 1,260.53% higher in 2024 versus 1970 (a $189,080.06 difference in value).
Between 1970 and 2024: Other goods and services experienced an average inflation rate of 4.95% per year. This rate of change indicates significant inflation. In other words, other goods and services costing $15,000 in the year 1970 would cost $204,080.06 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.94% during this same period, inflation for other goods and services was higher.
In the year 1970: Pricing changed by 5.80%, which is above the average yearly change for other goods and services during the 1970-2024 time period. Compared to inflation for all items in 1970 (5.83%), inflation for other goods and services was lower.
Below are calculations of equivalent buying power for Other goods and services, over time, for $15,000 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1970 | $15,000.00 | 5.80% |
| 1971 | $15,710.13 | 4.73% |
| 1972 | $16,377.98 | 4.25% |
| 1973 | $17,012.02 | 3.87% |
| 1974 | $18,237.84 | 7.21% |
| 1975 | $19,753.90 | 8.31% |
| 1976 | $20,892.35 | 5.76% |
| 1977 | $22,118.17 | 5.87% |
| 1978 | $23,532.78 | 6.40% |
| 1979 | $25,254.56 | 7.32% |
| 1980 | $27,539.92 | 9.05% |
| 1981 | $30,273.34 | 9.93% |
| 1982 | $33,384.37 | 10.28% |
| 1983 | $37,016.72 | 10.88% |
| 1984 | $39,504.98 | 6.72% |
| 1985 | $41,936.88 | 6.16% |
| 1986 | $44,475.86 | 6.05% |
| 1987 | $47,065.56 | 5.82% |
| 1988 | $50,201.95 | 6.66% |
| 1989 | $54,099.19 | 7.76% |
| 1990 | $58,235.96 | 7.65% |
| 1991 | $62,863.05 | 7.95% |
| 1992 | $67,135.07 | 6.80% |
| 1993 | $70,665.98 | 5.26% |
| 1994 | $72,725.91 | 2.92% |
| 1995 | $75,777.76 | 4.20% |
| 1996 | $78,911.33 | 4.14% |
| 1997 | $82,354.88 | 4.36% |
| 1998 | $87,091.87 | 5.75% |
| 1999 | $94,613.00 | 8.64% |
| 2000 | $99,302.09 | 4.96% |
| 2001 | $103,537.48 | 4.27% |
| 2002 | $107,423.45 | 3.75% |
| 2003 | $109,432.65 | 1.87% |
| 2004 | $111,633.48 | 2.01% |
| 2005 | $114,792.41 | 2.83% |
| 2006 | $117,852.71 | 2.67% |
| 2007 | $122,109.75 | 3.61% |
| 2008 | $126,525.18 | 3.62% |
| 2009 | $135,025.76 | 6.72% |
| 2010 | $139,680.29 | 3.45% |
| 2011 | $141,853.76 | 1.56% |
| 2012 | $144,480.52 | 1.85% |
| 2013 | $146,900.86 | 1.68% |
| 2014 | $149,500.18 | 1.77% |
| 2015 | $151,991.40 | 1.67% |
| 2016 | $154,986.24 | 1.97% |
| 2017 | $158,470.59 | 2.25% |
| 2018 | $162,034.83 | 2.25% |
| 2019 | $165,320.66 | 2.03% |
| 2020 | $169,393.96 | 2.46% |
| 2021 | $174,679.04 | 3.12% |
| 2022 | $185,510.86 | 6.20% |
| 2023 | $196,818.40 | 6.10% |
| 2024 | $204,080.06 | 3.69%* |
* 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 Other goods and services:
| 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 | 2022 | 2023 | 2024 |
| CPI | 35.054 | 36.885 | 38.700 | 40.946 | 42.885 | 44.708 | 46.438 | 49.785 | 53.923 | 57.031 | 60.377 | 64.238 | 68.938 | 75.177 | 82.638 | 91.131 | 101.046 | 107.838 | 114.477 | 121.408 | 128.477 | 137.038 | 147.677 | 158.969 | 171.600 | 183.262 | 192.900 | 198.523 | 206.854 | 215.408 | 224.808 | 237.738 | 258.269 | 271.069 | 282.631 | 293.238 | 298.723 | 304.731 | 313.354 | 321.708 | 333.328 | 345.381 | 368.586 | 381.291 | 387.224 | 394.395 | 401.002 | 408.097 | 414.898 | 423.073 | 432.584 | 442.314 | 451.283 | 462.402 | 476.829 | 506.397 | 537.264 | 557.086 |