Other lodging away from home including hotels and motels priced at $20 in 1967 $297.82 in 2023

Other Lodging Away From Home Including Hotels And Motels Inflation Calculator

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Prices for Other Lodging Away From Home Including Hotels And Motels, 1967-2023 ($20)

According to the U.S. Bureau of Labor Statistics, prices for other lodging away from home including hotels and motels are 1,389.12% higher in 2023 versus 1967 (a $277.82 difference in value).

Between 1967 and 2023: Other lodging away from home including hotels and motels experienced an average inflation rate of 4.94% per year. This rate of change indicates significant inflation. In other words, other lodging away from home including hotels and motels costing $20 in the year 1967 would cost $297.82 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 4.02% during this same period, inflation for other lodging away from home including hotels and motels was higher.

Price Inflation for Other lodging away from home including hotels and motels since 1967

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1979 (15.36%), 1980 (14.16%), and 1991 (14.14%).

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Buying power of $20.00 since 1967

Below are calculations of equivalent buying power for Other lodging away from home including hotels and motels, over time, for $20 beginning in 1967. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1967$20.00-
1968$21.316.53%
1969$22.987.84%
1970$25.028.88%
1971$26.003.94%
1972$26.562.13%
1973$27.714.34%
1974$29.797.53%
1975$31.987.33%
1976$34.608.18%
1977$37.418.14%
1978$42.6513.99%
1979$49.2015.36%
1980$56.1614.16%
1981$62.5811.43%
1982$69.8411.60%
1983$73.395.09%
1984$79.127.81%
1985$84.646.97%
1986$87.753.68%
1987$93.156.15%
1988$98.535.78%
1989$102.614.14%
1990$113.0610.19%
1991$129.0414.14%
1992$136.535.81%
1993$140.372.81%
1994$144.593.01%
1995$150.514.09%
1996$158.365.22%
1997$166.104.89%
1998$173.784.62%
1999$178.772.87%
2000$187.094.65%
2001$188.240.62%
2002$186.29-1.04%
2003$186.920.33%
2004$196.615.19%
2005$203.193.35%
2006$211.654.16%
2007$222.285.02%
2008$223.070.36%
2009$206.94-7.23%
2010$207.840.44%
2011$213.042.50%
2012$216.851.79%
2013$218.520.77%
2014$228.124.39%
2015$235.263.13%
2016$241.132.49%
2017$242.470.56%
2018$244.140.69%
2019$251.633.07%
2020$221.75-11.87%
2021$245.8310.86%
2022$276.2912.39%
2023$297.827.79%*

* 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 lodging away from home including hotels and motels:

Year196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
CPI26.98528.74631.00033.75435.08535.83137.38540.20043.14646.67750.47757.53866.37775.77784.43894.23199.023106.754114.192118.400125.677132.938138.438152.538174.108184.215189.392195.085203.069213.662224.108234.469241.208252.423253.985251.354252.192265.277274.154285.562299.905300.970279.215280.431287.435292.577294.836307.782317.417325.335327.148329.406339.513299.197331.684372.785401.833

Adjust other lodging away from home including hotels and motels prices for inflation

Start with the inflation rate formula:

CPI in 2023 / CPI in 1967 * 1967 USD value = 2023 USD value

Then plug in historical CPI values from above. The CPI for Other lodging away from home including hotels and motels was 26.985 in the year 1967 and 401.833 in 2023:

401.833 / 26.985 * $20 = $297.82

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1967 has the same "purchasing power" as $297.82 in 2023 (in the CPI category of Other lodging away from home including hotels and motels).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Other lodging away from home including hotels and motels in 1967. In addition to other lodging away from home including hotels and motels, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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